Las Vegas Business News

Record number of homes sold in 2021 in Las Vegas area

A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.

A record 50,010 residential properties were sold in Southern Nevada in 2021, according to a report today from Las Vegas Realtors. That breaks the previous high mark established in 2011 by nearly 2,000 sales, the group said. And it smashes the total of 41,155 sales in 2020. The record number of sales occurred despite ...

6 January 2022
By Ray Brewer

The show goes on at CES, but attendance noticeably lighter

Taylor Adams works at the Hyundai Motor Co. booth during CES 2022 at the Las Vegas Convention Center on Wednesday, Jan. 5, 2022.

While droves of showgoers looked at the latest cameras, electric vehicles and wearable tech devices, there was more elbow room than in previous years.

5 January 2022
By Bryan Horwath

Las Vegas-based Allegiant buying dozens of new aircraft

An Allegiant Air passenger jet takes off from the Las Vegas airport, Thursday, Jan. 28, 2021.

Allegiant Air is expanding its fleet by purchasing 50 new 737 MAX aircraft, the Las Vegas based company announced today. The aircraft, which will be ...

5 January 2022
By Ray Brewer

COVID precautions in place, CES readies for abbreviated three-day run in Las Vegas

People walk through the lobby of the Las Vegas Convention Center during set up for the CES 2022 trade show Monday, Jan. 3, 2022.

The sprawling exhibition floors open as the spread of the COVID-19 omicron variant has heightened concerns about the safety of indoor events and travel.

4 January 2022
By Bryan Horwath

Preparing the deceased for final goodbye is embalmer’s sacred responsibility

Gidden’s Memorial Chapel’s embalmer Krystal Osborne poses for a photo Tuesday, Dec. 28, 2021.

Krystal Osborne, a native Las Vegan, has Dallas Institute of Funeral Services accreditation and own her company, Krystal’s Professional Embalming Services. She is one of approximately 3,300 licensed morticians and funeral directors in the United States who are Black …

3 January 2022
By Arleigh Rodgers

More tech companies plan to skip in-person events at Las Vegas gadget show

In this Jan. 7, 2020, file photo, crowds enter the convention center on the first day of the CES tech show, in Las Vegas.

More tech companies are pulling out of next month’s CES gadget show in Las Vegas because of rising COVID-19 cases with the emergence of the omicron variant. BMW, IBM, Panasonic and Mercedes are the latest ...

30 December 2021
By Ray Brewer

Caution urged, but Las Vegas New Year’s Eve fireworks still on

Las Vegas Strip revelers gather in front of Caesars Palace on New Year's Eve, Thursday, Dec. 31, 2020.

More than 300,000 revelers are expected on the Strip and downtown Las Vegas for the return of New Year’s Eve fireworks, despite rising case levels of COVID-19. Even though fireworks were canceled last year ...

30 December 2021
By Casey Harrison

Nevada casinos go record 9 months with $1 billion in house winnings

Gamblers play coin video poker machines at the El Cortez, Wednesday, Aug. 19, 2020.

Nevada casinos set a record in November, reporting a ninth straight month of $1 billion or more in house winnings — in a sign that business in the nation’s ...

29 December 2021
By Ken Ritter, Associated Press

Small Business Connector’s pandemic relief funding boosts businesses in valley

Jadee Glover, owner of All Paperwork Services, helps Mills Carrasco, left, and Michael Elliott, right, with their nonprofit foundation, Superman Sports, on Thursday, Dec. 23, 2021. With the help of a loan secured through the Small Business Connector, Glover was able to take what had been a part-time hobby business and turn it into a career.

The Small Business Connector launched in October with federal pandemic relief funding. In its first month, it helped 10 businesses get nearly $68,000 in loans combined, said Linda Bridges, one of the city’s point people for the program. It’s gone to power enterprises like ...

28 December 2021
By Hillary Davis

Circa resort sponsoring free COVID vaccination clinics

People line up in the Fremont Street Experience for the opening of Circa in downtown Las Vegas Tuesday, Oct. 27, 2020.

The Circa resort in downtown Las Vegas will host free COVID-19 vaccination clinics for employees and the public every Wednesday in January, officials announced today. The clinics, which will run ...

27 December 2021
By Ray Brewer

There’s ‘so many great stories’ to be told from wine, says MGM’s top sommelier

Douglas Kim oversees close to 50 sommeliers and about 350,000 bottles of wine at MGM Resorts International bars and restaurants.

When he started at the Culinary Institute of America in 2004, Douglas Kim had every intention of becoming a chef. That was before he discovered how fascinating the study of wine could be through a mandatory three-week course that put his career on a ...

27 December 2021
By Bryan Horwath

Las Vegas Bowl has come a long way in 30 years, and expectations are growing for its future

Fireworks explode over the field before the start of the Maaco Bowl Las Vegas at Sam Boyd Stadium on Thursday, Dec. 22, 2011.

A bundled-up Rob Dondero stood on the last row of bleachers at Sam Boyd Stadium glancing out to incoming traffic on Russell Road and hoping to see congestion. Instead, he was nearly blown away by December winds while witnessing just a few hundred ...

27 December 2021
By Ray Brewer

The Notes: Dec. 27, 2021

In the Notes: Taylor Musarra, Will Wiggins, Sara Levinson, Dr. Gaurav Zirath, Amber McDaniel, Angelina Scarcelli, T. Rao Coca and more ...

27 December 2021
By VEGAS INC Staff

Advances in Las Vegas’ transportation infrastructure vital to successful economy

A Tesla electric car heads into a tunnel during a tour of the Las Vegas Convention Center Loop on April 9.

Las Vegas tourism has come roaring back to life from the pandemic. And with it comes a recognition that improving tourism transportation infrastructure is a key part of keeping the visitor experience a happy one.

23 December 2021
By Jim Gibson

Despite some cancellations, CES gadget show in Vegas still a go, organizers say

In this Jan. 7, 2020, file photo, crowds enter the convention center on the first day of the CES tech show, in Las Vegas.

CES, which offers a glimpse at some of the latest technology in consumer electronics, is scheduled to take place Jan. 5 to 8 at various locations around Las Vegas.

22 December 2021
By Bryan Horwath

New owners of Palms to former employees: ‘We want you back’

A message from the San Manuel Gaming & Hospitality Authority is displayed on a marquee sign at the Palms Monday, Dec. 20, 2021.

As the Palms prepares to reopen next year, its new owners are scrambling to hire more than 1,000 employees and hoping to bring back hundreds of former workers.

22 December 2021
By Bryan Horwath

Happy Birthday, Green Valley Ranch: Resort celebrates 20 years in Henderson

Stations casino executive Bob Finch poses at Green Valley Ranch in Henderson Thursday, Dec. 16, 2021. Finch helped open the resort on De. 18, 2001. Currently, Finch is executive vice president and COO at Red Rock Resorts.

Initially, Green Valley Ranch was billed as offering more of a “Santa Barbara” resort experience. There have been changes along the way, but employees ...

21 December 2021
By Bryan Horwath

New Jersey lawmakers weigh Atlantic City casino aid bill

In this July 2, 2020, file photo, Gary Royster of Atlantic City holds up a wad of cash he used to gamble at the Hard Rock casino in Atlantic City on the day the casino reopened after being shut down for months amid the coronavirus outbreak.

A bill that would give tax relief to Atlantic City's casinos — and possibly prevent the closure of as many as four of them — was being considered Monday in the New Jersey Legislature.

20 December 2021
By Wayne Parry, Associated Press

Buttigieg to address CES on future of transportation

U.S. Secretary of Transportation Pete Buttigieg speaks during a news conference at Henderson City Hall Wednesday, Aug. 11, 2021. The City of Hendersons Reimagine Boulder Highway Project received a $40 million competitive grant from the U.S. Department of Transportation.

U.S. Secretary of Transportation Pete Buttigieg will detail the future of transportation during a speech Jan. 6 at CES, the annual trade show organized by the ...

20 December 2021
By Ray Brewer

Through data analysis, Vegas tech company aims to give casinos a leg up in marketing

Software engineers develop and test software in the OPTIX offices Wednesday, Dec. 15, 2021.

OPTX works with the casino operators to access data on customer consumption — such as how often visitors use a certain video poker machine or the restaurants they dine in — and then gives recommendations to the property on where and how they target their marketing efforts.

20 December 2021
By Bryan Horwath
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