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Las Vegas Business News

Ex-SLS head Kreeger heeds the call of Macau

January 22nd, 2017

Former SLS Las Vegas President and Chief Operating Officer Scott Kreeger is known for his knowledge of the Las Vegas gaming market.He has taken his expertise that knowledge to … Macau.Kreeger has settled in with Galaxy Entertainment to head up development of the Galaxy Macau’s Phase 4 expansion. Kreeger left SLS Las Vegas on Dec. 31, after spending more than two years at the resort. He ...Read More >>

History buff does double duty sharing Las Vegas’ past

January 21st, 2017

It’s fair to say Ashley Canelon knows more about Las Vegas history than most other recent transplants — and possibly natives.Canelon works up to 70 hours a week, sharing her time between the Mob Museum, where she works full time giving tours and doing outreach, and the Neon Museum, where she works work part time guiding tours.“Sometimes I see the same tourists at both places,&...Read More >>

Free Las Vegas attractions? Not when you factor in parking

January 21st, 2017

We’d laugh it weren’t so sad to see articles in some of the national travel publications touting “30 things you can do for free in Vegas.”Unless you plan to walk a ways to some of these attractions, they’re technically no longer free because you will have to pay to park near them.Bellagio’s Conservatory and choreographed fountain show in the front of the prop...Read More >>

After crash, sleepy Bullhead City slower to rebound

January 21st, 2017

BULLHEAD CITY, Ariz. — Perched on a hill, the Rancho Colorado subdivision here offers views of the city and the surrounding mountains. Towering palm trees line the road in – but the main entry is blocked with hulking rocks and a metal barricade, and not a single house is built.About 8 miles south, there are plenty of homes in the neighborhood off Arroyo Vista Drive, though it seems work...Read More >>

Australian developer plans $800 million extreme sports park near Town Square

January 20th, 2017

Josh Kearney has the plans, the site lined up and, he says, the money. And after upping his vision for an extreme sports park in Las Vegas, he wants to start building.Kearney, a 37-year-old Australian who says he lives here and in Los Angeles, has filed plans with Clark County for a dirt biking/surfing/wakeboarding/rock climbing/hotel project south of the Strip. It will be called The Edge, he s...Read More >>

Entrepreneur retires from assistant sheriff’s job in California to open beef jerky plant near McCarran

January 20th, 2017

As Dave Williams recalls, his announcement to a Southern California sheriff’s department that he decided to retire from law enforcement and join the world of beef jerky manufacturing surprised some of his colleagues.But he was confident in his decision. For about six years, Williams had watched as a man he considered one of his best friends built a family recipe for beef jerky into a staf...Read More >>

At Adult Entertainment Expo, lawyers warn of potential porn crackdown under Trump

January 20th, 2017

The inauguration of Donald Trump as the 45th President of the United States may usher in an era that strips the hardcore porn industry of its economic livelihood.That was the tone of the message delivered Thursday to workers in the adult entertainment community by a legal panel at the industry’s annual four-day trade show at the Hard Rock Hotel in Las Vegas.Porn workers enjoyed a relative...Read More >>

For sale: Gaping reminder of Las Vegas’ boom and bust

January 20th, 2017

Sullivan Square was supposed to be an urban enclave built from scratch in the Las Vegas suburbs, with high-rises, bike lanes, a dog park, art fairs and fitness centers.Today? It’s a giant hole in the ground.The project, at the southeast corner of Sunset Road and Durango Drive, was one of dozens last decade that was supposed to bring soaring towers to flat, sprawling Las Vegas. And like mo...Read More >>

Auto parts retailer to begin hiring for new location near North Las Vegas

January 20th, 2017

A Pennsylvania auto parts retailer will start hiring in February for its 90,000-square-foot building under construction near North Las Vegas.CJ Pony Parts, which specializes in Mustang parts, expects the building to finish construction around June, President Mike Large said. The building is at 2730 N. Lamb Blvd., near the intersection with Alto Avenue.The needed positions include a distribution...Read More >>

Samsung expected to blame irregular battery size for phone fires

January 20th, 2017

Samsung announced Friday that it’s finally going to reveal what caused its Galaxy Note 7 phones to catch fire and explode. The company stopped making its flagship phone in October, after two messy rounds of recalls that asked customers to turn in their smartphones — and then the “safe” phones issued to replace them.Samsung will give its account of what happened in a news...Read More >>

Firearms and firearms accessory makers increasingly consider women buyers

January 19th, 2017

The PK380 handgun by Walther Arms Inc. has a single stack, making it smaller, lighter and easier to conceal than other models. It has the kind of characteristics that women buyers seek.It addition to standard black, the PK380 comes in bright pink and dark purple, colors popular among female buyers.Cyndi Flannigan, vice president for sales at Walther, picks up the PK380 handgun on display with h...Read More >>

Las Vegas Sands to pay $6.96M to resolve federal inquiry

January 19th, 2017

Las Vegas Sands Corp. has agreed to pay a $6.96 million fine to resolve the federal government’s investigation of company compliance with the Foreign Corrupt Practices Act in some of its dealings in China and Macau.The non-prosecution settlement stems from the same case that led the Securities and Exchange Commission to fine Sands $9 million in April. The SEC and the Justice Department of...Read More >>

In wake of Raiders announcement, things to move fast for stadium board

January 19th, 2017

Steve Hill recently put members of the Las Vegas Stadium Authority board on notice that they’d be meeting twice a month for awhile.It was a good idea.With the Oakland Raiders announcing Thursday that they have formally applied for relocation to Las Vegas, things will move fast as the nine-member board puts agreements in place to build a $1.9 billion, 65,000-seat domed stadium for the team...Read More >>

Economic development board approves Northern Nevada manufacturing training program

January 19th, 2017

The Governor’s Office of Economic Development board approved a new training program Thursday that will give workers with no manufacturing experience in Northern Nevada the skills they need to become part of the advanced manufacturing workforce.Truckee Meadows Community College, Panasonic Energy Corporation of North America and the Hamilton Company worked together to develop the program.&l...Read More >>

Save-A-Lot closing all 4 Las Vegas locations

January 19th, 2017

All four Las Vegas locations of discount grocery chain Save-A-Lot will close by February.A local store manager confirmed the closings on Thursday. She said everything in the stores will be 50 percent off starting Friday except for fresh meat, milk and eggs.She declined to give her name because she was not given permission by the company to discuss the closings.Save-A-Lot, based in Missouri, ope...Read More >>

Company emphasizing robotic processes to open Feb. 1 in Las Vegas

January 19th, 2017

It’s no secret that Nevada is working to brand itself as the state for emerging technologies, with its support for companies like Tesla, Faraday Future and Hyperloop One.Now a company focused on robotic process automation, starting with the automation of back-office operations like accounting, is slated to open a 4,000 square foot Center of Excellence and Innovation Center in Las Vegas Fe...Read More >>

Trump’s pick for Energy chief: Yucca Mountain can’t be ruled out

January 19th, 2017

WASHINGTON — Former Texas Gov. Rick Perry, tapped by President-elect Donald Trump to head the Energy Department, left open Thursday the possibility that Yucca Mountain could house nuclear waste in the future.Perry told the Senate Energy and Natural Resources Committee that he understood the position of Nevada’s bipartisan congressional delegation and Gov. Brian Sandoval that the fac...Read More >>

Las Vegas home values rise faster than US in ‘16, report says

January 19th, 2017

Las Vegas home values ended 2016 rising faster than the national average.The median estimated home value in the Las Vegas area in December was $215,400, up 9.8 percent from a year earlier, according to a report Thursday by home-listing service Zillow.Nationally, the median home value last month was $193,800, up 6.8 percent year-over-year.Among the 35 metro areas listed in Zillow’s report,...Read More >>

Bricklayers flock to Las Vegas to compete in Super Bowl of their industry — VIDEO

January 18th, 2017

The 50 competitors lined up Wednesday in the Las Vegas sun alongside their stack of sand-colored, three-holed bricks and put their baseball caps over their hearts as a live rendition of “The Star Spangled Banner” rang out.Two announcers on a platform discussed the competitors and their chances to win as a big screen TV showed the contestants poised to begin.The announcer began the c...Read More >>

Las Vegas sports teams will be big sellers — even for non fans

January 18th, 2017

The arrival of Las Vegas’ National Hockey League franchise and the potential relocation of the Oakland Raiders to Southern Nevada present enormous retail prospects on everything from T-shirts to all forms of logoed merchandise.And it isn’t just about selling stuff to locals.Exhibitors and retail representatives attending this week’s Sports Licensing and Tailgate Show at the La...Read More >>

Netflix’s shrinking DVD service faces uncertain future

January 18th, 2017

SAN FRANCISCO — Originally cast in a starring role, Netflix’s original DVD-by-mail service has been reduced to a bit player — one that may eventually get killed off as the company focuses on its booming video streaming service.Netflix’s fourth-quarter earnings report released Wednesday provided the latest glimpse at the DVD service’s descent into oblivion as the st...Read More >>

Southwest cafe traces name, some art to 5-year-old taste-tester

January 18th, 2017

Summer Chan’s fingerprints are all over a new coffee and dessert cafe. It features her name and a cartoonized version of her face as the logo, and she even picked out the artwork on one of the walls.All that, and she’s only 5.When Summer’s not in school, she can be found at the restaurant taste-testing her mother’s and grandfather’s kitchen creations, especially th...Read More >>

Las Vegas still a favorite for LGBT tourists, survey indicates

January 18th, 2017

Las Vegas remains one of the nation’s leading destinations for gay tourists and Nevada’s distinction as a “blue state” could play in its favor after a report indicated some LGBT travelers fear for their safety in red states.San Francisco-based Community Marketing & Insights on Tuesday released its 21st annual survey on the travel habits of gay tourists and found few ...Read More >>

Black Bear Diner plans 4th Las Vegas location

January 18th, 2017

A California diner chain will open its fourth location in the Las Vegas valley later this year.Black Bear Diner, based in Redding and with a menu that ranges from breakfast to burgers, will open around April in the shopping center south of McCarran International Airport.“Before that, we have 11 other locations that are opening,” Black Bear marketing director Jolisa Johnson said. &ld...Read More >>

At Las Vegas convention, industry pros tout concrete in colorful, creative forms

January 17th, 2017

Concrete, that bland and gray material poured to fill your driveway, can be used to create beautiful, colorful interior designs.That’s what this year’s World of Concrete (WOC) is hoping to chisel home to industry professionals.World of Concrete, which yesterday kicked off its 43nd annual show Tuesday in Las Vegas at the Las Vegas Convention Center, has for the first time set up an o...Read More >>

Nevada’s unemployment rate tumbles to 9-year low

January 17th, 2017

The state’s unemployment rate has hit a nine-year low. But we can still do better.So says UNLV professor and Business and Economic Research Center Director Stephen Miller about the latest jobs report for Nevada.“Our unemployment rate is still above the national average,” Miller said. “And the issue is, as it goes down, are people re-entering the labor force who have exit...Read More >>

Caesars unit wins court approval to end $18B bankruptcy

January 17th, 2017

CHICAGO — Caesars Entertainment Corp.’s main operating unit won court approval on Tuesday for a plan to shed $10 billion of debt and end a contentious $18 billion bankruptcy filed nearly two years ago to the day.“It is a monumental achievement,” U.S. Bankruptcy Judge Benjamin Goldgar said at a hearing in Chicago after approving the reorganization plan.The Caesars subsidi...Read More >>

MGM Cotai opening pushed back to second half of ‘17

January 17th, 2017

MGM Cotai, MGM Resorts International’s $3.1 billion hotel-casino under construction just off Macau’s Cotai Strip, will open in the second half of 2017 instead of in the second quarter, the company disclosed Tuesday in a Securities and Exchange Commission filing.In the filing, the company cited the complexity of the project design as the reason for the delay.It’s the second tim...Read More >>

Big Apple Coaster operations manager dreamed about working for attraction

January 17th, 2017

For a while Wendy Ellebrecht’s morning routine involved careening down a hill at 65 mph, being turned upside down and whipping around a tight, stomach-churning spiral before coming to a quick and decisive stop three and a half minutes later.“I’ve lost track of how many times I’ve ridden (The Big Apple Coaster at New York-New York),” Ellebrecht said. “When I w...Read More >>

Trail of controversy follows doctor to Las Vegas

January 16th, 2017

Doug Geinzer called it a “milestone event for medical tourism in Las Vegas.”Geinzer, CEO of Las Vegas Heals, a coalition of medical and wellness industry professionals working to turn Las Vegas into a medical tourism hub, gushed in his advertising for the grand opening of the Bonati Institute on West Twain Avenue, a Thursday event that drew about 200 people.“Attracting the Bon...Read More >>

Costco to double number of gasoline pump at Summerlin location

January 16th, 2017

Costco has received a construction permit to do $1.9 million worth of work at its Summerlin location.The membership-only wholesaler, based in Washington state, will double the amount of gasoline pumps it has on site from 12 to 24, general manager Matt Freitas said.The work will require the location at 801 S. Pavilion Center Drive to close the gas station for about four days around March, when t...Read More >>

MGM Resorts buys Washington, D.C., office to advance policy initiatives

January 16th, 2017

MGM Resorts International has bought a new Washington, D.C., office building to use as base for advancing public policy initiatives.In a statement last Thursday, MGM Resorts, which operates 10 Strip hotel-casinos, said Ayesha Khanna will lead the new Washington office as senior vice president for federal government affairs. Khanna served as chief counsel to Harry Reid, D-Nev., who recently reti...Read More >>

Zikiz plans second Las Vegas Valley location

January 16th, 2017

Zikiz, which sells wraps and Mediterranean food in Henderson, will open its second location in the valley in February.During that month, Zikiz’s owner will open a new restaurant concept next door.“We’re trying to make this a local hangout,” Ed Rizk said of his new venture, Cupz. “It’s going to be more than just a regular cafe.”Cupz will sell desserts, c...Read More >>

Manufacturers of slots, table games may cash in on Japan gaming

January 16th, 2017

When Japan finally legalizes casino gambling and auctions licenses to resort operators, it will be a shot in the arm for an industry that has been experiencing sluggish growth in recent years.Japan could catapult to become the third-largest casino market globally when the first casino lights are turned on in the early 2020s. Analysts estimate gaming revenue in the world’s third largest ec...Read More >>

Habit Burger opens first North Las Vegas location

January 16th, 2017

Irvine, California-based restaurant Habit Burger Grill opened its first location in North Las Vegas on Jan. 16 — and its fourth in the Las Vegas Valley — and celebrated its grand opening with free food.The restaurant is at 6482 N. Decatur Blvd., Suite H100A, near the 215 Beltway in the Wal-Mart Supercenter shopping center.“We decided to expand north when we felt we’d hav...Read More >>

With spectacles deal, Italian tycoon adds new chapter to rags-to-riches story

January 16th, 2017

MILAN — By sealing one of the biggest European merger deals of recent years, 81-year old spectacles tycoon Leonardo Del Vecchio has added another chapter to one of Italy’s most legendary rags-to-riches stories.The 46 billion euro tie-up between Del Vecchio’s Luxottica and France’s Essilor creates a global powerhouse in the fast-growing 95 billion euro industry, in which ...Read More >>

Inventor suggests embedding slots with player-friendly images

January 14th, 2017

As gaming companies attempt to unlock the secrets of how to persuade millennials to gamble in casinos, mom-and-pop inventor Darryl Rosenblatt thinks he has the answer — embed slot machines with symbols and images that are important to those individual players.And the icing on the cake is that his concept also has a built-in marketing component that encourages a player’s friends to p...Read More >>

Qatar Airways to launch Las Vegas service in 2018

January 13th, 2017

Qatar Airways has finally set a date for when it will launch service between Las Vegas and Doha, Qatar — but you’ll have to wait another year.The Middle East carrier will offer four weekly, nonstop flights from McCarran International to Doha’s Hamad International Airport on Jan. 8, 2018, a Qatar Airways spokesman said this week.The announcement comes nearly two months after Qa...Read More >>

CEO lands tenant for downtown Las Vegas coworking space

January 13th, 2017

One of Paul Murad’s better gifts this holiday season came a couple of days before Christmas in the form of a deposit for the newest tenant in a Main Street building downtown.The CEO of local real estate company Metroplex Group searched for about a year for the right business, taking an interest in coworking spaces, where multiple business owners and entrepreneurs can share cheaper office ...Read More >>

At Las Vegas Strip hotel, virtual “employee” Rose will guide you, maybe flirt with you

January 13th, 2017

As you enter The Cosmopolitan of Las Vegas lobby, you turn yourself over to the hotel’s newest “employee” Rose to guide you through its halls and amenities.Very outgoing — to the point of being flirtatious — from the start Rose asks with the virtual equivalent of a wink what you would like to check out first in the 3005-room resort and casino.Inquiring about pools,...Read More >>