Latest Business News

Bitcoin bust: Poker site prompts raid, investigation by Nevada gaming authorities

Professional poker player Bryan Micon says he was victimized by authorities in a raid over his affiliation with the Seals with Clubs poker website.

The operator of a poker site where players gambled in Bitcoin says he was doing nothing wrong. But the Nevada gaming authorities who raided his home on Feb. 11 are still investigating what they found when ...

Vexing question: When is a casino a big casino?

Dotty's near Eastern and Serene in Henderson is shown Thursday, March 24, 2011.

When Becki Johnson’s busy life as a wife, mother and executive assistant gets too hectic, she seeks a break from the madcap modern grind: She plays video keno. But not on the Strip, where the hubbub of cavernous casinos, ebb and flow of boozy strangers, and stampedes of tourists gets on her nerves. Instead, Johnson tries her luck at Dotty’s Gaming & Spirits …

Elaine Wynn moves to renominate herself to Wynn Resorts board

Elaine Wynn speaks during a Las Vegas Metro Chamber of Commerce Business Power Luncheon on Wednesday, May 8, 2013, at the Rio.

Elaine Wynn pushed back at a decision to remove her from the board of her ex-husband’s resort company today, filing preliminary ...

MGM sets March 24 groundbreaking on $800M Massachusetts casino

A rendering shows the $800 million MGM Springfield in Massachusetts.

MGM outlined its construction schedule for an $800 million resort casino in Springfield on Thursday, starting with a March 24 groundbreaking. At a rare Springfield meeting for ...

Bankrupt Caesars unit gets court’s approval to use cash, for now

The Forum Shops at Caesars Palace on Friday, May 18, 2012.

A federal judge in Chicago ruled Wednesday that a bankrupt division of Caesars Entertainment Corp. can tap some of the $847 million in cash it has on hand for ...

New, 90-foot sign going up at the Gramercy

Workers with Nevada Sign prepare to hoist part of a 90-foot sign at the Gramercy mixed-use development Tuesday, March 3, 2015.

A few weeks after imploding the Gramercy’s never-finished condo tower, developers are building another high-rise of sorts at the ...

Bill would change overtime rules for lower-wage workers

Overtime pay is the subject of another legislative debate pitting employees against businesses. Lawmakers are working a bill that critics say ...

Where you reside plays a role in how long you live

Where you reside plays a role in how long you live

Babies born today in the suburban southeast valley are projected to live 87 years. Life expectancy is only 71 years nine miles north, near the Strip. In West Las Vegas, life expectancy is 73 years.

New president at Venetian, Palazzo starts this month

John Caparella, who’s been president of the Venetian and Palazzo since 2011, is departing next month. He will be replaced by George Markantonis, who was most recently ...

BLM sells $10.7 million worth of sand, gravel

A yucca plant is surrounded by trash on undeveloped BLM land at the south end of Ann Road.

Sand and gravel can be used in the construction of highways, high-rise buildings, power plants, airport runways and bridges, among other things.

Water rate hike OK’d for valley homes, businesses

In this April 16, 2013, file photo, the high water mark for Lake Mead is seen on Hoover Dam and its spillway near Boulder City.

Water rates are going up for valley homes and businesses to help pay for a new $650 million pumping station that will keep ...

Wynn Resorts CEO Steve Wynn earned $25 million in 2014

Steve Wynn answers a question from the audience during his keynote speech at the Global Gaming Expo, G2E, about the Sands Expo on Tuesday, September 30, 2014. .

Steve Wynn may have recently taken a pay cut as CEO of Wynn Resorts Ltd. but no need for sympathy for the casino-hotel mogul. Wynn earned $25.3 million in 2014. That was nearly ...

Caesars grows revenue, trims loss in fourth quarter of 2014

The High Roller.

Caesars Entertainment, the debt-saddled casino giant whose Strip properties include Caesars Palace, Paris and the Flamingo, announced its fourth-quarter and full-year earnings today ...

Summerlin land values climb to $518,000 an acre

This 2008 file photo shows Summerlin's Vistas village, an 800-acre European-inspired village that features community parks marked with 48-foot clock towers at its northern and southern entries.

Land values soared in Summerlin last year, with developers commanding higher prices for property amid the opening of the community’s long-delayed retail center. Howard Hughes Corp. sold 280 acres of land ...

Wynn Resorts wants Steve Wynn’s ex-wife off board

Elaine Wynn speaks during a Las Vegas Metro Chamber of Commerce Business Power Luncheon at the Rio Wednesday, May 8, 2013.

Wynn Resorts Ltd.'s board of directors says it want Steve Wynn's ex-wife off the panel. In a financial filing Friday, the board said it would not re-nominate Elaine Wynn because of conflict-of-interest concerns and a legal complaint she has pending against her ex-husband and the company's CEO, Steve Wynn. The board says Elaine Wynn sent it a letter saying she will ...