Latest Business News

Gaming regulators scold Caesars, calling company’s bankruptcy an embarrassment

A man takes pictures of Caesars Palace in Las Vegas, Jan. 12, 2015.

Caesars executives had to appear before the Nevada Gaming Commission on Thursday for approval of some routine matters, and commissioners used it as an opportunity to ...

Lawmakers review bill to make expiring taxes permanent

Nevada lawmakers are reviewing a major portion of Gov. Brian Sandoval's plan to raise and extend more than $1.1 billion in taxes ...

Nevada casino regulators scold Caesars for bankruptcy

A man takes pictures of Caesars Palace in Las Vegas, Jan. 12, 2015.

Nevada gambling regulators called the bankruptcy of Caesars Entertainment Corp.'s debt-heavy subsidiary an embarrassment and lamented the company's inability to ...

Culinary, Bartenders unions reach tentative deal with MGM Grand

MGM Grand on the Las Vegas Strip as seen on Thursday, June 6, 2013.

The Culinary and Bartenders Unions have reached a tentative agreement with the MGM Grand for a four-year contract renewal. The new contract will cover approximately 4,000 members of ...

Las Vegas airport traffic up nearly 3 percent in February

A Southwest Airlines flight approaches McCarran International Airport with the Luxor in the background.

Officials say the number of travelers flying into and out of Las Vegas grew nearly 3 percent in February compared to the year prior to 3.15 million people. McCarran International Airport officials ...

Fourth-quarter revenue, income up at Stratosphere parent company

Arizona Charlie's Decatur

The company that owns the Stratosphere, Arizona Charlie’s and the Aquarius in Laughlin, reported its fourth-quarter and full-year earnings today. The company attributed its net revenue increase for the quarter to ...

Las Vegas home prices leave wage growth in the dust

Fafie Moore, left, a Realty Executives owner/broker, and realtor Helen Riley look over a home being offered for sale in Henderson April 8, 2013.

Las Vegas’ soaring home prices outpaced wage growth at one of the fastest rates in the nation the past few years. The average weekly wage in Southern Nevada last year was ...

Judge appoints examiner in bankruptcy of Caesars division

An exterior view of Caesars Palace, June 6, 2013.

A former Watergate prosecutor who was later involved in efforts to secure the release of Americans during the Iran hostage crisis is now investigating business deals made by ...

In Congress, debate over banning online gaming moves forward

Rep. Jason Chaffetz, R-Utah, left, and Sen. Lindsey Graham, R-S.C., walk together as Graham and other senators head to the floor at the Capitol in Washington, Wednesday, July 10, 2013.

In a choose-your-own-facts debate, a Sheldon Adelson-backed bill to ban online gaming got its first airing in Congress with a controversial hearing.

Watchdog says SLS Las Vegas got green light with Reid’s help

Exterior of SLS from Paradise street on August 22, 2014.

Homeland Security's inspector general says applications for immigration visas for investors in the SLS Las Vegas casino-hotel development were sped through the approvals process with pressure ...

Delaware, Nevada poker players can now play together online

State officials say a multistate online poker network allowing gamblers in Delaware and Nevada to play against one another is up and running. Govs. Jack Markell of Delaware and Brian Sandoval of Nevada announced ...

Elaine Wynn says she knew nothing about nephew’s land deal

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

Elaine Wynn, maintaining her fight to stay on the board of Wynn Resorts, said today that the company’s latest accusations against her are a factually baseless ploy to instigate tension between her and stockholders. In an attempt to “set the record ...

Class-action lawsuit says Las Vegas Strip casinos hid resort fees

Las Vegas Sands Corp. owns the Palazzo and Venetian resorts.

A class-action lawsuit filed in a California federal court alleges the Venetian and the Palazzo resorts hid daily resort fees from travelers booking ...

Salt Lake City will soon offer Google’s high-speed Internet

 In this Wednesday, May 15, 2013, photo, Larry Page, Google's co-founder and chief executive, speaks during the keynote presentation at Google I/O 2013 in San Francisco. Google is planning to offer high-speed Internet service in 34 more cities scattered across eight states in an ambitious expansion aimed at providing formidable competition to cable and telecommunication providers.

Salt Lake City will soon join a handful of U.S. cities in offering high-speed internet service through Google Fiber ...

Report: Rising interest rates could dampen home sales

Las Vegas Strip casinos can be seen behind new home construction Wednesday, July 30, 2014, in Summerlin.

Las Vegas homebuilders are seeing more signs of a turnaround, but with borrowing costs poised to rise, sales could fall again, according to a new report. Builders sold 474 new homes in ...