Latest Business News

Boyd casinos drop the green flag on new NASCAR slot machine

Ladies and gentlemen, start your gaming engines: Bally Technology’s new NASCAR slot machine will make its Las Vegas debut at several Boyd Gaming properties on Friday.

23 May 2013
By Ed Komenda

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Recent events raise the question: Is Las Vegas prepared for a major medical emergency?

Medical workers aid injured people at the finish line of the 2013 Boston Marathon following an explosion in Boston, Monday, April 15, 2013.

In the aftermath of the Boston Marathon bombing, approximately 300 injured people were treated at 26 Boston-area hospitals. That same week, a fertilizer plant in West, Texas, exploded, sending more than 200 inured people to area hospitals. Monday, after a devastatingly large and powerful tornado ripped through Oklahoma, 200 people, including 50 children, were treated for injuries. So, how is Southern Nevada prepared for a large-scale medical emergency? After all, Clark County has one of the largest tourist corridors in the world in the Las Vegas Strip.

23 May 2013
By Tovin Lapan

Joe Downtown: Does Starbucks herald 'arrival' of East Fremont?

An unthinkable move just a few years ago may become a reality. Though four Starbucks coffee retailers already exist downtown, none exists in the Fremont East Entertainment District. That might soon change.

23 May 2013
By Joe Schoenmann

Las Vegas still leads U.S. in underwater homeowners, but crisis seems to be subsiding

A vacant HUD home is shown in North Las Vegas April 2, 2013. A neighbor said that it has been vacant for a bout two years. (1524 Gaber Court, North Las Vegas)

Las Vegas’ underwater mortgage woes keep showing signs of improvement — but also remain worst in the country. Some 54.3 percent of valley homeowners with mortgages were underwater in the quarter ending March 31.

22 May 2013
By Eli Segall

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Protesters at Las Vegas tech show take aim at Mexican billionaire's 'corrupt practices'

Jessica Padron, left, and members of Two Countries One Voice protest against Carlos Slim, a Mexican businessman listed as the second richest man in the world by Bloomberg's Billionaire Index, in front of the Venetian Wednesday, May 22, 2013. The group accuses Slim's telecommunication companies of engaging in predatory and monopolistic practices. The protest coincides with CTIA, a wireless technology convention, being held at the Sands Expo Center.

One good thing about protesting a communications and technology mogul is that most of your target audience is quick to record and capture events on their cellular phones.

22 May 2013
By Tovin Lapan

Rio plans zipline ride between two towers

A rendering shows the VooDoo Skyline thrill ride, which is expected to be operational this summer.

Imagine this: you’re soaring 400 feet above the Las Vegas Strip, strung on a zipline between the Rio’s two towers.

22 May 2013
By Ed Komenda

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A look at what the proposed ‘fun tax’ would mean for your wallet

The third and final night of the 2012 Electric Daisy Carnival at Las Vegas Motor Speedway on Sunday, June 10, 2012.

The proposed tax has drawn a lot of fire, including a Steve Wynn visit to Carson City.

22 May 2013
By Andrea Domanick

Median CEO pay rises to $9.7 million in 2012

CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

22 May 2013
By Christina Rexrode, Associated Press

Firefly owner enlists new PR firm after salmonella outbreak

Firefly Tapas Kitchen & Bar on Paradise Road sits closed Tuesday, April 30, 2013.

John Simmons, the embattled owner of Firefly Tapas Restaurant & Bar, has hired a new public relations firm to represent his restaurant. The Ferraro Group on Wednesday announced it would replace Purdue Marion & Associates.

22 May 2013
By Ed Komenda

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On top of big salaries, companies like Wynn Resorts pile on perks for CEOs

Steve Wynn meets with the media in a villa at Wynn Las Vegas on Wednesday, April 27, 2011.

Wynn Resorts kept a suite open all year at its tony Las Vegas hotel and casino for founder and CEO Steve Wynn, at a cost of nearly $452,000. Former IBM CEO Samuel Palmisano was guaranteed an administrative assistant and furnished office for life.

22 May 2013
Associated Press

Little Church of the West marks 70 years of walking down the aisle

Owner Greg Smith poses inside the Little Church of the West in Las Vegas on Tuesday, May 21, 2013.

When Dudley Moore knocked on Greg Smith's office door a few years ago, it was business as usual for the wedding chapel owner. Moore, an Oscar-nominated actor, was getting married the next day and wanted to see the Little Church of the West before he walked down its aisle. “He was scheduled to be married with us and I had no idea. We chatted a bit and he came in and played the organ,” Smith said. Little Church of the West will celebrate its 70th anniversary on Wednesday, and Smith said it still would be business as usual for the ...

22 May 2013
By Alison Saclolo

Developer breaking ground on an office project — a rarity these days

With office construction at a near standstill, a Las Vegas developer is breaking ground this week on a project for a residential brokerage firm.

22 May 2013
By Eli Segall

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Swinger blocked from operating sex club gets another day in court

David Cooper, who was denied a business license for Sextasy, his swinger's club in Commercial Center, talks with his attorney Lisa Rasmussen before an eviction hearing in District Court in Las Vegas on Aug. 15, 2008. Cooper says the county has singled him out.

A business owner who said he was improperly denied a business license to open a swingers club in a Las Vegas shopping center will get a second chance to make his case after a federal court ordered Monday that his lawsuit against Clark County be reheard.

21 May 2013
By Conor Shine

Measure to clamp down on small slot parlors advances to Assembly

A man enters Dotty's near Eastern and Serene in Henderson on Thursday, March 24, 2011.

The Senate has approved a bill that puts greater restrictions on licensing small slot arcades in the future in Clark and Washoe counties. The bill, aimed primarily at Dotty's slot parlors, was passed 18-3 and goes to the Assembly.

21 May 2013
By Cy Ryan

Golden Gate owners hit rock bottom — for heating and cooling systems

A view of the Golden Gate Casino in downtown Las Vegas, July 9, 2012.

Greg Stevens saw opportunity 475 feet below the Golden Gate Hotel & Casino. That’s where the engineer and co-owner of the 107-year-old Fremont property decided to draw the heating and cooling power needed to keep beer and slush drinks cold at the casino’s OneBar.

21 May 2013
By Ed Komenda

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