Las Vegas Business News

Light rail system on Maryland Parkway a good bet for fed funding, RTC official says

A rendering of a proposed light rail system along Maryland Parkway. The Regional Transportation Commission's Tina Quigley said this week the project can be completed if 50 percent of the anticipated $700 million cost is federally funded.

A proposed light rail system along Maryland Parkway would be a boon for the economy and a good bet for millions of dollars in federal funding, said Tina Quigley, general ...

Dispensaries trading free weed for holiday donations

Terry Barton, right, of Veterans Village, helps Rob Ruckus, manager of Inyo Fine Cannabis Dispensary, with a delivery of nonperishable food from a holiday food drive at the Las Vegas dispensary on Thursday, Dec. 14, 2017. The donations benefit residents of Veterans Village.

Rob Ruckus, a worker at Inyo Fine Cannabis dispensary in Las Vegas, grabbed a tub of more than 50 canned food items Thursday morning to load into his pickup truck. Over the last couple weeks, donated food — items such as ...

Viva Aerobus adding nonstop flights from Mexico City to Las Vegas

Consul General of Mexico Alejandro Madrigal speaks during a news conference at McCarran International Airport to announce new Viva Aerobus service between Las Vegas and Mexico City Friday, December 15, 2017.

Just past noon Saturday, travelers from Mexico City will start arriving in Las Vegas via new nonstop service on budget airline Viva Aerobus. At a news conference to announce the new route, officials with ...

17-story hotel under construction next to Palms on Flamingo Road

Rendering of a 3883 Flamingo, a CAI Investments retail and housing development which will be located just east of the Palms.

Construction is underway on a 17-story non-gaming hotel on Flamingo Road, next door to the Palms resort just west of the Las Vegas Strip. The project, called 3883 Flamingo, sits on almost 9 acres and will include multifamily housing and retail, according to the developer, CAI Investments, which hosted a groundbreaking ceremony on Friday. Tenants at the site will include ...

Room rates, table game prices on the Strip fluctuate widely during holidays

A bird's-eye view of the Las Vegas Strip at dusk, Wednesday, Aug. 3, 2016.

Prices for hotel rooms and at casino tables in Las Vegas traditionally surge and recede during the holidays, but at least one pricing expert says technology may eventually allow resorts to attract the best-spending customers and worry less about empty rooms. Anthony Curtis, a consumer blogger and publisher of the Las Vegas Advisor who has tracked room rates on the Las Vegas Strip for 27 years, says ...

Wynn Resorts buying site of former New Frontier on Strip

A view of the former New Frontier casino site Tuesday, Nov. 3, 2015, on Las Vegas Boulevard South.

Wynn Resorts announced today it is buying 38 acres of land on the Strip across from the Wynn Las Vegas and the Encore. Most of the land — 34 acres — is on the site of the ...

Marijuana leaders, city officials discuss pot lounge ordinance

Customers wait in a long line at Reef Dispensaries in Las Vegas as recreational marijuana sales begin at midnight in Nevada on Friday, June 30, 2017.

Officials want to make Las Vegas the country’s first city to allow marijuana smoking lounges, and hope to do so by ...

Deal revived for Frank Sinatra's old Tahoe casino

The Cal Neva Lodge is seen in this photo from July, 1997.

When it comes to splashy real estate deals, Silicon Valley icon Larry Ellison usually gets what he wants. Frank Sinatra's old Lake Tahoe casino, the Cal Neva, is no exception. After threatening to back out because of delays, Ellison is ready to move forward with his $35.8 million purchase of the bankrupt ...

Detroit casinos see potential in sports betting

Crews work on the landscaping outside the MGM Grand Detroit casino in Detroit on Monday, Oct. 1, 2007.

The busiest part of Las Vegas casinos on Sunday afternoon aren’t the slots, craps, roulette or blackjack. It is the sportsbook, where people ...

Quakes and fires? It's the cost of living that Californians can't stomach

Russel Lee, who has been living out of an RV since he lost his home in the Tubbs Fire, in Santa Rosa, Calif., Dec. 12, 2017. For many Californians, natural disasters are a moment to take stock and rethink the dream of living there, but in the end, it almost always comes down to cost.

For more than three decades, California has seen a net outflow of residents to other states, as less expensive southern cities like Las Vegas, Phoenix, Houston and Raleigh, North Carolina, supplant those of the Golden State as beacons of opportunity ...

‘The Block’ urban core to be centerpiece for Henderson’s new western gateway

A rendering of Sauvage Real Estate’s 103-acre plan calls for retail, residential and hotel space near Henderson Executive Airport.

The plan features an urban core with retail shops topped by residential space. “We have been holding onto this site for several years. We think it’s the best development parcel of this size left in the valley, and the best opportunity to create new lifestyle options for a changing Henderson and all of Las Vegas.”

World Series of Poker to have 78 events in 2018

Poker players, knocked out of the main event, gather by a WSOP sign during day 2c of the World Series of Poker Main Event at the Rio Wednesday, July 12, 2017.

The 2018 edition of the World Series of Poker in Las Vegas will feature 78 events. Owner Caesars Interactive Entertainment on Tuesday announced the premier tournament will ...

Design contract OK’d for expansion of Las Vegas Convention Center

The Las Vegas Convention and Visitors Authority board of directors signed off today on a contract for the firm designing a 1.4 million-square-foot expansion of ...

Why migration has stalled in American cities with the most opportunity

A carpenter works on a new home at a residential construction site in the west side of the valley April 5, 2013. Las Vegas is a lower-wage metro area that can attract people not by its economic prowess but by its supply of lower-cost housing.

The places that are booming in size are not the economic boomtowns — the regions with the greatest prosperity and highest productivity. In theory, we would expect those metros, like the Bay Area, Boston and New York, to be rapidly expanding, as people move from ...

Burnett leaving Nevada Gaming Control Board

Chairman A.G. Burnett, center, asks a question during a Nevada Gaming Control Board meeting at the Grant Sawyer State Building Wednesday, March 1, 2016.

Burnett said he will be work with gaming issues in his new position but can’t appear before the control board or Gaming Commission for a year because of state lobbyist laws ...