Las Vegas Business News

Downtown casino executive: Gaming’s embrace of esports won’t happen overnight

Seth Schorr, CEO of the Downtown Grand, speaks during an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.

The combination of video gaming and gambling is undoubtedly going to become more popular. But it’s not the revolutionary idea some make it out to be, and its widespread ...

Esports players thrilled to represent Las Vegas in national competition

A 12-city tournament based on the game League of Legends is being conducted by Super League Gaming.

Some of the best unpaid esports players in the country are set to compete in a series of online events to determine which city is the king of gamers. ...

MGM exec Glover named president of Atlantic City's Borgata

An MGM Resorts International executive will become the next president of Atlantic City's Borgata casino. The Las Vegas-based firm on Thursday named Marcus Glover as president and ...

Golden Gate on Fremont Street to double casino size

A view of the Golden Gate hotel-casino in downtown Las Vegas Friday, Jan. 24, 2015.

The Golden Gate hotel hotel-casino in downtown Las Vegas will double its casino size as part of a major renovation announced Thursday. The 111-year-old property will ...

Post Faraday, North Las Vegas relies on rapid industrial growth

A sign advertises industrial land near Interstate 15 and Highway 93, north of Las Vegas Wednesday, Feb. 17, 2016. With Faraday Future halting plans to build in the Apex Industrial Park this month, North Las Vegas is looking to sustain burgeoning growth in industrial real estate.

Beset by damaging economic news in recent weeks, North Las Vegas can find comfort in its continuing industrial real estate boom. The announcement by embattled carmaker Faraday Future that ...

Clark County mulls control board to keep marijuana businesses in line

A marijuana dispensary displays a sign Monday, Sept. 28, 2015, in Portland, Ore. Nevada lawmakers modeled the state's "early start" recreational marijuana program after Oregon's. Permanent provisions won't be established until it expires Jan. 1, but the Clark County Commission is already discussing local rules that will align.

Arguing that the emerging marijuana industry demands more oversight than your run-of-the-mill business, Commissioner Marilyn Kirkpatrick on Tuesday floated the idea of creating a marijuana control board similar to the Gaming Control Board or Liquor Control Board. “People need to know we’re serious,” Kirkpatrick said. While commissioners ...

The myths and realities of Las Vegas casino hosts

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

In pop culture, Las Vegas casino hosts are almost as legendary as the players they sometimes serve, the uber-rich bettors known in gambling slang as “whales.” But the biggest challenge casino hosts face isn’t getting finicky players to bet — it’s getting the support and understanding they need from management to do their job. That observation was one of the takeaways during a two-day conference on ...

New technology helps pawn shops authenticate handbags

Michael Mack, left, and James McCracken of Max Pawn test the authenticity of a Louis Vuitton bag with the Entrupy microcamera device.

Although television shows such as “Pawn Stars” and “Hardcore Pawn” make pawn shops look glamorous, fun and profitable, those who grind it out in the industry must evaluate knockoff items daily with far fewer resources. ...

Trump wants new NAFTA deal to cut trade deficit with Mexico

President Donald Trump vowed Monday to boost U.S. manufacturing by cutting the $64 billion trade deficit with Mexico as he showcased ...

World Series of Poker sets record with nearly 121,000 entrants

Poker players compete in day 2c of the World Series of Poker Main Event at the Rio Wednesday, July 12, 2017. This year's tournament registered 7,221 players, the third-highest participation in WSOP history and the biggest total since 2010, officials said.

The World Series of Poker has had a record-breaking summer in Las Vegas. Organizers on Monday said the annual poker extravaganza shattered its attendance record with 120,995 entrants. That's an increase of ...

New Jersey casino launches daily fantasy sports

Player matchups are shown on the screen of a computer laptop in Atlantic City N.J. on Monday July 17, 2017, shortly after Resorts Casino Hotel became the first New Jersey casino to launch a daily fantasy sports site. The casino hopes to attract new customers who otherwise wouldn't patronize a casino.

New Jersey's first casino has become the first in Atlantic City to let patrons play daily fantasy sports contests for money. Resorts Casino Hotel on Monday launched FastPick, a daily fantasy sports game in ...

How much better is the economy, really?

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

Eight years ago, news outlets roundly declared that the Great Recession killed the Las Vegas dream, or at least mauled it. They described swaths of darkness in the Strip’s sea ...

The List: Gaming suppliers, July 16, 2017

Find out about gaming suppliers. This week, we rank them by number of employees as of June 1.

Run your nonprofit with a strategic business approach

To provide a valuable service, nonprofits must follow sustainable operating practices to maintain the manpower, materials, facilities and all else necessary to achieve their goals. The key to accomplishing this is to operate with the strategic approach of a for-profit business.

Tavern owner: ‘The best is yet to come’

Sam Tibolt, owner of Proof Tavern, poses at the bar in MonteLago Village at Lake Las Vegas in Henderson Tuesday, July 11, 2017.

Sam Tibolt saw a void in gaming establishments in Lake Las Vegas as an opportunity to open his own pub in MonteLago Village. He’s taking what we learned in three years at Golden Entertainment and applying it to his bar and restaurant.