Las Vegas Business News

Report: States should be cautious as they look to sin taxes for revenue

So-called sin taxes on alcohol, tobacco and gambling are not a reliable source of state revenue, authors of a new research report warn. Sin taxes are volatile and likely to shrink as more states look to ...

LV Sands commits $75 million to MSG Sphere arena project

Renderings, provided by the Madison Square Garden Company, of the proposed "MSG Sphere Las Vegas" arena project. The arena is a joint venture with Sands Corporation, to be built behind the Venetian and Palazzo. It's slated to open in 2020.

Las Vegas Sands Corp. will contribute $75 million to the MSG Sphere arena project being built behind two of its Las Vegas Strip properties. Documents filed Wednesday to the Securities and Exchange Commission show Sands will pay out the money to Madison Square Garden Co. incrementally upon construction milestones being met on the site owned by the gaming giant. The project's final price has yet to be revealed. The 360-foot-tall by 500-foot-wide facility features a ...

Panic button maker displays devices that protect hotel workers

Chief Product Officer David Simpson demonstrates how a button activates the MadeSafe alert system, which identifies the location of employees in distress, at the Cosmopolitan, Wednesday, July 18, 2018.

When a housekeeper at many Las Vegas hotels feels their well-being is threatened or comes across a guest having a medical emergency, the solution to a fast response is closer than ever ...

FanDuel Group to launch online sports betting and casino

In this Saturday, July 14, 2018, photo a clerk hands a sports betting ticket to a gambler at the Meadowlands Racetrack in East Rutherford N.J., minutes after it started accepting sports bets. FanDuel Group says it plans to offer sports betting for the track, and a full internet casino operation in time for the start of football season in September. Sports betting in New Jersey began last month, generating $16.4 million in bets during its first two weeks.

FanDuel Group says it will launch online sports betting and an internet casino, hopefully in time for the start of football season. FanDuel, which is mostly owned by Ireland-based Paddy Power Betfair, will provide online ...

UNLV breaks ground on research and tech park

Diane Chase, left, UNLV's executive vice president and provost, and Marta Meana, acting president of UNLV, during a groundbreaking ceremony for the first innovation building in the Harry Reid Research & Technology Park (UNLV Tech Park) on West Sunset Road near Durango Drive Tuesday, July 17, 2018.

UNLV broke ground today on the Harry Reid Research and Technology Park. The university marked the start of construction on a $35 million, four-story building, the first ...

State gets 5 more sports betting applications

In this Thursday, June 14, 2018, file photo, bettors wait to make wagers on sporting events at the Borgata casino in Atlantic City, N.J., hours after it began accepting sports bets. New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September.

New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September ...

Caesars breaks ground on $375 million conference center

An artist's rendering of the Caesars Forum conference center projected to open in 2020 just off the Las Vegas Strip.

Caesars Entertainment has booked $70 million in business for its new Caesars Forum conference center, even before any work on the project is underway. “That’s just ...

5-year labor deal reached between union, 2 Las Vegas casinos

An exterior view of the Fremont casino in downtown Las Vegas, Sunday, Jan. 20, 2013.

Two casinos in downtown Las Vegas reached a tentative labor agreement with unionized bartenders, food and cocktail servers and other workers over the weekend. The Culinary Union says the five-year deal covers more than ...

The List: Available commercial space, July 16, 2018

Learn about available commercial space. This week, we rank it by available square feet as of June 1.

Family-owned business takes chef's approach to whiskey-making

Brandy Strauser Sobanski and her parents Nicholas and Connie Strauser pose for a photo in their family owned distillery, N Scott Distillery, located in Las Vegas, May 18, 2018.

On his wife’s suggestion, Nik Strauser set out to learn all he could about the art of distilling. It occurred to him that distilling relied on the same skills as cooking. He saw all the equipment — the still, mash tun, fermenters and grain mill — as cooking equipment.

The Notes: July 16, 2018

In the Notes: Sinful Subs, Jasmine Taylor, Sunrise Hospital and Medical Center, Dr. Souzan El-Eid, Gerald Ward, Chaya Platt, Flip For Me Gymnastics, Capriotti’s and more ...

MGM Resorts says eliminating straws has caused little stir

An exterior view of the MGM Grand on the Las Vegas Strip Dec. 26, 2017.

MGM Resorts recently announced its intention to cut back on straw usage to reduce plastic waste and help protect the environment ...

Las Vegans aim to bridge video broadcasting gap with new social app

According to its description in the app store, “Symposium is a worldwide social-commerce marketplace with unprecedented access to business professionals, celebrities, athletes, social media trendsetters and many more by connecting users via scheduled video chat and live pay-per-view broadcasts.”

Teachers, speakers and presenters will soon be able to charge consumers directly for their live videos if a group of Las Vegas tech gurus and celebrity investors have their way.

Off-Strip Westgate casino, union reach tentative labor deal

An exterior view of the Westgate hotel and casino Sunday, June 28, 2015.

Unionized workers in Las Vegas have reached a tentative labor agreement with the Westgate casino-resort a week after guests and others encountered picket lines outside ...

New Jersey businesses get $16M in sports bets in 1st 2 weeks

This June 14, 2018, photo shows staff at Monmouth Park racetrack in Oceanport N.J., preparing to begin taking sports bets moments before it became legal in New Jersey.

Two casinos and a racetrack in New Jersey took in $16.4 million in sports bets during the first two weeks such wagers were legal in the state. Figures released today by the state Division of Gaming Enforcement show the ...