Business and Economy - Las Vegas Sun

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Convention Center’s recycling rate among nation’s best: March 10, 2010; By Richard N. Velotta; More than half of the discarded materials from the Las Vegas Convention Center and Cashman Center were recycled in 2009, but the recycling rate of those facilities' building partners helped push the Las Vegas Convention and Visitors Authority's green record to among the best in the country among meeting facilities.

World Trade Center to be established in Las Vegas: March 9, 2010; By Richard N. Velotta; The organization that produces the annual Consumer Electronics Show in Las Vegas has obtained the trademark rights for “World Trade Center, Las Vegas” and will work to develop a location in the city as a center for international trade.

Las Vegas Mayor Oscar Goodman, flanked by showgirls Meda Bell, left, and Candice Dickerson, speaks during a 2010 Earth Hour news conference at the Welcome to Fabulous Las Vegas sign Tuesday, March 9, 2010. Earth Hour will take place on March 27 at 8:30 p.m. Las Vegas time. For the second year in a row, casinos on the Las Vegas Strip will turn off marquee and non-essential exterior lighting for the event.

Las Vegas Strip casinos to go dark for Earth Hour: March 9, 2010; By Kyle Hansen; Las Vegas will join the worldwide Earth Hour event as lights are turned off around the city – and the Strip – from 8:30 to 9:30 p.m. on Saturday, March 27. The World Wildlife Fund, which organizes the event, held a news conference Tuesday at the “Welcome to Fabulous Las Vegas” sign, which also will be turned off for the event. The organization hopes to send a message about climate change and the importance of energy conservation by getting as many people as possible to turn off their lights.

Las Vegas home sales dip for second month: March 9, 2010; By Buck Wargo; Southern Nevada home sales dipped for the second consecutive month as the supply continues to dwindle and foreclosures account for a lower percentage of sales, according to statistics released today by the Greater Las Vegas Association of Realtors.

Nevada Resort Association chief Bill Bible leaves for MGM Mirage board: March 9, 2010; By Steve Green; Former gaming regulator Bill Bible is resigning immediately as president of the Nevada Resort Association so he can become a board member of MGM Mirage.

Harrah's to clubs: Pay past-due expenses at Planet Hollywood or leave: March 8, 2010; By Steve Green; The new owner of the Planet Hollywood resort in Las Vegas has been pressuring the bankrupt Privé and Living Room nightclubs there to either pay their past-due rent and expenses or vacate the premises. Owned by Miami nightclub company the Opium Group, Privé and Living Room filed for Chapter 11 bankruptcy protection Nov. 11 in Florida.

Aria, Bellagio coexisting just fine, MGM Mirage says: March 8, 2010; By Liz Benston; During MGM Mirage’s fourth-quarter earnings conference call last month, the company’s executives attempted to address questions that have dogged them since the recession began. Would Aria have to use extremely low rates to keep rooms occupied?

Fortune magazine: Wynn Resorts is gaming industry's most admired company: March 8, 2010; By Steve Green; Wynn Resorts again ranks highest among large hotel-casino operators in Fortune magazine's annual rankings of the most admired companies in each industry.

Flying high: An Allegiant Air jet takes off from McCarran International Airport. Allegiant opened its doors in Las Vegas in 2001.

Las Vegas-based Allegiant Air plans flights to Hawaii: March 5, 2010; By Richard N. Velotta; Las Vegas-based Allegiant Air is going to Hawaii. The airline’s parent company, Allegiant Travel Co., today announced plans to acquire six Boeing 757-200 twin-engine jets that would have the range to reach the Hawaiian Islands from western cities the airline currently serves.

Enjoy gourmet delights on a budget: March 5, 2010; Ryan Sutton; Las Vegas needs fewer high-end dining venues with tasting menus and white tablecloths, and more New York-style neighborhood spots like Fatty Crab or Momofuku. Ambitious fare in casual settings with reasonable prices.

Hard-money lenders see an opportunity in Clark County: March 5, 2010; By Buck Wargo; Hard-money lenders want to capitalize on distress in commercial real estate and the foreclosures that may hit that market.

Technicians at Aqua Management can remotely monitor irrigation-control devices.

Irrigation system new firm’s savior: March 5, 2010; By Buck Wargo; David Drake knows he picked a heck of a time to launch a business. Drake started Aqua Management in September 2008 during the Wall Street meltdown and what has become the Great Recession.

Reason for optimism: March 5, 2010; We see signs on Wall Street that capital will start flowing again and, hopefully, that a good amount will make it to Las Vegas.

Randall A. Fine, managing director of the Fine Point Group, during an interview at One Queensridge Place on Jan. 29.

Q&A: Randall Fine, Managing Director, Fine Point Group: March 5, 2010; By Richard N. Velotta; Randall A. Fine has accumulated a wealth of experience from big-time gaming operators in his eight-year casino career.

Viva Cirque!: March 5, 2010; “Elvis put Las Vegas on the map!” — Col. Tom Parker’s character in Cirque du Soleil’s new “Viva Elvis” production at CityCenter’s Aria casino resort.

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Dec. 11 Bank of America responds to criticism from U.S. Sen. Majority Leader Harry Reid about its home loan modification program. Plus, a couple of veteran gamers ... Watch »

Dec. 4 Five years and $8.5 billion later, Citycenter opens its doors during bleak times. Will the gamble pay off? Plus, will a move to ensure union ... Watch »

Nov. 27 Federal,state and local authorities join forces to fight mortgage fraud. Plus,a local doctor cops a plea in the medical mafia case. And, is the recession ... Watch »

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