Homebuilders Pulte and Lennar sue AG over hiring of law firm to probe lending

March 11, 2010

By Steve Green

Home building giants Pulte Homes Inc. and Lennar Corp. are suing Attorney General Catherine Cortez Masto, charging she improperly hired a union-affiliated law firm to investigate predatory mortgage lending allegations.

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Companies announce plans for wind turbine manufacturing plant

March 11, 2010

By Sun Staff

A consortium of companies announced plans today to develop a plant in the Las Vegas area that would employ about 1,000 people for manufacturing wind turbines. The 320,000-square-foot plant would be one of the largest manufacturing employers in Southern Nevada.

MGM Mirage, Cox recognized as leaders in diversity

March 11, 2010

By Steve Green

Las Vegas-based MGM Mirage has once again landed on an important national list of the nation’s top companies for diversity. The casino-resort operator is the only Nevada-based company and the only gaming company on DiversityInc’s 2010 Top 50 Companies For Diversity list issued Wednesday.

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February home foreclosures fall sharply in Nevada

March 10, 2010

By Buck Wargo

Nationwide, the number of foreclosures filed in February rose 6 percent compared to February 2009, but Nevada bucked that trend with foreclosure filings down 30 percent, according to California-based RealtyTrac.

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Gaming companies say thank you to Harry Reid in bright lights

March 10, 2010

By Sun Staff

Las Vegas gaming companies were showing in a very public way their appreciation to Senate Majority Leader Harry Reid for his role in ushering tourism legislation through Congress.

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Report: Las Vegas hotel rooms are nation's most affordable

March 10, 2010

By Liz Benston

Thanks in part to the recession, Las Vegas has the nation's most popular and affordable hotel rooms, according to a twice-annual survey by the travel reservations Web site Hotels.com. Rates plummeted significantly from the first half of last year, when Las Vegas was ranked 45th in hotel pricing nationwide.

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Las Vegas visitor numbers see increase for fifth month

March 10, 2010

By Sun Staff

The number of visitors to Las Vegas in January increased over the same month a year ago, according to figures released today. The Las Vegas Convention and Visitors Authority said 2,877,716 people visited Las Vegas in January, which is up from 2,765,916 visitors in January 2009 -- and increase of 4 percent.

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Nevada casino win drops 3.2 percent in January

March 10, 2010

By David McGrath Schwartz

Gaming revenues dropped 3.2 percent in January compared to the same month a year ago, a figure that was better than expected. Nevada casinos reported a gaming win of $883 million in January, with casinos on the Las Vegas Strip down 3 percent.

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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