Business and Economy - Las Vegas Sun

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Okada gets favorable ruling in case against Wynn Resorts: Feb. 9, 2012; By Steve Green; Wynn Resorts Ltd. board member Kazuo Okada scored at least an interim legal victory Thursday in his lawsuit against the casino resort company.

Strip casinos post 5.1 percent boost in winnings during 2011: Feb. 9, 2012; By Cy Ryan; The 37 casinos on the Las Vegas Strip won $6 billion in 2011, an increase of 5.1 percent from the previous year, the state Gaming Control Board reported Thursday.

Beyond the Rack to open distribution facility this month: Feb. 8, 2012; By Aida Ahmed; Beyond the Rack, a members-only online shopping club and 2010’s fastest growing e-commerce company, says it is almost ready to move into its new distribution center in North Las Vegas.

Owner weighing options for River Palms casino in Laughlin: Feb. 8, 2012; By Steve Green; Tropicana Entertainment Inc. disclosed Wednesday that it’s weighing strategic options for one of its three Nevada hotel-casinos.

Las Vegas home sales rise, but prices fall: Feb. 8, 2012; By Steve Green; The latest Las Vegas-area home price statistics show again that year-to-year sales are up while prices are down, the Greater Las Vegas Association of Realtors reported Tuesday.

Forecasts of Las Vegas economy on tap at Preview 2012: Feb. 8, 2012; By Gregan Wingert; A list of local and national speakers that includes Mayor Carolyn Goodman and author Richard Florida will offer insight about business in Las Vegas at Preview 2012, scheduled for 7 a.m. to 1 p.m. Thursday at the Cox Pavilion on the UNLV campus.

Caesars jumps 33 percent in first day of trading: Feb. 8, 2012; The Associated Press; Shares of casino operator Caesars Entertainment Corp. jumped 33 percent Wednesday in its first day of trading on the Nasdaq.

Law firm hits back against Las Vegas company: Feb. 8, 2012; By Steve Green; An international law firm is firing back at Verano Land Group LP, a Las Vegas firm that invested some $65 million in a San Antonio real estate development involving Texas A&M University.

Sneak peek: An inside look at McCarran's Terminal 3: Feb. 8, 2012; By Richard N. Velotta; When the doors open at McCarran International Airport’s $2.4 billion Terminal 3 on June 27, arriving passengers and locals leaving on international and long-haul domestic trips will see a 14-gate, half-mile-long building with plenty of flexibility. There’s still plenty of work to be done. Most of the electronic equipment hasn’t been placed, and contractors have begun work to finish the terminal’s retail areas and food outlets — which will be expanded gradually as terminal traffic grows.

Need videos of cute kittens while in the air? Here's where to go: Feb. 7, 2012; By Kyle B. Hansen; People flying in and out of Las Vegas through McCarran International Airport will soon be able to watch football and baseball games live on some Southwest flights, thanks to new partnerships from the airline's satellite Wi-Fi provider. But how accessible is Internet access and how much it costs on the other busy airlines at McCarran?

Spirit Airlines' Las Vegas crew base up and running: Feb. 7, 2012; By Richard N. Velotta; Spirit Airlines officially opened its Las Vegas crew base Tuesday, formally starting the process of making 200 of the company’s pilots, flight attendants and mechanics local residents.

Southwest Airlines preparing to offer football, baseball games via Wi-Fi: Feb. 7, 2012; By Richard N. Velotta; Southwest Airlines passengers may soon be able to watch baseball and football games while they fly.

Caesars sets share price at $9; IPO set for Wednesday: Feb. 7, 2012; Associated Press; Casino operator Caesars Entertainment Corp. has priced its initial public offering of 1.8 million shares at $9 apiece.

Hooters Las Vegas, creditor fight over $100 million 'deficiency': Feb. 7, 2012; By Steve Green; A bankruptcy judge is weighing whether Nevada’s new law on “deficiency judgments” will apply to the auction of the Hooters hotel-casino in Las Vegas. The Legislature last summer passed Assembly Bill 273 in what was billed as an effort to help homeowners losing their homes to foreclosure. With so many homeowners underwater in their mortgages, the Legislature limited deficiency judgments to help them.

Watch the video of motorist kicked by Henderson Police officer: Feb. 7, 2012; By Joe Schoenmann; A motorist who was pulled over after driving erratically and was methodically kicked in the head by a Henderson Police officer will receive a $158,000 settlement.