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August 20, 2014

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Business and Economy

The Fourth of July from atop Allure Las Vegas on Friday, July 4, 2014, in Las Vegas. The top of the Stratosphere is pictured here.
Stratosphere revenue up thanks to hotel increases
Aug. 13, 2014
American Casino & Entertainment, the Las Vegas company that owns the Stratosphere, Arizona Charlie’s and the Aquarius in Laughlin, announced its second quarter earnings today.
This Wednesday July 23, 2014, photograph shows casinos along the Atlantic City, N.J. boardwalk, from left, the Trump Taj Mahal Casino, with its Chairman Tower, the Showboat Casino Hotel, and the Revel Casino Hotel.
Atlantic City’s Revel casino still talking with potential bidders
Aug. 13, 2014
A day after announcing it will shut down next month, Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers. In a notice adjourning an auction of Revel thatt for Thursday, its lawyers say they are engaged in "ongoing negotiations" with...
A Bell Transportation limousine driver talks to passengers after picking them up at McCarran International Airport on Thursday, Dec. 3, 2009.
Catch a ride in Las Vegas with new smartphone app
Aug. 13, 2014
Starting today, hailing a limousine or town car in Las Vegas is as easy as hitting a button on your smartphone. The new Ride Genie app from locally-based Integrity Vehicle Solutions Co. is the first ...
Switch, a high-tech company that started 11 years ago in Las Vegas, now houses digital data for a number of Fortune 500 companies and the U.S. government in its expansive facilities.
Valley data center is among most secure in the world
Aug. 13, 2014
The hulking Switch SuperNAP 8 data storage facility in Enterprise may not look like much, but the data fortress keeps the servers of Fortune 500 companies such as eBay and Fox Broadcasting Network running around the clock. It takes a lot to ward off the mechanical and human error that routinely threaten servers’ operations, but the SuperNAP 8's system is among the most elaborate and secure in the world. Last week, the facility earned Tier IV Gold certification for Operational Sustainability, the top certification level available in the data storage industry.
Viva Veracruz, a music and dance show debuting Aug. 11, 2014, at Planet Hollywood, is an exploration of the culture and folklore of Veracruz, a state on Mexico's Gulf Coast. The show was funded by the state government of Veracruz.
What a trip: New show in Las Vegas melds entertainment with tourism promo
Aug. 13, 2014
The Mexican state of Veracruz has taken a new approach to marketing itself to tourists: It's launched a Las Vegas Strip show that features ...
Tourists pass by construction at the northeast corner of Sahara Avenue and Las Vegas Boulevard South on Thursday, Aug. 7, 2014. A Walgreens will occupy about half of the first floor. Wilger Enterprises is the general contractor on the project.
Long-abandoned corner of Las Vegas Boulevard and Sahara getting Walgreens
Aug. 13, 2014
It's paving over some colorful history, but a retail plaza with Walgreens is under construction on the north Strip and poised to bring more business to the struggling area. Sorenson Group Management broke ground this spring on a roughly 40,300-square-foot retail center at the northeast corner of Las Vegas Boulevard and Sahara Avenue. Walgreen Co. plans to open next spring, spokesman Phil Caruso said. The site was home to ...
The login screen of the CG Technology's sports-betting app is displayed on an iPad.
CG Technology’s sports-betting app gets an upgrade
Aug. 12, 2014
CG Technology already gets most of its wagers from a mobile sports betting application, and it hopes a new version will bring in ...
An exterior view of the Red Rock Resort in Summerlin Wednesday, July 30, 2014.
Station Casinos earnings rise dramatically
Aug. 12, 2014
Station Casinos, a Las Vegas locals-oriented gaming company whose properties include Green Valley Ranch and Red Rock Resort, announced its second-quarter earnings today.
This Friday, Aug. 1, 2014, photo shows the Tahoe Reno Industrial Center in Sparks.
Governor: No special session planned to consider Tesla plant incentives
Aug. 12, 2014
Gov. Brian Sandoval said today he has no plans call a special session of the Legislature to consider millions of dollars worth of incentives to help lure a Tesla battery plant to Northern Nevada. Sandoval said no one has...
Jen McCabe, McCabe sees 3-D printing as a wide-open frontier and wants to bring the new technology to everyday Las Vegans.
Downtown tech manufacturing startup ceases operations
Aug. 12, 2014
A Downtown Project-backed company aimed at creating a mini consumer electronics manufacturing hub in downtown Las Vegas has been shuttered before ...
The Revel casino is seen Thursday, Feb. 14, 2013, in Atlantic City.
Atlantic City’s Revel Casino to close in September
Aug. 12, 2014
Atlantic City’s newest casino is shutting its doors just over two years after opening amid high hopes of turning around the the crumbling seaside resort’s ...
An Allegiant Air jet makes its approach to McCarran International Airport Thursday, May 15, 2014.
Las Vegas-based Allegiant taking on debt to bolster plane fleet
Aug. 12, 2014
Allegiant Air, the discount carrier fliers love to hate, is on a borrowing binge. Las Vegas’ hometown airline, which historically hasn’t carried a lot of debt, in recent months sold ...
Sen. Dean Heller laughs with reporters Monday, Aug. 11, 2014, after meeting with a transportation roundtable sponsored by the Association of General Contractors at Granite Construction in Sparks. Among other things, he discussed efforts to lure Tesla Motors' $5 billion lithium batter plant to Nevada.
Heller: Margins tax would undermine Tesla bid
Aug. 11, 2014
U.S. Sen. Dean Heller warned Monday that a proposal to fund education by taxing corporations would undermine efforts to persuade Tesla Motors to build a $5 billion battery plant in ...
A man plays an "Avatar"-themed video slot machine by International Game Technology (IGT) during the G2E convention at the Sands Expo Center Tuesday, Sept. 24, 2013.
Gtech-IGT buyout passes initial regulatory hurdle
Aug. 11, 2014
Italian lottery operator Gtech and Nevada-based International Game Technology say they've cleared one regulatory hurdle in a multi-billion-dollar buyout that ...
An undated aerial view of the Foxwoods Resort Casino on the Mashantucket Pequot Indian Reservation in Ledyard, Conn.
Las Vegas gambler, 2 others suing Foxwoods casino for $3 million
Aug. 11, 2014
Three gamblers have filed a lawsuit against Foxwoods Resort Casino alleging the eastern Connecticut casino failed to pay them more than $1.1 million that they won in a table game in 2011 and didn't ...

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