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July 22, 2014

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Business and Economy

Approximate location of The Three Kids Mine Area, which the city has renamed Lakemoor Canyon. Lakemoor was the site of manganese mining during Henderson's formative years, providing the base mineral that drove magnesium production at the manufacturing plants that spawned the city.
Congress clears Henderson to buy, clean up toxic mine site
July 10, 2014
An abandoned mine outside Henderson could go from toxic eyesore to residential high-rises after Congress approved the sale more than 900 acres of federal land to the city of Henderson. The Senate approved legislation Wednesday...
Southwest Gas Corp. has bought the bulk of its Las Vegas corporate campus, as seen July 9, 2014, for $16.5 million cash from its Boston-area landlord.
Southwest Gas buys its headquarters, bids farewell to rent payments
July 10, 2014
Southwest Gas has been renting the majority of its corporate headquarters in Las Vegas for more than three decades. But with a $16.5 million cash purchase, the utility ...
Former Vice President Al Gore speaks at the International CTIA Wireless show in Las Vegas. Gore says government investment in green infrastructure projects, including creation of a "smart," energy efficient electricity grid, will create jobs and help address the threat of climate change.
Climate change skeptics: Global warming exists, but we didn’t cause it
July 10, 2014
To anyone who believes that human-caused global warming is seriously damaging the planet, Mandalay Bay was an alternate universe this week. There, at the ninth International Conference on Climate Change...
The Crazy Horse Too strip club on Industrial Road is shown in September 2007.
Former Crazy Horse Too owner Rick Rizzolo indicted on federal tax charges
July 9, 2014
A federal grand jury today indicted former Las Vegas strip club owner Rick Rizzolo on charges he attempted to evade more than $2.5 million in taxes. The two-count indictment charges Rizzolo with …
The Crazy Horse Too strip club on Industrial Road is shown in September 2007.
Former Crazy Horse Too owner Rick Rizzolo facing new federal tax charges
July 9, 2014
A federal grand jury today indicted former Las Vegas strip club owner Rick Rizzolo on charges he attempted to evade more than $2.5 million in taxes. The two-count indictment charges Rizzolo, former owner of the Crazy Horse Too strip club, with …
"The Hangover" actors, from left, Zach Galifianakis, Bradley Cooper, Ed Helms and Justin Bartha, appear in a scene at Caesars Palace's reception area.
Las Vegas is placing its bets on Hollywood
July 9, 2014
http://touch.latimes.com/#section/-1/article/p2p-80752235/
David Siegel, founder and CEO of Westgate Resorts, talks with media before being hoisted more than 200 feet to remove the LVH letters off his newly purchased property Tuesday, July 1, 2014, in Las Vegas.
Westgate Las Vegas owner David Siegel: ‘I like the odds here — we know what we can do out here’
July 9, 2014
Timeshare titan David Siegel says, “We’ve been out here in Las Vegas with our properties about 10 years now, and I haven’t put a quarter in a slot machine. I don’t think this is a gamble. Everything in life is a gamble. It’s a very good calculated business risk.”
Gas prices spike in Las Vegas but expected to stabilize
July 8, 2014
With the onset of summer, Nevada is subject to rising numbers on the thermometer and at the gas pump. Nevadans are paying 9 cents more for gas compared to...
Pierre Gagnaire and Rino Armeni.
Rino Armeni: Las Vegas Business Academy is building a foundation for future leaders
July 8, 2014
Three years ago, I founded Las Vegas Business Academy with the purpose of creating a foundation of exceptional business leaders who will continue carrying this torch of innovation and drive Las Vegas to new heights when they are called upon to do so.
Fafie Moore, left, a Realty Executives owner/broker, and realtor Helen Riley look over a home being offered for sale in Henderson April 8, 2013.
Investor impact wanes as Las Vegas home prices climb again
July 8, 2014
Las Vegas home prices continue to rise as investors, lured here by the recession’s bargains, keep backing out. The median sales price of previously owned single-family homes ...
The neon sign at Silver Sevens Hotel & Casino is ceremonially lit in Las Vegas on Monday, July 1, 2013. Silver Sevens Hotel & Casino was formerly known as Terrible's Hotel and Casino.
Casino operator Affinity Gaming warns of default on part of debt
July 7, 2014
A casino operator with 11 properties in Nevada, Colorado, Missouri and Iowa is warning investors that it expects to default on a portion of nearly $383 million in long-term debt but …
A photo of the River Palms Resort & Casino in Laughlin.
Dotty’s company buys River Palms casino in Laughlin for $6.75M
July 7, 2014
The owners of the Dotty's tavern chain are buying the River Palms casino in Laughlin for $6.75 million in cash. Tropicana Entertainment announced last week that it plans to...
Sliders at Distill.
Michael Mina swaps fish fare for Parisian theme; Cheffini’s opens shop downtown
July 7, 2014
American Fish closes as the owner promises a new concept to replace it. Cheffini's opens a downtown shop and Grass Roots Juice Bar debuts within the John E. Carson building ...
Michael Kagan is co-director of the Immigration Clinic at UNLV. The portraits behind him are of refugees he has encountered.
Many lawyers for many laws
July 6, 2014
More than 250 sub-areas of practice are covered among 70 core areas of law, so picking the right legal specialty can come down to an attorney’s personal interests ...
The Notes: Vegas business in review July 6-12
July 6, 2014
In the Notes: Grass Roots juice bar, Towbin Dodge, MGM Resorts International, Association of Gaming Equipment Manufacturers, OneClick Cleaners and more ...

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