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Economic Development

Las Vegas bid for NHL franchise advances

Businessman Bill Foley's bid for a National Hockey League team in Las Vegas has reportedly moved to the next phase of consideration. The NHL will continue evaluating Foley's business plan for a franchise, which could potentially start playing at the new $375 million MGM Resorts International-AEG arena on the Strip by the 2017-18 season.

Aviation companies win major tax abatements

When lawmakers debated Assembly Bill 161 in this year’s legislative session, proponents said offering tax abatements to aviation companies would result in major investments in the state. Representatives of the Governor’s Office of Economic Development board got a taste of that Thursday in the first meeting at which aviation tax abatements were approved.