Redfin says rents are on an upward trend in Las Vegas, while the National Association of Realtors says home prices hit a new record high in May.
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New York Mets owner Steve Cohen has purchased a 5.5 percent stake into Sphere Entertainment, the parent company of Sphere in Las Vegas.
The production facility in North Las Vegas will play a role in the Brightline West high-speed rail project between Southern Nevada and Southern California.
Amid the oil embargo, President Richard Nixon asked for stringent energy conservation measures, and Nevada Gov. Mike O’Callaghan asked the resort industry to cut back on power usage.
The mid-Strip resort closes its hotel on July 14. The whole property closes three days later.
The Las Vegas Strip had the second-worst percentage decline among 19 statewide markets monitored by the Nevada Gaming Control Board, with win down 39.2 percent.
With new towers opening and the city’s first from-the-ground-up resort since 2016, downtown Las Vegas has been on a roll for months, and that includes higher gaming win.
Results for Las Vegas-centric publicly traded gaming companies were brutal in the quarter ending June 30, but analysts expect revenue to rebound in the third quarter.
The sister property to Sahara Las Vegas, also operated by The Meruelo Group, was the sixth casino property to be named in a complaint involving health and safety matters.
In the month that casinos and resorts were allowed to reopen, leisure visitors arrived, but there were still 70.5 percent fewer of them than in June 2019, the LVCVA said.
Gaming regulators noted a gathering in excess of 50 people and a lack of social distancing enforcement at slot machines and table games in the complaint signed Monday.
Casinos in Las Vegas were closed most of the second quarter, Encore Boston Harbor was shuttered the entire quarter, while Macao endured stifling border closures.
The company has beefed up its liquidity to prepare for the difficult environment presented by the coronavirus pandemic.
“Las Vegas, especially our company but really the whole city, is dependent on group, convention and banquet segments’ return. I see nothing that indicates that 2020 will return at all,” Sands Chief Operating Officer Rob Goldstein said.
Saying 22 union members and their families have died of COVID-19 and 352 are hospitalized, Culinary leaders are asking Gov. Sisolak, the Legislature and casinos to do more for them.
It was just a few years ago when the global economy was rocked, the domestic stock market was cratering, and concerns about local home prices emerged. More recently, economic conditions have been strong, stock values reached all-time highs, and the price of a typical home approached its previous high-water mark. Economies tend to work in […]
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The woman was a guest at Paris hotel-casino when her Range Rover was stolen. She claims gross negligence against the company.
Now that special events and live broadcasts are in the mix, it’s a whole new ballgame for Sphere.
A new study shows that visitation is increasing and those who arrive have higher median incomes than in past years. Many of those affluent visitors are staying.
Jerry Lewis bought the Scotch 80s home in 1982 as his primary residence until his death in August 2017.