Eldorado Resorts agreed to sell the 400-room Montbleu Resort in Lake Tahoe, Nevada to Las Vegas-based Maverick Gaming.
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Investors welcomed Tuesday’s reprieve but weren’t pretending that this is the end to the market’s huge swings, which took the SP 500 on Monday to its worst day since the 2008 financial crisis.
Some vendors to Las Vegas’ convention sector are struggling to find work as conventions continue to alter or outright cancel plans amid the COVID-19 outbreak.
It was the highest number of January closings since 2008, when it was 881.
Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak.
Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy.
The average price of regular unleaded gasoline in Nevada Monday was $2.87 per gallon, down from $2.94 a month ago, according to AAA.
The seating layout for Garth Brooks’ Allegiant Stadium show on Ticketmaster’s website shows 21 sections on the stadium’s floor (including two handicap sections), added to the 148 sections offered around the stadium for the show set for Aug. 22.
Islands Fine Burgers Drinks at Canyon Pointe shopping center now is closing Wednesday, according to an employee at the restaurant.
The company said the fountains are part of a continued $150 million renovation project that includes updates to the property’s exterior and new restaurants.
With two confirmed COVID-19 cases in Clark County, Culinary Union Local 226 said it monitoring the virus and is asking casinos to meet and discuss the effects of the outbreak.
Amid ongoing concerns regarding travel and the new coronavirus outbreak, Las Vegas-based Allegiant Air sent an email to customers assuring them they’re taking necessary steps to keep them safe on board their planes.
A clash of the oil titans — Saudi Arabia and Russia — is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including those in the No. 1 producing country, the United States.
The staggering losses immediately raised fears that a recession might be on the way in the U.S. and that the record-breaking 11-year bull market on Wall Street may be coming to an abrupt end.
Asian stock markets plunged Monday after oil prices nosedived on worries the global economy, weakened by a virus outbreak, might be awash in too much crude.
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