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THE LATEST Business NEWS
IN BRIEF

Talk will address housing, foreclosure

Rural tourism industry to share survival tips

FALLON — Leaders of Nevada’s rural tourism industry are gathering at a conference this week to share ideas about ways to survive the sour economy, including sustaining special events and utilizing American Indian history to lure visitors to their towns.

Analyst favors regional casinos

NEW YORK — Regional casino operators may have better-than-expected first-quarter earnings on continued cost control efforts, a Goldman Sachs analyst said Monday as she raised price targets on some of the stocks.

Critics question Gibbons’ choices for gaming commission

When the two newest members of the Nevada Gaming Commission take their seats, four of the five members will be attorneys — which is seemingly contrary to language in the statute that covers eligibility and qualifications of the regulatory panel’s makeup.

Former Southwest Exchange official draws indictment

The Nevada attorney general and secretary of state on Monday announced the first of what could be multiple defendants in failed Southwest Exchange, a Henderson financial firm accused of cheating 119 individuals out of $97 million.

Condo owner feels thwarted by covenants

Skip Jourdan bought a three-bedroom condo at Mar-A-Lago in northwest Las Vegas for $194,000 in 2006 for his daughter to live in while she was attending college. When his daughter transferred to a college in the East, Jourdan decided he’d be better off renting the unit than selling it for around $85,000, its value today. … But the codes, covenants and restrictions stipulate that anyone who bought at Mar-A-Lago in 2006 or later isn’t allowed to rent. Jourdan has to evict his renters and is now forced to pay $1,500 a month for empty space or sell it as a short sale.

‘Green jobs’ bill clears hurdle

CARSON CITY — A “green jobs” initiative sought by Senate Majority Leader Steven Horsford, D-Las Vegas, moved Monday to the full Nevada Senate following approval of amendments by a key legislative committee.

BALLY’S CLOSES SPORTS BOOK THROUGH SEPTEMBER

Bally’s has shuttered its race and sports book in a closure that will last through September, property officials said today.



Guests visiting the 285-seat sports book are being directed to the sports book inside the neighboring Paris Las Vegas resort, said Bally’s spokeswoman Deanna Pettit. Harrah’s Entertainment owns both properties.

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