Revenue records were shattered during November’s Formula One race. The live entertainment tax collection was between $30 million and $35 million, the LVCVA said.
Casinos & Gaming
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An expert in cybersecurity says it’s too early to speculate whether MGM Resorts International was the victim of hackers in a ransomware attack but there are numerous clues indicating it was.
The company that operates the Tropicana hotel-casino is working on two other big projects and waiting for a Major League Baseball relocation vote.
With millions of Instagram posts of Las Vegas casinos, including the most posted Bellagio fountains, the city’s resorts are getting a boost with little financial outlay.
The Las Vegas Convention and Visitors Authority board of directors on Tuesday unanimously approved the sale of 10 acres of Strip-front property to a Chilean resort and real estate developer for $120 million.
If the A’s ultimately move to Las Vegas, the team likely will need to draw from the millions of visitors who annually come to Las Vegas to assure the team’s financial success.
Sheldon Adelson, who died Monday at age 87, seized an opportunity in the late 1970s to capitalize on the then-fledgling personal computer industry.
Industry observers say pandemic rule inconsistencies result from a combination of failings, most of them involving casino guests who choose not to follow those rules.
The state’s largest private employer has released a health safety plan in preparation for reopening as the coronavirus pandemic subsides.
The Las Vegas Convention and Visitors Authority monitors the changing face of the Vegas visitor annually so that resorts can react to attract more people to the destination.
Financing bids to host big-ticket sporting events staged in Southern Nevada could be the biggest challenge ahead for a committee developing a report for state policymakers.
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