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Construction hums on $375 million Strip arena

Rolling excavation machines have dug a shallow, oval-shaped hole of four feet or so on the 14.5-acre construction site to make way for the $375 million arena being built by the partnership of MGM Resorts and Anschutz Entertainment Group.

Strip land deal revives hope of more transactions

This month’s sale of the former New Frontier site — once home of the Strip’s most expensive piece of real estate —is giving market speculators new hope that resort corridor land transactions could again become active.

BofA reaches $17 billion settlement with U.S.

WASHINGTON — Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

Rooftop-solar advocates lobby against possible higher rate class

Rooftop solar advocates argued against any move to create a separate and potentially higher rate class for customers who use the systems to lower their power bills at a workshop Wednesday before the Nevada Public Utilities Commission.

Pleasure of painting, wine tasting converge at Pinot’s Palette

First-time business owners Reed and Judy Alewel aren’t taking any shortcuts as they prepare to open Pinot’s Palette, a paint and sip studio, on Thursday at The District at Green Valley Ranch.

Finding the perfect investment

Wouldn’t it be nice to find the perfect investment? As Financial Professionals, people turn to us to help them find the “real deal.” The truth is – we are still looking for it.

Caesars works to upgrade balance sheet, but analysts unimpressed

A leading gaming executive was asked on background a few months ago if he understood Caesars Entertainment Corp.’s financial maneuverings to restructure the casino company’s $24.2 billion in long-term debt. He just smiled.

Scientific Games-Bally deal gets federal antitrust OK

Federal antitrust regulators signed off on Scientific Games Corp.’s $5.1 billion acquisition of the Bally Technologies, the two gaming companies announced Wednesday.