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Southern Nevadans fare well on list of America’s richest people

Southern Nevada’s casino industry is well-represented on this year’s Forbes 400, a list of America’s richest people, with Las Vegas Sands Chairman and CEO Sheldon Adelson holding the top position from Nevada — No. 14 in the U.S. — with a net worth of $31.8 billion.

Majestic Realty bows out of Las Vegas stadium development team

Majestic Realty, one of the partners that has been developing plans for a $1.9 billion, 65,000-seat domed football stadium that could house the Oakland Raiders, has removed itself from the development team.

Sandoval reverses course, special session won’t address budget shortfall

Gov. Brian Sandoval abruptly abandoned plans Thursday to seek an even larger tax increase in an upcoming special session of the Legislature to plug a projected budget hole as conservative Republicans dug in their heels for a school choice program.

Nevada gaming board refers proposal on money laundering to staff

The state Gaming Control Board will refer a proposal to strengthen money-laundering regulations for Nevada sports books to its staff to determine if it would create additional burdens on its tax and audit divisions.

Switch applies for wholesale electricity for Northern Nevada project

The data storage company Switch has filed what is commonly called an “exit” application with state regulators so it can obtain wholesale electricity for its Northern Nevada Tahoe-Reno SUPERNAP project.