IGT executive Phil O’Shaughnessy talks to Las Vegas Business Press reporter Buck Wargo about we can expect to see at G2E this week.
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The Hyperloop mode of transit was designed by Tesla CEO Elon Musk It has the potential to cut the travel time between Las Vegas and Los Angeles to about 30 minutes Cargo and passengers are slated to travel at over 700 mph “You take an autonomous vehicle pod, you put it inside a tube, you take the air out of a tube … then you use a linear motor … and passive maglev (magnetic levitation), and you put it in a horizontal line and it goes fast” — Nick Earle, Hyerploop One’s senior vice president of global field operations
Las Vegas’ growth of new-home sales might slow in coming months, a new report says. But 2017 should still be seen as a “very good year.” Home Builders Research says almost 5,800 new homes were sold in Clark County this year through August. That’s up 19 percent from the same period last year. The report says 2017 should be “remembered as a possible turning point” for the market. (Las Vegas Review-Journal)
A Las Vegas restaurant sharing the name of a 90-year-old Jewish deli opens this week. The new Canter’s Deli at Tivoli Village can produce 3,000 bagels a day. The menu includes pastrami, corned beef, a take on Canadian poutine and kosher soda. (Las Vegas Review-Journal)
A Salt Lake City firm has bought several Las Vegas apartment complexes. All told, Bridge Investment Group acquired eight complexes. The sale is valued at nearly $130 million deal. The information came from Charlotte Morse, director of investor relations and marketing for Bridge. (Las Vegas Review-Journal)
The purchase will eventually put Plated meal kits on Albertsons shelves. Plated will also have access to the Albertsons distribution network. (Las Vegas Review-Journal)
RedFlint will host third-party vendor courses that last between one and five days ranging between $1,000 and $3,000. (Nicole Raz/Las Vegas Review-Journal).
Here are upcoming conventions coming to the Las Vegas area. (Las Vegas Review-Journal)