LVCVA hat might be good fit for economic development chief

Updated September 24, 2017 - 9:33 pm

Everyone knew developing a stadium for an NFL team was going to be a wild ride, but few saw the twists and turns that came last week from Republican Assembly Leader Paul Anderson and Governor’s Office of Economic Development Director Steve Hill.

Anderson announced his resignation from the Nevada Assembly after being hired by Hill as a deputy director of GOED.

Meanwhile, Hill and the Las Vegas Convention and Visitors Authority confirmed that he is a candidate for an executive position with the LVCVA and would work alongside President and CEO Rossi Ralenkotter until he decides to leave.

Nothing is definite until the 14-member LVCVA board approves it. But anyone who has watched that board in action knows that once a head of steam is established by the gaming and business representation on the board, there’s little desire from the elected officials on the board to derail the train.

We might know as early as the LVCVA’s next board meeting Oct. 10 when Hill could trade his GOED hat for an LVCVA model.

As clumsy as the revelation of Hill vying for an LVCVA position was last week, there’s merit in having him there.

When Gov. Brian Sandoval saw economic development as a solution to digging out from under the recession — and attempting to prevent an economic downturn from affecting Nevada as severely again — he formed GOED. His first and only director was Hill, who worked with regionally based organizations such as Las Vegas Global Economic Alliance to entice companies to develop a presence in Nevada.

Some worked (the Tesla gigafactory) and others didn’t (Faraday Future). But Hill and his colleagues crafted agreements that prevented Nevada from giving anything away until the new arrival delivered.

When the Southern Nevada Tourism Infrastructure Committee — chaired by Hill — determined that a stadium could be an economic driver, Hill was on board.

Ralenkotter and the LVCVA concurred that a modern stadium could host events too big for Las Vegas’ current venue sites. To Hill, building a stadium was always an economic development play for more jobs and increasing the tax base to generate more revenue for some of the things Nevada needs, like education and health care. Putting aside $750 million for education or health care would be good, but wouldn’t it be better to have hundreds of millions of dollars coming in annually through taxes paid by tourists, new businesses and new employees making Southern Nevada their home?

Then the Raiders entered the picture.

After the Tourism Infrastructure Committee recommended the Senate Bill 1 legislation providing financing for the stadium and an expansion and renovation of the Las Vegas Convention Center, Hill was tapped to head the Las Vegas Stadium Authority.

Hill has guided the stadium process with a good sense of humor despite how complex the process is.

With an LVCVA post potentially on his plate, there were concerns that Hill would have to give up the Stadium Authority chairmanship.

He says he won’t.

And, as a leader of the organization that markets the Las Vegas destination, he will be able to help guide strategies that will keep that building full, hopefully beyond the 45 annual events projected for the venue.

That LVCVA hat just may be a good fit.

Contact Richard N. Velotta at or 702-477-3893. Follow @RickVelotta on Twitter.

Bellagio, MGM Resorts International’s luxury hotel turns 20
The more than 3,000-room Bellagio hotel is situated on the site of the former Dunes Hotel. The Dunes was imploded in 1993, and construction of the Bellagio started in 1996. It cost $1.6 billion to build, making it the most expensive hotel in the world at the time. The Bellagio was former Wynn Resorts Ltd. Chairman and CEO Steve Wynn’s second major casino on the Strip after The Mirage. MGM Resorts International acquired the property from Steve Wynn in 2000. (Tara Mack/Las Vegas Review-Journal)
Facial recognition software at G2E – Todd Prince
Shing Tao, CEO of Las Vegas-based Remark Holdings, talks about his facial recognition product. (Todd Prince/Las Vegas Review-Journal)
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Bobby Baldwin to leave MGM
MGM Resorts International executive and professional poker player Bobby Baldwin is set to leave MGM.
Caesars has new armed emergency response teams
Caesars Entertainment Corp. has created armed emergency response teams. They are composed of former military and law enforcement officials. "These teams provide valuable additional security capabilities,” Caesars spokeswoman Jennifer Forkish said. Caesars is hiring Security Saturation Team supervisors, managers and officers, according to LinkedIn. The company did not say how many people it plans to hire for the units. (Las Vegas Review-Journal)
Las Vegas, airlines prepare for CES
CES in January is expected to attract more than 180,000 attendees. (Las Vegas Review-Journal)
AGS partners with Vegas Golden Knights
AGS is the nation’s second-largest manufacturer of Class II slot machines used primarily in tribal jurisdictions. It announced a marketing partnership with the Vegas Golden Knights NHL team. (Las Vegas Review-Journal)
Lehman Brothers bet big on Las Vegas
Lehman Brothers collapsed 10 years ago, helping send the country into the Great Recession.
Fremont9 opens downtown
Fremont9 apartment complex has opened in downtown Las Vegas. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Ross & Snow launches in Las Vegas
Luxury shoe brand Ross & Snow has opened in Las Vegas, featuring "functional luxury" with premium shearling footwear. (Bailey Schulz/Las Vegas Review-Journal)
Remote Identification and Drones
DJI vice president of policy and public affairs discusses using remote identification on drones. (Bailey Schulz/Las Vegas Review-Journal)
Drones and public safety in Nevada
Two representatives in the drone industry discuss UAV's impact on public safety. (Bailey Schulz/Las Vegas Review-Journal)
Frontier Airlines to launch flights from Las Vegas to Mexico
Frontier, a Denver-based ultra-low-cost carrier, will become the first airline in more than a decade to offer international service to Canada and Mexico from Las Vegas when flights to Cancun and Los Cabos begin Dec. 15. (Rick Velotta/Las Vegas Review-Journal)
MGM Resorts International CEO Jim Murren addresses Oct. 1 lawsuits
MGM Resorts International Chairman and CEO Jim Murren addresses criticism his company has received for filing a lawsuit against the survivors of the Oct. 1 shooting. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International opens the doors on MGM Springfield
Massachusetts’ first hotel-casino opens in downtown Springfield. The $960 million MGM Springfield has 252 rooms and 125,000-square-feet of casino. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International prepares to open MGM Springfield
Las Vegas-based MGM Resorts International gave news media and invited guests a preview of the $960 million MGM Springfield casino in Massachusetts. The commonwealth's first resort casino will open Friday, Aug. 24. (K.M. Cannon/Las Vegas Review-Journal)
A Walk Through Circus Circus
It only takes a short walk through Circus Circus to realize it attracts a demographic like no other casino on the Strip: families with young children. (Todd Prince/Las Vegas Review-Journal)
Morphy Auctions, a vintage slot machines seller, wants gaming license
Vice president Don Grimmer talks about Morphy Auctions at the company's warehouse located at 4520 Arville Street in Las Vegas on Thursday, Aug. 16, 2018. (Rick Velotta/Las Vegas Review-Journal)
Nevada's venture capital money doesn't stay in state
Zach Miles, associate vice president for economic development for UNLV, said there’s venture money in Southern Nevada, “but trying to find the right groups to tap into for that money is different.” According to a 2017 report from the Kauffman Foundation, Las Vegas ranked number 34 out of 40 metropolitan areas for growth entrepreneurship, a metric of how much startups grow. With a lack of growing startups in Las Vegas, investment money is being sent outside of state borders. The southwest region of the U.S. received $386 million in funding in the second quarter, with about $25.2 million in Nevada. The San Francisco area alone received about $5.6 billion. (source: CB Insights)
Neon wraps can light up the night for advertising
Vinyl wrap company 5150 Wraps talks about neon wraps, a new technology that the company believes can boost advertising at night. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Nevada on the forefront of drone safety
Dr. Chris Walach, senior director of Nevada Institute for Autonomous Systems, talks to a reporter at NIAS's new Nevada Drone Center for Excellence of Public Safety, located inside the Switch Innevation Center in Las Vegas. K.M. Cannon Las Vegas Review-Journal @KMCannonPhoto
News Headlines
Add Event
Home Front Page Footer Listing
You May Like

You May Like