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Business

For Las Vegas business news covering casinos, energy, housing, entrepreneurs and more turn to the Las Vegas Review-Journal.

Three new perks added for Costco members

As a long-time Costco member, you learn pretty quickly that it’s actually cheaper to be a member than not be one, despite having to pay to shop at the warehouse club.

THE LATEST Business NEWS
Pinnacle to sell Boardwalk casino site, other assets

Regional casino operator Pinnacle Entertainment is putting its vacant 19-acre Atlantic City Boardwalk casino site on the market and may look at selling other nonrevenue-producing assets.

Cannapalooza canned amid controversy

An organizer for a marijuana-related convention in Las Vegas said he was “ambushed” when he called for a Jan. 27 meeting with law enforcement officers and Mandalay Bay officials to discuss security concerns for his March event.

Tough spot for some lenders

Nevada’s hard-money lenders, who use investor money to make development loans secured by real estate, now face a dilemma.

Penn National maintains interest in Strip property

Penn National Gaming officials spent a small portion of the company’s fourth-quarter earnings conference call Thursday giving analysts a tour of the Strip. But the regional casino and racetrack operator wasn’t willing to tip its hand on where it might land.

Slot casino at Aqueduct racetrack moving ahead; one bidder ‘mystified’

New York’s governor told reporters Wednesday that the consortium chosen to run a 4,500-game slot machine casino at the Aqueduct Race Track had agreed to all the state’s conditions, including the upfront payment of a $300 million licensing fee.

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