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Business

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

THE LATEST Business NEWS
Executive who helped CityCenter stay afloat leaves MGM Mirage

Gary Jacobs, one of the key MGM Mirage executives who helped resolve the company’s financial issues surrounding CityCenter and its corporate matters this year, has resigned from the casino operator.

Silver State Schools Credit Union CEO quits

Dave Rhamy, president and chief executive officer of Silver State Schools Credit Union for 10 years, resigned from the financially struggling institution, sources said Friday.

Boyd, state discuss Station bid

Boyd Gaming Corp. executives have been in contact with state casino regulators about its $2.45 billion offer for Station Casinos, the state’s top regulator said this week.

IN BRIEF

Beal Bank, City National take over other lenders

IN BRIEF

CARSON CITY

Vestin Mortgage faces lawsuit

A state judge in California is holding a trial this week in a class action lawsuit seeking damages for investors who lost money after Vestin Mortgage of Las Vegas converted two mortgage loan funds into publicly traded real estate investment trusts.

More condos! (But they’re not for sale)

John Morris doesn’t have to worry about buyers coming up with million-dollar financing to close escrow on 13 condominiums he’s building at Spring Mountain Motorsports Ranch and Club Spring Mountain in Pahrump.

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