48°F
weather icon Mostly Cloudy

Business

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

THE LATEST Business NEWS
Decision on special session will wait

CARSON CITY — Gov. Jim Gibbons said Tuesday he won’t decide before late December or January whether to call the Legislature into a special session to deal with about a $60 million shortfall in tax revenue during the July through September quarter.

Gaming officials will eye Dubai

State gaming regulators, who licensed Dubai World last month to share in revenue from the soon-to-open Aria’s casino, are closely watching the financial maneuverers of the Persian Gulf emirate’s investment arm as it deals with a potential default of some $60 billion in debt.

Sales continue slump

A 16.5 percent drop in September taxable sales doesn’t look much prettier for the Southern Nevada economy than a month earlier.

Las Vegas Sun publisher lays off at least 20

The Greenspun Media Group, publisher of the Las Vegas Sun, on Tuesday laid off at least 20 employees as part of a major restructuring to consolidate its print and interactive operations.

IN BRIEF

Planet Hollywood boss to become Tropicana president

Audit shows better year for McCarran

McCarran International Airport lowered operating expenses to $253.3 million in the fiscal year ended June 30 while raising operating revenues to $379.2 million, according to an independent audit report presented Tuesday to the Clark County Commission.

Northern Nevada tourism agency makes cuts

RENO — The principal agency promoting tourism in the Reno-Sparks area said Tuesday that it was being forced to make more budget cuts and layoffs due to declines in revenue from hotel room taxes.

Las Vegas Average Gas Prices
Regular
Diesel
Source: AAA
MOST READ
LISTEN TO THE TOP FIVE HERE