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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
License backed for Aria

Gaming regulators on Friday granted preliminary licensing approval for the only casino component inside the $8.5 billion CityCenter project and suggested the revenue mix might be sharply different from the traditional gaming-driven environment.

Stratosphere parent trims quarterly loss

The parent company of the Stratosphere trimmed its loss for the second straight quarter due to a successful debt retirement, and occupancy at the property continues to top 90 percent.

IN BRIEF

SAN DIEGO

Holiday Inn relaunches brand with new LV hotel

Holiday Inn is relaunching its signature brand in Las Vegas with a $35 million, 129-room hotel scheduled to open before Thanksgiving near Flamingo Road and Swenson Street.

Credit union changes hands

EDS Credit Union, a large Texas institution, on Friday took over insolvent Ensign Federal Credit Union, which served 7,900 members of The Church of Jesus Christ of Latter-day Saints.

IN BRIEF

Cannery Casino Resorts has debt downgraded by Moody’s

Health care trade show looks West, settles on Las Vegas

A major health care trade group will move its annual meeting from Chicago to Las Vegas in 2012, a decision that underlines emerging signs of improving trade-show business here.

Boyd accused of trying to control case

Station Casinos has accused Boyd Gaming Corp. of “attempting to improperly manipulate the bankruptcy process” in an effort to “pick off and dismantle its chief competitor’s assets.”

WSOP’s Pollack resigns top post

World Series of Poker Commissioner Jeffrey Pollack resigned his role with the tournament just three days after concluding its second-most lucrative competition in the event’s 40-year history.

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