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Business

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

Strip megaresort is keeping free parking for locals through spring

On the heels of a summer visitation slump caused by a myriad reasons, including macroeconomic concerns, negative perceptions around pricing and a significant decline in international travelers, Las Vegas casinos responded with an array of budget-friendly deals and offers.

THE LATEST Business NEWS
Bank of Nevada rating cut in half to one star

The rating for $3 billion-asset Bank of Nevada was cut in half in the second quarter and several smaller banks in Southern Nevada fared even worse, a new report from a bank evaluation service shows.

New homes back in play for Las Vegas buyers

While foreclosure sales continue to drag the median existing home price down in Las Vegas, the new home market is starting to show progress, housing analyst Dennis Smith of Home Builders Research said Wednesday.

IN BRIEF

Las Vegas getting three more Kohl’s stores

Gaming Board official offers ‘preventive’ tips

In the wake of several incidents that have led to the closings of some of the Strip’s racy nightclubs and topless pools, Gaming Control Board member Randall Sayre on Wednesday dispensed some “preventive medicine” that he said could save licensees some big money in the future.

Harrah’s buys Ohio racetrack

Harrah’s Entertainment’s continued willingness to spend tens of millions of dollars to pursue growth opportunities — even while the company is trying to work down the largest debt load in the casino industry — is getting some cautious nods of approvals from analysts and onlookers.

Atlantic City casinos attempt to avoid strike

ATLANTIC CITY — The contract between most of Atlantic City’s 11 casinos and the workers who keep them clean and stocked with food and drink expired Tuesday, but both sides plan to continue talks.

Nevada officials seeking big loans

CARSON CITY — State officials have applied for up to $264 million in federal loans to meet Nevada’s obligations for unemployment benefits through the end of the year.

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