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Business

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

Will Las Vegas Valley home prices drop in 2026?

While the residential real estate market continues to recover from the wake of the pandemic, Las Vegas will not see a recovery in home sales or price growth compared to most other major metro regions in the country.

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MIGHTY GOOD: Evenings of men punching each other in the face in an octagonal space has become one of the area’s top business ventures and tourist drivers, a new study shows. The Ultimate Fighting Championship generated $86.2 million in nongaming revenue for six events between Feb. 2, 2008, and Jan. 31.

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NORTH LAS VEGAS CHAMBER

Obama, the greens and Big Oil

When he was running for president as a candidate for change, Barack Obama said: “Our energy problem has become an energy crisis because no matter how well-intentioned the promise — no matter how bold the proposal — they all fall victim to the same Washington politics that has only become more divided and dishonest; more beholden to the powerful interests that have the biggest stake in the status quo.”

CMKM Diamond fraud case yields $55 million judgment

The federal government won a judgment against a key defendant in the CMKM Diamond stock fraud case for $55 million, but a source close to the case said the defendant’s whereabouts is unknown.

IN BRIEF

Genting Singapore opening on track

Taxable sales sink 18 percent

Nevada’s streak of double-digit drops in taxable sales continues, according to a Friday report from the Nevada Department of Taxation.

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