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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
IN BRIEF

NEW YORK

Vestin Group says two-thirds of borrowers late on payments

Vestin Group’s two real estate investment trusts, which make short-term loans secured by real estate, have disclosed that borrowers are late in making interest payments on more than two-thirds of their total loans, surprising industry professionals already reeling from Southern Nevada’s credit crunch.

Whoa, how we owe

If the number of foreclosures and bankruptcy filings didn’t tell you Nevada’s consumers stand on shaky financial ground, perhaps a new study will convince you of the fiscal peril visiting a legion of locals.

INSIDE BUSINESS

Dollar Tree opens shop on Maryland Parkway

Tropicana tower to reopen after E. coli discovery

The Tropicana’s Island Tower, which the company voluntarily closed Monday after traces of a potentially dangerous bacteria were found in well water used by hotel customers, should reopen later today, the Strip hotel-casino said Wednesday.

IN BRIEF

Station Casinos to take applications for Aliante

Solar plant site ban lifted

Two days after Sen. Harry Reid, D-Nev., promised the government would end its moratorium on applications for solar power sites, the Bureau of Land Management did just that.

Negreanu shines beyond table

Cornering poker standout Daniel Negreanu for an interview is kind of like fishing with your bare hands.

INSIDE BUSINESS

Real estate company names staff positions

Land-value raise may lift Lady Luck

City-owned land that developers want to buy in conjunction with a revival of the downtown Lady Luck casino could fetch twice as much money as originally thought — although critics of the plan say the city could get even more.

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