The deal includes a sale-leaseback of The Strat and other casinos in Nevada.
Business
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Citing safety reasons during the federal government’s shutdown, the Federal Aviation Administration is seeking to reduce air traffic at 40 airports, and Reid made list.
The casino had converted the space to a high-limit slot area last summer, “while renovations on the casino floor were underway,” a company representative said.
The median sale price for a home in Southern Nevada in October was $474,370, down from a record high set earlier this year.
Airport officials may not know until today whether the FAA’s plan to reduce air traffic by 10 percent starting Friday morning will affect Harry Reid International Airport.
An airport parking garage will be built next to a cluster of large jet-fuel tanks under plans approved Wednesday.
While a former regulator says the shocking details of a gambling scandal involving organized crime shows local casinos are clean, other repercussions await the industry.
The Resort Corridor Court led to an increase in the number of orders banning criminal defendants from the Strip. It could be revived in a special session.
NV Energy has changed it rates as of Oct. 1, affecting all ratepayers in Southern Nevada.
Intermountain Health will acquire a Las Vegas-based radiology company to increase patient’s access to care.
After years of rising prices and mounting customer frustration, one of the largest Las Vegas casino operators is acknowledging that it may have pushed too far.
Construction crews broke ground on a housing tract that is being developed for residents of a historically Black neighborhood nearby that has grappled for decades with widespread structural damage.
The federal funds rate is the rate at which banks borrow and lend to one another. While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit cards, auto loans, mortgages, and other financial products.
MGM Resorts International reported mixed results in the third quarter, with Las Vegas operations showing softer summer performance and executives touting a recovery ahead.
Ferraro’s Ristorante’s lawsuit against various entities tied to the 2023 Las Vegas Grand Prix has been dismissed after a settlement was reached out of court, according to the off-Strip restaurant’s owner.
A man is suing an MGM Resorts International property after being “violently thrown to the ground,” resulting in head trauma, in an attempt to remove him from the premises.
Partnered Content
While financial analysts brace for the looming $84 trillion “Great Wealth Transfer,” a far more immediate and entertaining economic story is already in full swing. America’s Baby Boomers (born 1946 to 1964) are the wealthiest generation in history, and they aren’t just sitting on their nest eggs waiting for the will to be read. Nope, they’re cracking them open and making a spectacular omelet.
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The Smith’s Marketplace — an expanded department store version of the traditional grocery store — will occupy just under 130,000 square feet.
Las Vegans will have new options to fly to several new cities in the West and Midwest starting in 2026.
This expansive, mid-century modern Las Vegas home is owned by one of the biggest and best partiers in the country.
Zumper’s latest National Rent Report has rents either flat or falling in the valley for the past four months ending in October.
