The Las Vegas Convention and Visitors Authority Board sent CEO Rossi Ralenkotter into retirement Tuesday with a roaring applause, video tribute and $455,000 financial package.
Tourism
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Las Vegas tourism CEO Rossi Ralenkotter did not report nearly 200 hours of paid time off that he took while traveling on personal business using taxpayer-funded gift cards, records show.
Attorneys for the Las Vegas Convention and Visitors Authority board have agreed to sweeten a pending deal for CEO Rossi Ralenkotter by upping his post-retirement consulting contract to $270,000 amid a police investigation of the agency.
While some casino companies were speculating about their earnings power as sports wagering unfolds nationwide and others were remarking about their chances of winning a gaming concession in Japan, the top executive of MGM Resorts International was frustrated.
Industry observers are anxious to find out if Wynn’s moves have been enough to dodge potential regulatory bullets and whether MGM’s garnered enough public support.
With a looming public vote on a retirement package for Las Vegas Convention and Visitors Authority CEO Rossi Ralenkotter, a key board member said Friday he wants more details about the police investigation into the mishandling of $90,000 in Southwest Airlines gift cards.
The Las Vegas Convention and Visitors Authority Board on Tuesday will consider a lucrative retirement package and 18-month consulting contract for CEO Rossi Ralenkotter after being informed that police so far have not found any evidence of wrongdoing by him in their criminal investigation of the agency.
Boulder City residents are fairly confident the city that built Hoover Dam will not become a ghost town when the Interstate 11 bypass opens this week.
Wynn Resorts Ltd. shares were among the pack of casino companies that fell Wednesday, even though revenue and earnings improved in the company’s secondquarter.
Red Rock Resorts rode the white-hot Las Vegas economy to healthy second-quarter results despite a major presence of construction workers in and around Palace Station and Palms.
Nevada gaming win continued its upward trend with a 4.2 percent increase to $933 million in June, the state Gaming Control Board reported Tuesday.
A Nevada assemblyman has joined those opposing a lucrative retirement buyout for embattled Las Vegas Convention and Visitors Authority CEO Rossi Ralenkotter, calling it a public “shakedown.”
Some carry-on bags at McCarran International Airport will be scanned with the same technology used by hospitals for medical images, the Transportation Security Administration said Monday.
Las Vegas Convention and Visitors Authority CEO Rossi Ralenkotter is taking steps to collect a retirement settlement that could cost taxpayers tens or hundreds of thousands of dollars, even as Las Vegas police conduct a criminal investigation into the tourism agency’s spending practices.
Because of the high-profile nature of the National Football League and the Oakland Raiders, it’s easy to lose sight of the fact that Southern Nevada is gaining a new tourism asset in 2020: the 65,000-seat stadium itself.