You know things are heading south when a 5.44 percent decline in Nevada’s monthly gaming revenues during September isn’t considered a bad performance.
CARSON CITY — State and federal regulators have sued 10 related Internet payday lenders, including five with Nevada addresses, alleging they failed to disclose loan terms and illegally badgered people for sums far higher than amounts they borrowed.
Despite financial problems that have General Growth Properties teetering on the brink of bankruptcy, the mall company is pressing forward with a holiday charity drive at its Las Vegas properties.
Anyone looking for a glimmer of economic hope may have found it Wednesday at an Urban Land Institute panel discussion on emerging real estate trends in Las Vegas.
The number of people who visited Las Vegas in September fell 10.1 percent to 2.9 million, a jarring drop for a community that’s already in the throes of a deepening recession.
Herbst Gaming has until Dec. 3 to accomplish one of two tasks — pay its bondholders more than $846.8 million or come up with a restructuring plan for the company’s debt payments. Otherwise, the Las Vegas-based company will probably end up in bankruptcy court.
WASHINGTON — The Bush administration issued a final regulation Wednesday aimed at banning Internet gambling, drawing criticism from Democrats who said it would burden financial companies.
