Worker at Allegiant Stadium tests positive for COVID-19
 
Worker at Allegiant Stadium tests positive for COVID-19

Construction of Allegiant Stadium is unlikely to affected by the coronavirus outbreak that is having an impact on just about every industry across the Las Vegas Valley. (Michael Quine/Las Vegas Review-Journal)

Casino companies burning through millions daily
 
Casino companies burning through millions daily

RJ reporter Bailey Schulz talks about how much Las Vegas Casino companies are losing and how the Emergency bill could help if they run out of money or need help recouping what was lost.

Fed announces unprecedented actions to stabilize markets – VIDEO
 
Fed announces unprecedented actions to stabilize markets – VIDEO

The Federal Reserve announced several new measures on Monday. Among the announced programs
is a further commitment of $300 billion “supporting the flow of credit” for Main Street businesses. (Las Vegas Review-Journal)

Valley businesses react to mandatory order to shut down – VIDEO
 
Valley businesses react to mandatory order to shut down – VIDEO

All non-essential businesses in the Las Vegas Valley have to shut down. We spoke with store owners who would remain open for the benefit of the community and others who were still confused as to why they had to close. (James Schaeffer / Las Vegas Review-Journal)

Nevada casino closures impact 206K workers, AGA finds – VIDEO
 
Nevada casino closures impact 206K workers, AGA finds – VIDEO

About 206,000 direct casino employees in Nevada are without work after Gov. Steve Sisolak’s Tuesday mandate, according to the American Gaming Association. (James Schaeffer / Las Vegas Review-Journal)

Tourists upset with MGM Resorts’ lack of closure notice – VIDEO
 
Tourists upset with MGM Resorts’ lack of closure notice – VIDEO

Tourists like David and Emma Walker, who are visiting from Scotland, found out about MGM Resorts’ property closures through Google, instead of the Luxor where they are currently staying. The Walkers are upset with how MGM has handled the situation by not making their customers aware of the closures first. (Cassie Soto/Las Vegas Review-Journal)

Caesars begins layoffs during coronavirus crisis – VIDEO
 
Caesars begins layoffs during coronavirus crisis – VIDEO

Documentation obtained by the Review-Journal shows Caesars Entertainment Corp. has begun laying off employees amid reduced travel demand from the coronavirus pandemic. (James Schaeffer / Las Vegas Review-Journal)

Raiders sell and lease back headquarters – VIDEO
 
Raiders sell and lease back headquarters – VIDEO

RJ reporter Eli Segall talks about the numbers behind the sale and lease back of the Raiders headquarters in Henderson and why businesses make these types of land grabs. (Renee Summerour/Las Vegas Review-Journal)

Details on MSG Sphere crawler crane – VIDEO
 
Details on MSG Sphere crawler crane – VIDEO

The world’s fourth-largest crawler crane has arrived to begin work on the MSG Sphere at The Venetian. (Renee Summerour/Las Vegas Review-Journal)

Las Vegas’ housing market cools down – VIDEO
 
Las Vegas’ housing market cools down – VIDEO

In early 2019 Las Vegas home prices were rising at the fastest rate in the nation. But Las Vegas ended 2019 with some of the slowest-rising prices in the nation. In December, Southern Nevada prices were up 2.6% year-over-year in December, compared to 3.8% nationwide, according to the S&P CoreLogic Case-Shiller index . Phoenix saw a a 6.5% price gain. Charlotte, North Carolina, saw a 5.3% price gain. Tampa, Florida saw a 5.2% price gain. Prices rose just 1% in Chicago and New York. (Las Vegas Review-Journal)

MGM Resorts last Las Vegas operator standing in Osaka bid – VIDEO
 
MGM Resorts last Las Vegas operator standing in Osaka bid – VIDEO

Japan is getting ready to issue three highly coveted gaming licenses. The country’s gaming market is estimated to be worth more than $25 billion a year once resorts open in 2025. If the estimates stand up, Japan would become the second-largest gaming market in the world behind Chinese gaming enclave Macau. MGM and at least eight other companies had been vying for the Japanese licenses. In 2019 Las Vegas Sands Corp. and Wynn Resorts Ltd. turned their attention to other areas. Caesars Entertainment Corp. dropped out of the race altogether. MGM teamed up with Japanese financial services group Orix for its bid for a gaming license. MGM/Orix group was the only one to participate in the RFP process. “We think MGM is in a very good position in Osaka at this point” – Union Gaming analyst John DeCree (Las Vegas Review-Journal)

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