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Valley Electric Association is an energy cooperative headquartered in Pahrump, Nevada. The cooperative provides electric service to more than 45,000 people in a 6,800-square-mile service area, primarily along the California-Nevada border. The cooperative is member-owned, meaning all members who receive electricity through its transmission grid are also considered owners. The “member-owner” status gives each person a voice in how their cooperative operates. Members elect the leadership, and any member can become part of the leadership team. According to Valley Electric’s website, it has 17,500 member-consumers who participate in its governance.

Las Vegas’ apartment market has accelerated in recent years. Developers are packing the suburbs with projects, landlords are on a buying spree, and tenants are filling buildings. Rents are also rising at one of the fastest rates in the country, stretching affordability for some. The average asking rent for a Las Vegas apartment is $1,059, up more than 25 percent since early 2013, according to research firm Reis Inc. The rental market has gained speed amid strong job and population growth. And landlords, despite raising the rents, are having little trouble signing tenants.

In 2020, The Drew, formerly known as the Fontainebleau, is slated to open along with the $3 billion Resorts World Las Vegas, an Asian-themed casino slated to open in 2020, will have 3,000 rooms. The $1.8 billion Raiders stadium will open.
The Las Vegas Convention and Visitors Authority will finish its expansion of the Las Vegas Convention Center. The 18,000 seat concert venue MSG Sphere is expected to open.

Southern California investors bought nearly 60 acres of mostly empty real estate near the Strip for $130 million. The Daneshgar family, owners of 3D Investments, acquired the spread at Harmon Avenue and Koval Lane. Previous plans for the site included hotel-condo projects the W Las Vegas and Las Ramblas. Backers of the $3 billion Las Ramblas included actor George Clooney and nightclub owner Rande Gerber.

Billionaire hedge fund activist Carl Icahn has made some big bets on Nevada that have paid off. Icahn purchased the Stratosphere out of bankruptcy court in 1998. He also bought two Arizona Charlie’s casinos and a Laughlin casino. He sold those properties for $1.3 billion in 2007. Icahn bought the partially built, mothballed Fontainebleau hotel out of bankruptcy for around $150 million in 2010. He sold it for $600 million in 2017. In 2008, Icahn bought a stake in Tropicana Entertainment. He sold it last year before the market selloff to Eldorado Resorts for $1.85 billion. In 2019, Icahn confirmed that he has purchased a 9.8 percent stake in Caesars Entertainment Corp. worth more than $600 million.

Wyoming’s Justin James leads the MW with 20.7 points per game. Cowboys coach Allen Edwards said James has furthered the program. UNLV coach Marvin Menzies will try to devise a plan to stop Wyoming. The Rebels won the first meeting 68-56 last month in Las Vegas. Amauri Hardy leads UNLV with 13.2 points per game.

An American Airlines flight on its way to McCarran International Airport made an emergency landing at Nellis Air Force Base on Saturday afternoon. Flight 671 was diverted to the base because of wind conditions at the airport and low fuel levels, Nellis spokeswoman Rebekah Mattes said. American Airlines spokesman Josh Freed said there was no fuel leak, and the airplane had enough gas to get to McCarran. The airplane, which was on its way to Las Vegas from the Dallas Fort Worth International Airport, had 194 people on board, including six crew members.

“Heavy D,” star of Discovery Channel’s “Diesel Brothers,” launched the first Heavy Academy on Friday. The conference gave business owners a look into Heavy D’s online business practices. About 89 percent of American adults use the internet, yet only two-thirds of businesses invest in online advertising. Attendees were able to learn about e-commerce, social media, website building, online advertising and more through panels and sessions. Speakers included Instagram influencers, entrepreneurs, e-commerce experts and more. Heavy D