Long-struggling SLS Las Vegas has finally turned profitable as new owner Alex Meruelo invests more than the initially planned $100 million to revive the Strip property.
Todd Prince
Reporter: Business Tourism, Gaming
Email: tprince@reviewjournal.com
Phone: (702) 383-0386
Todd Prince joined the Review-Journal in January 2017 as a gaming and tourism reporter after spending 17 years in Russia. During his time in Moscow, Todd worked 7 years as a stockbroker for Bank of America-Merrill Lynch and five years as a business and political reporter for Bloomberg News. He also worked several years as a freelance writer and photographer for publications including The Moscow Times. Todd speaks Russian and has a bachelor’s degree in history from Brooklyn College.
Kalashnikov USA began producing AK-style shotguns and rifles domestically after the United States imposed sanctions in 2014 against Urals-based Kalashnikov Concern, killing off the Pompano Beach-based company’s import business.
SHOT Show features more than 15,000 guns, the majority of which are semi-automatic rifles and pistols. They stretch for miles across the show floor at Sands Expo and Convention Center.
Michael Frey and his brother Robert are suing their partner in the Nevada cannabis business for $125 million. It is the latest in a series of lawsuits by investors in the booming local marijuana industry that is creating multi-millionaires in a flash.
The gun-mounted camera automatically records when it is pulled from its holster.
Though overall U.S. guns sales have been weak since President Donald Trump took office in Nov. 2016, easing concerns about tighter gun legislation, the slump hasn’t been felt equally around the country, SHOT Show participants say in Las Vegas.
About 1,600 people, including industry media, fired the latest handguns, shotguns and rifles by some of the biggest gun makers, making the normally quiet Mojave desert terrain sound like a war zone.
The four-day trade show is the industry’s business-to-business equivalent of Black Friday, as manufacturers and wholesalers pen multi-million dollar deals with retailers and law enforcement agencies for firearms, ammunition and accessories such as holsters and scopes.
MGM Resorts International is bowing to pressure from activist hedge funds after months of rumored displeasure with the company’s stock performance.
Executives are studying ways to create more buzz on its segment of Las Vegas Boulevard to attract more pedestrians, said MGM Grand President and Chief Operating Officer Scott Sibella, who has been running the property the past seven years.
While there was little doubt among attendees that 5G will revolutionize the world, when that revolution will actually dawn is disputed.
While the number of visitors to Las Vegas likely fell slightly last year, the number of people staying at local Airbnb accommodations jumped nearly 50 percent.
Turner Broadcasting System, Inc., the owner of popular cable stations and sports broadcasting rights, says its plans to cash in on the forthcoming sports wagering boom.
CES attendees lined up for as long as half an hour outside Google’s pavilion to see the new voice-activated abilities the Silicon Valley company is launching.
The CES show floor opened at 10 a.m. Tuesday to more than 180,000 attendees.