In operation for 36 years, Michael Gaughan’s Airport Slot Concession Inc. helps keep operational costs down, which means lower ticket prices on Las Vegas flights.
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The Houston billionaire acquired 6.9 million shares in the Las Vegas-based casino operator, comprising a 6.1 percent ownership stake.
A special committee has recommended a regulatory amendment for sportsbooks to take bets on esports, but it could take time before many people bet on competitions.
Southern Nevada is far from alone in seeing buyers pull back amid a sharp jump in mortgage rates.
While other industries move forward with cashless payment options such as mobile wallets, prepaid, debit or credit cards, the casino industry is lagging.
Las Vegas-based Esoes Cosmetics (pronounced S.O.S.) wants to help protect women with its first product — lipstick.
Las Vegas has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.
Gaming and Leisure Properties CEO Peter Carlino admitted he didn’t see the resiliency of the Strip coming after the coronavirus pandemic and is now interested in an acquisition.
Arizona-based The Wolff Co. broke ground this year on a 316-unit apartment complex called LVB.
Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s general counsel, two people familiar with the deal said Thursday night.
Station Casinos’ parent company reported flat growth in net revenue and cash flow for the third quarter of 2022, Red Rock Resorts Inc. announced Thursday.
While visitation was ahead of September 2021 but behind September 2019, the average daily room rate has consistently held steady since the pandemic ended.
“As long as mortgage rates and prices remain high, buyers will be looking for a relief valve,” an analyst said.
Only three markets of the 20 monitored by the state showed declines from the previous year with Clark County up 5.6 percent and the Strip up 8.2 percent from last year.
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates.