Las Vegas Business News

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion

A new, unopened Jersey Mike's location is seen on Fulton St. in the Manhattan borough of New York, Tuesday, Nov. 19, 2024.

Jersey Mike's, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone. In the transaction announced Tuesday, private equity funds ...

Las Vegas Strip-area businesses continue to bemoan F1’s costly effects

Wade Bohn, owner of Jays Market on Flamingo, stands under the temporary bridge that was put up in front of his business, at the corner of Koval Lane and Flamingo Road during the F1 event in Las Vegas, says that they will continue to lose millions in revenue as long as this bridge still stands on January 4, 2024.

For a group of businesses near the Las Vegas Strip, road construction and closures for this week’s Las Vegas Grand Prix continue to be costly. Lisa Mayo-DeRiso, a spokesperson for several of those businesses, calls the effects from ...

Mike Tyson-Jake Paul fight draws record betting for a combat sports event

Jake Paul hits Mike Tyson during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas.

Jake Paul's unanimous victory over former heavyweight champion Mike Tyson might have been disappointing from a competitive standpoint, but it drew record betting. BetMGM said ...

People on the Move: Nov. 18, 2024

In the Notes: Nathan Lloyd, Heather Lambert, Molina Healthcare of Nevada, Vegas Justice League and more ...

Geography, workforce position Southern Nevada perfectly to thrive in warehouse sector

Maggie Barnett, CEO of LVK

At the onset of the COVID-19 pandemic in 2020, LVK—a fulfillment division of parent company and warehouse management system ShipHero—opened a third-party logistics warehouse in North Las Vegas spanning 200,000 square feet.

Union workers picket for 3rd day at Las Vegas casino with no talks slated

Culinary Union workers strike outside of Virgin Hotels Las Vegas on Friday, Nov. 15, 2024.

Picketing continued Sunday outside a hotel-casino near the Las Vegas Strip that remained open with no talks scheduled between management and union members striking for a new contract.

Culinary Union workers go on strike at Virgin Hotels Las Vegas

Culinary Union workers strike outside of Virgin Hotels Las Vegas on Friday, Nov. 15, 2024.

Their chants starting before sunrise, about 100 Culinary Union workers picketed in front of Virgin Hotels Las Vegas today as they went on strike to demand higher wages. Workers are willing to stay out “as long as ...

Economic outlook forecasts slowdown for Nevada’s tourism, gaming industries

Sandip Bhagat, left, chief investment officer at Whittier Trust, Stephen Miller, center, a UNLV economics professor, and Andrew Woods, director of the UNLV Center for Business and Economic Research (CBER), participate in an economic forecast panel discussion during the CBER 2024 Outlook conference at the Fontainebleau Las Vegas Wednesday, Nov. 13, 2024.

Las Vegas has seen an increase in visitors, gaming revenue and hotel occupancy rates in rebounding from the economic crisis brought on by ...

Managing partner of Lewis Roca law firm talks forthcoming merger with Womble Bond Dickinson (US)

Managing partner of Lewis Roca law firm talks forthcoming merger with Womble Bond Dickinson (US)

Las Vegas is home to one of Lewis Roca’s eight law offices. On Jan. 1, 2025, the firm will close on a blockbuster merger with Womble Bond Dickinson (US), creating a ...

Las Vegas Sphere announces $125 million quarterly loss

Sphere showing off during NBA Summer League

The Las Vegas Sphere opened its 2025 financial year losing over $125 million in three months and positing its lowest revenue since opening late last year. Over that time, the $2.3 billion ...

Cybersecurity program at UNLV new but already among nation's best

Cybersecurity program at UNLV new but already among nation's best

The master of science in cybersecurity program at UNLV launched in 2021 with a handful of students. Now, it’s graduated nearly seven times that and recently came in second on a ...

Housing, entertainment, tax structure position Vegas to become a major player in tech world

Teddy Liaw, founder of NexRep, poses during the Vegas Tech Summit at the Summit Club in Summerlin Thursday, Oct. 5, 2023.

After spending more than 15 years living in the Bay Area, between my college years at Berkeley and many of my formative professional years, I finally committed to San Francisco in 2019 by buying a four-bedroom home. I couldn’t see myself living anywhere else.

People on the Move: Nov. 11, 2024

In the Notes: Thomas Evans, Skylar Dice, Viva Las Norms! Restaurants, Netflix and MGM Grand, Mob Museum and more ...

Culinary Union announces strike against Virgin Hotels Las Vegas

Culinary Workers Union 226 and Bartenders Union Local 165 picket outside of Virgin Hotels Las Vegas.

Culinary Union Local 226 will be going on strike at Virgin Hotels Las Vegas starting Nov. 15, the union announced today. The union issued a strike for the same location in May, protesting ...

Median sales price of single-family Las Vegas home $445K, report says

A KB Home roof is tiled during the Super Saturday sales event at the master-planned community of Inspirada on Saturday, Oct. 4, 2014.

The median sales price of a single-family home in Southern Nevada was $4475,531 in October, a report released on ...

People on the Move: Nov. 4, 2024

In the Notes: Russell Byrd, John Bailey, Dennis Kennedy, Verna (Vee) Griffin-Tabor, RennerVation Foundation, YMCA of Southern Nevada, Tim Hughes and more ...

Latina businesses ‘making this country even greater’

Ivette Barajas

Las Vegas native Ivette Barajas started her career in banking, which she said ultimately laid a strong foundation for her to eventually become an entrepreneur.

Wendy's closing 140 more restaurants as part of push to update its locations

This Thursday, Feb. 25, 2021, photo shows a sign over a Wendy's restaurant in Des Moines, Iowa.

Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May. But in a conference call with investors Thursday, the company said those closures will be offset by ...

John Fisher pledges $1 billion for A's stadium in Las Vegas

This rendering provided by the Oakland Athletics on May 26, 2023, shows a view of their proposed new ballpark at the Tropicana site in Las Vegas.

Athletics owner John Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas and U.S. Bank and Goldman Sachs will offer a $300 million loan ...

In an accident? This longtime personal injury law firm knows exactly how to help

Ben J. Bingham, Esq.

Ben J. Bingham, Esq. exclusively practices personal injury law, and his firm, Benson & Bingham, has served Nevada for 25 years.