Las Vegas Business News

Financial literacy slope gets slipperier with each generation

Financial literacy slope gets slipperier with each generation

The financial preparedness of new generations of adults in the United States has steadily declined since Generation X—the age group that preceded millennials—first came onto the scene, says Matt Bees, a Las Vegas-based senior financial adviser at Wells Fargo.

22 May 2023
By Katie Ann McCarver

Compounding interest can make us all millionaires, and taking interest in sharing this phenomenon can educate all Nevadans

Don’t try to pick individual stocks. Rather, buy an index fund. In the stock market, you compete with professional investors. How many of you want to compete with professional tennis players or golfers? If not, what makes you think you can compete with professional investors and win?

22 May 2023
By Daniel Chi

Poll shows two-thirds support plan for Las Vegas ballpark

An exterior view of the Tropicana Las Vegas, on the southeast corner of Las Vegas Boulevard and Tropicana Avenue, Wednesday, May 10, 2023.

Two-thirds of Clark County voters support the Athletics’ proposal for a ballpark in Las Vegas, according to a poll conducted for the team. The A’s, who are planning to ...

17 May 2023
By Las Vegas Sun Staff

New Jersey gambling revenue up 9.5% in April

A dealer conducts a game of roulette at the Tropicana casino in Atlantic City, N.J., on May 12, 2022.

New Jersey's casinos, racetracks that accept sports bets and their online partners won $462.7 million in April, an increase of 9.5% from a year earlier. That figure includes winnings from ...

16 May 2023
By Wayne Parry, Associated Press

Biden clarifies mining law, says Nevada lithium mine can proceed

Construction continues at the Thacker Pass lithium mine on April 24, 2023, near Orovada, Nev. The Biden administration says it has completed a court-ordered review that should ensure construction continues at the Nevada lithium mine, despite legal challenges brought by conservationists and tribal leaders.

The Biden administration says it has completed a court-ordered review that should ensure construction continues at a Nevada lithium mine, despite legal challenges brought by conservationists and tribal leaders. At the same time ...

16 May 2023
By Scott Sonner and Matthew Daly, Associated Press

Bally’s announces ballpark deal at Tropicana casino site

An exterior view of the Tropicana Las Vegas, on the southeast corner of Las Vegas Boulevard and Tropicana Avenue, Wednesday, May 10, 2023.

Bally’s Corp. announced today it has reached a binding agreement with the Oakland Athletics and the land owner of the Tropicana to build a baseball stadium on the Strip casino property. The agreement marks a reversal from another ballpark deal announced ...

15 May 2023
By Casey Harrison

'Super cute' robot isn't just for large companies

LOLA Matradee L

Robot servers who can dance, sing and say “excuse me” when people block their way could soon be serving you lunch with your coworkers or drinks with your friends, following the debut of the LOLA Matradee L.

15 May 2023
By Katie Ann McCarver

People on the Move: May 15, 2023

In the Notes: George Markantonis, Laguna Pool House & Kitchen, GOLO, Pete Janemark, Lisa Hauger, Pinkbox Doughnuts and more ...

15 May 2023
By VEGAS INC Staff

Officials break ground on $600M renovation project at Las Vegas Convention Center

The site where a renovation project will take place is shown at the Las Vegas Convention Center Tuesday, May 9, 2023.

Las Vegas has been the premiere trade show destination for nearly three decades, said Steve Hill, the president and CEO of the Las Vegas Convention and Visitors Authority, and $600 million in renovations to the Las Vegas Convention Center should ...

10 May 2023
By Katie Ann McCarver

Home prices in Las Vegas rise in April; listings without offers soaring

In this Feb. 8, 2008, file photo, a for-sale sign stands in front of a bank-owned home in Las Vegas.

Local home prices in Southern Nevada rebounded slightly in April, with a median sale price of $430,000 for existing single-family homes and $270,000 for condos and townhomes, according to a release today from Las Vegas Realtors. The median price of existing single-family homes sold in ...

9 May 2023
By Katie Ann McCarver

What women in Las Vegas want, at work

If Las Vegas doesn't wake up and get with the times or pay a little more attention, one of its most valuable resources at work is ready to leave.

8 May 2023
By Shane Green

Despite market challenges, financial expert sees prosperous times ahead in Nevada

John Blackmon

John Blackmon is cautiously optimistic about Nevada’s economy avoiding a recession, when he looks at the trends in development, financing and mortgages.

8 May 2023
By VEGAS INC Staff

Las Vegas shouldn’t feel the full impact of nationwide office space vacancies

With economic uncertainty and more people working from home since the pandemic, people in my profession are seeing a steady stream of ominous headlines about the future of office space.

8 May 2023
By Reed Gottesman

People on the Move: May 8, 2023

In the Notes: Emily Hammond, Donna Ruthe, Hollie Chadwick, CBRE, KC Kappen, Cecille Shappee and more ...

8 May 2023

Alabama fires baseball coach after report of suspicious bets

Alabama head coach Brad Bohannon, left, argues with umpire Joe Harris after being tossed from an NCAA college baseball game in the bottom of the second inning against LSU, Saturday, April 29, 2023, in Baton Rouge, La.

labama fired baseball coach Brad Bohannon on Thursday after a report of suspicious bets involving his team, with the school saying he violated “the standards, duties and responsibilities expected of ...

4 May 2023
By John Zenor, Associated Press

UNLV Innovation Challenge winners employ hungry bugs to tackle food waste

Team LutumPotentia presents their pitch for utilizing black soldier flys to help reduce food waste during the UNLV Presidents Innovation Challenge at the Thomas & Mack Center Strip View Pavilion, Monday May 1, 2023.

Using hungry bugs to get rid of food waste that would otherwise end up in landfills is the winning project in the second annual UNLV President’s Innovation Challenge. The winning team, LutumPotentia, pitched a business that would cultivate an army of black soldier fly larvae ...

3 May 2023
By Rhiannon Saegert

Job fair gives Las Vegas veterans a hand with finding employment

Drina Wolf shakes hands with Edward Ugarte, a Marine Corp. and Navy veteran, at the Veterans Benefit Guide booth during an EmployNV Business Hub Veterans Job and Resource Fair at the West Sahara Library Tuesday, May 2, 2023.

A crowd of hopeful hires milled around Tuesday at the Sahara West Library, where over three dozen prospective employers were available to provide information on career ...

3 May 2023
By Katie Ann McCarver

Long-unfinished blue Strip tower sets date for grand opening

The Fontainebleau on the Las Vegas Strip is seen in this Aug. 29, 2017, photo.

A soaring blue-glass tower that has sat empty for close to two decades on the Las Vegas Strip — through the Great Recession and an unprecedented pandemic that shut down the famed tourist corridor for ...

2 May 2023
By Rio Yamat, Associated Press

MGM reports record earnings for seventh straight quarter

Wet Republic at MGM Grand in Las Vegas

MGM Resorts International has marked a seventh straight record-breaking quarter with revenue from its Las Vegas operations, which saw a 41% increase in Adjusted Property EBITDAR ...

1 May 2023
By Katie Ann McCarver

Pilots at American, Southwest ratchet up strike threats

The American Airlines logo on top of the American Airlines Center in Dallas, Texas, is pictured on Dec. 19, 2017.

Pilots at American Airlines have voted to authorize a strike, and Southwest Airlines pilots are preparing to join them, as unions put more pressure on the airlines to approve new contracts with hefty ...

1 May 2023
By David Koenig, Associated Press
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