Las Vegas Sun

July 1, 2016

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Business and Economy

A Southwest Airlines flight approaches McCarran International Airport with the Luxor in the background.
Southwest Airlines doesn't want stadium next to airport
July 1, 2016
The airline with the largest share of passenger traffic at McCarran International Airport doesn't want an NFL stadium nearby, saying football fans' cars could clog the roads for passengers trying to catch flights and bright signage and pyrotechnics could hinder pilots' vision. Southwest Airlines executives wrote a letter to ...
The Bingo Palace, which Frank Fertitta Jr. would eventually rename Palace Station.
Station Casinos launches 40th anniversary celebration
July 1, 2016
Station Casinos' 40th anniversary celebration kicks off today with a fireworks display and a month of special contests, gift offers and specials. The company got its start on July 1, 1976, when Station founder Frank Fertitta Jr. opened a 5,000-square-foot gambling parlor called The Casino on ...
In this May 11, 2014, photo, fans watch the opening ceremony of the "League of Legends" season four World Championship Final between South Korea and China's Royal Club in Paris. Around the world, fans gather en masse to watch video game players compete in high-stakes tournaments. Fans also bet on the outcomes.
E-sports poised to become source of action in Las Vegas sports books
July 1, 2016
The idea that a Las Vegas casino could someday accept wagers on video game competitions might once have seemed unthinkable, but it has rapidly become a very real possibility. Already, the Strip has hosted thousands of people for major events dedicated to ...
A rendering shows Sierra Nevada Corp.’s Dream Chaser.
Nevada company to collaborate with U.N. on space missions
June 30, 2016
Sparks-based Sierra Nevada Corp. could provide an affordable way for countries to travel to space under an agreement it signed with ...
New NHL franchise owner Bill Foley and NHL Commissioner Gary Bettman stand for photos after the announcement of Las Vegas’ first professional sports franchise during a news conference Wednesday, June 22, 2016, at Encore. The NHL expansion team is expected to begin play in the 2017-18 season at T-Mobile Arena.
NHL may face uphill climb in Las Vegas, but let's hope it can stick
June 30, 2016
As a lifelong fan of the NHL, I’m excited to be able to watch it live here in Las Vegas. But two questions linger for me: Will locals line up to buy tickets, and will enough tourists want to spend a night watching hockey here when there are ...
US stocks claw back half of ground lost post-British vote
June 29, 2016
U.S. stocks moved broadly higher in early trading Wednesday, echoing strong gains in global markets as investor worries about Britain's vote to leave the European Union eased. Traders also got encouraging data on U.S. consumer spending ...
The late Sante Kimes, shown testifying in 2004 during her murder trial in Los Angeles, lived at 2121 Geronimo Way in Las Vegas for several years. Now, years after the home was razed after being damaged in an arson, the lot where the home once stood is for sale. Kimes was charged with killing Los Angeles businessman David Kazdin in 1998. Her son, Kenneth Kimes, pleaded guilty to the murder and testified against her in a deal with prosecutors to avoid the death penalty.
Property with a past: Lot with ties to Las Vegas criminals goes on the market
June 29, 2016
A passer-by wouldn't know it, but the vacant lot for sale at 2121 Geronimo Way has an infamous history. It's linked to notorious mother-and-son grifters Sante and Kenneth Kimes, who were ...
Framing of Tesla Motors’ new factory under construction is visible June 14, 2015, behind a security gate on Electric Avenue at Tahoe Reno Industrial Center about 15 miles east of Sparks along U.S. Interstate 80.
Tesla starts tapping into tax credits for factory, selling part to MGM
June 29, 2016
Electric carmaker Tesla has received and sold about $20 million in transferrable tax credits from the state, marking some of the company's first moves to tap into ...
Nevada gets $5.3 million as part of settlements with Volkswagen
June 28, 2016
Nevada expects to get $5.3 million from Volkswagen to settle allegations that the carmaker cheated on emissions tests and put ...
Stocks, pound fall again due to UK vote uncertainty
June 27, 2016
Investor jitters over the economic fallout of Britain's vote to leave the European Union sent U.S. stocks sharply lower Monday ...
Debbie Banko, CEO and founder of Link Technologies, poses at her office in Summerlin Monday, April 25, 2016.
Supporting STEM education feeds the future of the tech industry in Las Vegas
June 27, 2016
Debbie Banko’s firm, launched in 2000, is in the business of filling gaps in information technology. It works with organizations to focused on improving education in science, technology, engineering and math.
Technology challenges traditional real estate
June 27, 2016
Since electronic computing’s introduction in the 1950s, it has been changing the way people do business, making employees more productive and allowing businesses to do more with less. The greatest impact from a real estate perspective has been on office space.
The Notes: Commercial Real Estate, June 26-July 2
June 27, 2016
In the Notes: Jennifer Hall, Jason Griffis, Demetrius Ware, Chris Clifford, Thomas Walusek, Chris Mueller, Mark Briggs, David Wrzesinski, Joshua Smith and more ...
The Mermaids Casino, as well as La Bayou and Glitter Gulch on the Fremont Street Experience, are set to close on Monday as Derek and Greg Stevens prepare to build a new casino there on Friday, June 24, 2016.
Downtown Las Vegas transformation marches on as 3 throwback spots shut doors
June 27, 2016
When Mermaids, La Bayou and Girls of Glitter Gulch close today, it will mark the latest step in a transformation of downtown Las Vegas. Multiple downtown casinos have made major upgrades, while city officials have tried to make the the Fremont Street Experience cleaner and safer through restrictions on ...
A view of the former Spanish View Tower development site on West Maule Avenue, near Durango Drive and I-215, is shown Thursday, June 16, 2016.
Why are high-rises missing from the construction rebound in Las Vegas?
June 27, 2016
Southern Nevada’s once-pummeled construction industry has bounced back from the depths of the recession, with builders putting up housing tracts ...