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What Nevada can learn from its neighbors

Nevada supposedly has a “can-do” spirit. But we don’t do. Any businessperson knows you have to spend money to make money. Nevada claims it has too little of the former with which to do the latter. The rest of the West would disagree. Read more »

Business

Of Bandits and Big Fish

With the December 2012 financial numbers recently released by the Gaming Control Board, it’s finally time to close the book on 2012. What kind of year was it for Nevada’s casinos? Read more »

Business

It’s Only Logical: Wall-Spocks Are the Future of Las Vegas

Walls 360, a local wall-graphics producer, has just announced a partnership with Moshi Monsters, an online virtual pet community (think Neopets meets Pokémon) with 65 million registered pre-teen users. And the company, which is based just south of the Orleans, isn’t about to stop there: It has plans to launch several more licensing partnerships this summer. Read more »

Business

What’s the Euro Got to Do With It?

Las Vegas has enough problems of its own. But Europe’s problems are ours, too.

As bad as things got here, they got worse in Europe. There, too, easy credit in the middle part of the past decade spurred high-risk lending. Burst housing bubbles spurred defaults, business went sour, tax receipts waned and hefty public pension and salary obligations pushed some governments toward bankruptcy. Here’s a look at how Europe’s inability to pay its bills might affect Las Vegas. Read more »

Business

Manufacturing Statistics

Manufacturers’ News Inc., or MNI, an Illinois-based publisher of manufacturers’ directories, recently released its state-by-state 2012 jobs statistics. The Silver State now has 54,955 manufacturing jobs, down from its 2009 peak of 63,745. Overall, the report paints a picture of a stabilizing manufacturing sector, with job losses slowing and a recovery gaining momentum. But Bob Potts, UNLV’s assistant director for the Center for Business and Economic Research, who pulls his numbers from the Bureau of Labor Statistics and only counts 35,900 Nevada manufacturing jobs, adding that some of that number may be inflated by soft sectors such as commercial and digital printing. Read more »

Business

China Still Wants Vegas

A bright spot for Las Vegas tourism has been Chinese travel. Chinese visiting Las Vegas climbed to 148,000 in 2010, up from 87,000 in 2006, according to the Las Vegas Convention and Visitors Authority. For 2011, Chinese visa applications for U.S. travel are up 30 percent, says Cathy Tull, senior vice president of marketing for the LVCVA. Read more »

Business

Brotherly Competition

Those Fine brothers are at it again. As Jonathan Fine prepares to open Ranch House Kitchen in the former Cadillac Ranch space at Town Square, Jeffrey is just about to pop the doors on his second I ♥ Burgers location in the former Town Square home of Anthony’s Coal-Fired Pizza. Read more »

The Latest Thought

An Idea Whose Time Came and Never Left

Why an urban growth boundary makes sense for the Valley—now more than ever

Today, 14 years later, as the Las Vegas Valley tries to pull out of its depression, I wonder if we had passed AB 490 and enacted the Ring Around the Valley, would things be any different? I believe so. By working together, we could have much more successfully guided efforts to maintain and enhance the ecological integrity, economic viability, social equity and overall livability of the Las Vegas Valley. Read more »

Business

Curses, Foiled Again

Jimmy Maddin doesn’t believe in curses, but before he opened the Hotel California Restaurant & Cantina in Summerlin’s Boca Park this month, he did what any detail-oriented business leader would do—brought in a shaman. Read more »

Shopping

Kids’ Stuff

In 2008, Leslie Stewart, 35, started looking online for kids’ consignment sales in Las Vegas. She was hoping to buy and sell used items for her 2-year-old daughter, but she didn’t see many options. Stewart brought the topic up to two of her friends, stay-at-home moms Lisa DeLuca, then 35, and Lisa Renteria, then 39. She suggested that they start a sales event themselves, opening it up to all of Las Vegas. Read more »

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