Category Archives: Las Vegas Finance

Bet on the Las Vegas recovery with MGM

Las Vegas Strip Bellagio Caesar's Palace

Las Vegas Strip Bellagio Caesar's Palace (Photo credit: Wikipedia)

MSN Money
–But it’s the turnaround in the Las Vegas convention business that’s the real big news for MGM Resorts. Convention business in Las Vegas is projected to climb 10% next year. MGM’s margins of 70% on its hotel business are much higher than on its gaming revenue. The upturn in Vegas comes just–read more

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Filed under Las Vegas Economy, Las Vegas Finance, Las Vegas Gaming, Las Vegas Hotels, Las Vegas Trade Shows, Positive Las Vegas News

Boyd Gaming Reports Fourth-Quarter, Full-Year Results

MarketWatch (press release)
LAS VEGAS, Feb. 21, 2012 /PRNewswire via COMTEX/ — Boyd Gaming Corporation (NYSE:BYD) today reported financial results for the fourth quarter and full year ended December 31, 2011. Net revenues were $606.7 million for the fourth quarter 2011, read more

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Filed under Las Vegas Economy, Las Vegas Finance, Las Vegas Gaming, Las Vegas Hotels, Positive Las Vegas News

Mayor Looks to the Future of North Las Vegas

KLAS-TV
to see city leaders optimistic and hope people will begin investing in North Las Vegas again. “Instead of the city saying we are losing revenue or this or that or whatever negative thing could be going on, they were focusing on the positive. read more

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Filed under Las Vegas Employment, Las Vegas Finance, Positive Las Vegas News

Las Vegas Real Estate Market Shows Positive Signs

NuWire Investor
The Las Vegas real estate market looks to be on its way to recovering. Home prices have flattened out, and sales are ticking up. The market for lower priced homes – homes under $200000 – is especially hot. Cash buyers, and absentee buyers also read more

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Filed under Las Vegas Finance, Las Vegas Housing, Las Vegas Real Estate, Positive Las Vegas News

Economic Development

Nevada Business Journal
“Business right now is booming,” says Somer Hollingsworth, President and CEO of Nevada Development Authority (NDA) in Las Vegas, the non-profit economic development agency whose mission is to attract companies to Southern Nevada that diversify, read more

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Filed under Las Vegas Employment, Las Vegas Finance, Positive Las Vegas News, Real Estate

Ideal Financial Hires Mr. Travis Rodak as Chief Technology Officer

MarketWatch (press release)
LAS VEGAS, Dec 6, 2011 (GlobeNewswire via COMTEX) — Ideal Financial Solutions, Inc. (otcqb:IFSL), a fully reporting company listed on the OTCQB, creator and provider of various financial products and services for businesses and individuals is pleased read more

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Filed under Las Vegas Employment, Las Vegas Finance, Local Good News, Positive Las Vegas News, Real Estate