las vegas business
MGM Revenue Better Than Projected
MGM Resorts International reports an unexpected profit in the first quarter, as the casino operator benefited from rooms and gambling tables on the Las Vegas Strip, and the strength of Macau.
LV Sands To Pay Early Dividend
Casino operator Las Vegas Sands Corp. plans to pay a special dividend of $2.75, distributing about $2.26 billion to its shareholders by the end of the year.
Vegas Business Leaders To Meet With Legislators
Leaders of the Las Vegas Chamber of Commerce will be in Washington D.C this week to discuss the “fiscal cliff.”
Report Predicts Growth For Vegas Strip
Las Vegas Strip resorts could see growing revenues next year. A forecast by brokerage from Newmark Grubb Knight Frank predicts Sin City resorts will see a revenue jump of more than 5% in 2013.
Software Firm Eyes Downtown Move
A software firm behind the “Grand Theft Auto” franchise is looking to set up shop in downtown Las Vegas.
Casino Operators Post Losses
Two of Las Vegas’ largest casino operators have posted losses in the third quarter.
Grant Program To Help Local Businesses
The Las Vegas’ new Quick Start effort will reimburse qualified business owners up to $50,000, for bringing older buildings up to code.
Wynn Reports Lower Profits
Lower casino revenues in Las Vegas and Macau have taken a toll on profits at Wynn Resorts.
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