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Archive for Monday January 30, 2012

Jan. 23 to 29 – Recent Las Vegas News

Here’s some of the news relevant to or about the Las Vegas area or Nevada that came out during the last week:

Jan. 23, 2012 Happy Chinese New Year! – A report from the Nevada Department of Employment, Training and Rehabilitation showed that Nevada’s unemployment rate fell from 13% in November to 12.6% in December. The unemployment for Las Vegas, unfortunately, went up from 12.4% to 12.7% in the same period

Jan. 24, 2012 Local nightlife impresarios Angel Management Group (AMG), and Hakkasan Ltd., a global restaurant brand, have announced today a partnership to launch a luxury restaurant and a new nightclub in the space formerly occupied by Studio 54 at MGM Grand. Hakkasan Las Vegas, which will occupy additional space and include both indoor and outdoor areas, is set to open next December.

Jan. 25, 2012 Chef Alex Stratta’s photograph was reported removed from the Wynn Las Vegas website. His remaining restaurant remains open and there has been no public rift. Alex, the renowned chef’s French gourmet restaurant at the property, was closed virtually without notice last year apparently against its namesake’s wishes.

                             It was reported today that Amonix, one month after losing it’s CEO in a fatal plane crash, is laying off about 200 people from its solar panel manufacturing plant in North Las Vegas.

Jan. 26, 2012 Apparently, Stetson’s Saloon and Casino on Boulder Highway has been closed for a remodel.

                      Nevada led all states with foreclosure sales accounting for nearly 57 percent of all home sales, RealtyTrac reported today.

Jan. 27, 2012 According to the Associated Press, “Vegas casinos relying more an baccarat”.

                     It was reported that the latest traffic report from McCarran International Airport shows a surge in visitation last year, with the highest number of passengers (41.47 million) since 2008. The rebound is particularly striking since in 2010, for the first time in six years traffic dropped below 40 million.

Jan. 28, 2012 Patty’s Closet, which has several boutiques around the valley, has transformed the former Blue Diamond location into "YSparkle by Patty’s Closet," a new all-accessory store debuted today at 9345 S. Cimmarron Rd.

                     After a huge run up that began four years ago, the number of bankruptcy filings in Las Vegas dropped sharply last year. The 19,797 cases that were launched in 2011 marked a 18.4% decline from 2010.

Jan. 29, 2012 A Japanese billionaire, who happens to be largest stockholder and Wynn Resorts board member Kazuo Okada, filed a law suit in Clark County District Court recently to force Wynn Resorts Ltd. to open its financial books and records. Kazuo Okada controls almost 20 percent of Wynn Resorts Ltd and apparently is very angry about the spending habits of Wynn Resorts Ltd. Chairman Steve Wynn. More than a decade ago, Steve Wynn lost control of Mirage Resorts under similar circumstances. This could prove to be interesting.

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