Monday March 12, 2012 by admin.

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

Mar. 05, 2012  Wynn Resorts Ltd. announced today that it will issue $900 million in first mortgage notes due in 2022. The notes will be offered to only qualified institutional buyers and outside the U.S. in accordance with securities law.

                       A tour bus caught fire about 4 pm today near the Hoover Dam. It closed both lanes of U.S. Highway 93 for several hours. Fortunately all 61 passengers and the driver escaped injury.

                       Yesterday, Penn Jillette (of Penn and Teller) delivered two checks for $20,000 each to Opportunity Village to open NBC’s “Celebrity Apprentice.”

Mar. 06, 2012  It was just announced that as of April 1, 2012, all operations of the JW Marriott Las Vegas Resort & Spa and Rampart Casino will be combined under a single management team headed by veteran casino executive and South Point owner Michael Gaughan.

                      Following a 1 year slide, gaming revenues produced by the nation’s Indian casino market grew 1.3% in 2010 to $26.73 billion, the highest 1 year figure ever produced by the segment of the American gambling industry.

Mar. 07, 2012  Allegiant Travel Co., the Las Vegas-based airline and travel booking company, carried 533,000 passengers during last month (February 2012) on both charter and regularly scheduled flights. That is 19.6% more than the same month last year.

                      The Las Vegas area ranked last among the nation’s 100 largest metro areas in the growth of exports from 2009 to 2010, a study released by the  Brookings Institution Metropolitan Policy Program shows.

Mar. 08, 2012  Singer Jimmy Buffett, creator of the "Margaritaville" brand, has been granted a license to run his casino-within-a-casino inside the Flamingo, having been unanimously approved by the Gaming Control Board.

                       Visitation to Las Vegas was up slightly in January to nearly 3.2 million which is just under 1% more than came during the same month last year.

                       The Gaming Control Board reported that the Las Vegas Strip gambling revenue was up 29% to $623.5 million in January, compared to the same month last year and the revenue for all of Clark County increased 22% to $925.5 million. The steep rise was aided largely by a surge in baccarat winnings, as a result of Chinese New Year (excluding that game, statewide revenue for the month increased 4%).

Mar. 09, 2012 The inaugural Downtown 3rd Farmers Market was held today (see last Friday’s 3/9/12 posting).

                      The pools at MGM Grand (Wet Republic) and the Hard Rock (the entire pool complex including Rehab) were opened for business today.

                      Employees of O’Sheas were officially told this week the tiny Strip casino would be closing in 60 days. Caesars Entertainment Corp., which owns O’Sheas, announced last summer the casino would be demolished as part of the $550 million Project Linq development. The casino will become part of the reconfigured Imperial Palace, which will be given a new name and theme. 285 employees at O’Sheas will lose their jobs but 180 have already been rehired at the company’s 10 resorts on or near the Strip.

Mar. 10, 2012 A housing report entitled “Resale Homes Report:Existing homes sold: Feb. 22-27” can be found at http://www.lvrj.com/real_estate/resale-homes-report-existing-homes-sold-feb-22-27-142177163.html.

                     It’s been reported but not verified that hotel developer Steve Wynn has hired more bodyguards  (possibly ex-Navy Seals) since his acrimonious split with business partner Japanese billionaire Kazuo Okada.

Mar. 11, 2012 Happy shortest day of the year (23 hours) – The Smith Center for the Performing Arts opened last night with a black-tie gala. The $470 million facility will host theater, symphony, ballet, opera, and other cultural events, and include a caberet-jazz club.

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Monday February 13, 2012 by admin.

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

Feb. 06, 2012 Although it’s not just about Las Vegas, a new report released by The American Gaming Association (AGA) shows that the casino industry is responsible for about one percent of the total U.S. GDP. The report shows a total of 566 casinos in 22 states, representing about $125 billion in spending and supporting almost 820,000 jobs.

                     The new owners of the Mob Experience at the Tropicana announced today that they will change its name to the Mob Attraction when it formally reopens at an undisclosed date.

Feb. 07, 2012 It’s been reported that Station Casinos executives Frank Fertitta III and Lorenzo Fertitta plan to buy out investor JPMorgan Chase for $73 million.

                     La Cage abruptly closed at the Four Queens Hotel & Casino.

                     It was reported that Nevada’s $93.9 million handle on this years Super Bowl was the 2nd largest in state history, a record set in 2006 at $94.5 million.

Feb. 08, 2012 Caesars Entertainment that priced 1.81 million shares of its stock (just 1.4% of itself) at $9 a share, with a view to raising around $16.3 million began trading publicly today. In its trading debut, the stock went as high as $17.90.

                     Home prices started the year nearly as dismally as a year ago by falling 5.6% in January, the Greater Las Vegas Association of Realtors reported. The report showed a median single-family home price of $118,000, based on 2,931 units sold during the month.

Feb. 09, 2012 A report by the Nevada Gaming Control Board showed that Nevada casinos collected $10.7 billion in gaming revenues in 2011, an increase of 2.8% over 2010 (the 2nd straight annual jump) and that casinos on the Las Vegas Strip collected $6.068 billion in gaming revenues in 2011, an increase of 5.1% over 2010.

Feb. 10, 2012 The Golden Nugget, which operates casinos in Las Vegas, Laughlin, and Atlantic City, announced a partnership with online gaming company Chiligaming, with the aim of launching a free-play website within the next Quarter, "in anticipation of the legalization of online gaming in the United States".

Feb. 11, 2012 A housing report entitled “Resale Homes Report:Existing homes sold: Jan. 25-31” can be found at http://www.lvrj.com/real_estate/resale-homes-report-existing-homes-sold-jan-25-31-139146354.html.

Feb. 12, 2012 Long time sports book operator Chuck Esposito is the new director at Sunset Station.

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Monday February 6, 2012 by admin.

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

Jan. 30, 2012 The Southern Nevada Health District announced today that three guests at the Luxor had contracted Legionnaires’ disease since last spring, including one who recently died.

                     The Nevada Department of Taxation reported that sales of tangible goods jumped 9.6%, to $3.39 billion year over year in November, a critical shopping month that kicks off holiday spending and includes the big Black Friday post-Thanksgiving retail sales day. In Clark County, sales rose 8.6%, to $2.47 billion

Jan. 31, 2012 The MGM Grand’s Lion Habitat closed today.

                     Although the Standard & Poor’s/Case-Shiller home-price index showed that home prices fell in Las Vegas for the 3rd straight month, the Las Vegas-based Home Builders Research reported the median existing-home price of $114,000 in November was up from $110,000 in October and the Greater Las Vegas Association of Realtors reported median home prices increasing from $121,000 in October to $125,000 in November. Who knows?

Feb. 01, 2012 Jaguars gentlemen’s club, which reopened under its original name last July after subsequent failures as SCORES and Rick’s Cabaret, has closed once more.

                            Bally Technologies Inc., the Las Vegas-based gambling equipment & service provider, posted net income of $24.2 million, or 54 cents per share, compared with $27.3 million (49 cents per share) for the same period last year.

Feb. 02, 2012 In a filing with the Securities and Exchange Commission, Caesars Entertainment announced that it would list in excess of 1.8 million shares of common stock on the Nasdaq Global Select Market under the symbol CZR, with an initial asking price of between $8 and $10 a share. No timeframe has yet been given for the IPO.

                            Following the announcement of this year’s World Series of Poker dates, comes word that the tournament will add almost 100 extra tables and an additional three bracelets that will bring the total number of bracelet events to 61.

Feb. 03, 2012 It’s been reported that a developer plans to turn a vacant lot on W. Sahara Avenue into a 10-story Asian-oriented resort-casino called the Lucky Dragon.

                     CoreLogic, a Santa Ana, Calif.-based mortgage data provider, estimates that 61% of Las Vegas mortgages are upside down, exceeding the market value of the home. With 422,000 mortgages in Las Vegas, that’s roughly 257,000 homeowners at risk of default

Feb. 04, 2012 Nevada GOP Caucus Day in Las Vegas – With 70% of precincts reporting, the vote was 48% Mitt Romney, 23% Newt Gingrich, 19% Ron Paul and 11% Rick Santorum.

                     It’s been reported that the Las Vegas Monorail will try again to exit bankruptcy with a new Chapter 11 reorganization plan that rearranges key numbers and further slashes payments to bondholders already on track to lose more than 90 percent of their investments.

                      Studio 54, the iconic New York import, that’s been a fixture on the Strip for 14 years closed tonight.

Feb. 05, 2012 Super Bowl Sunday – The legal sports books in Nevada were looking to handle in the range of $90 million in bets on the Super Bowl.

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Monday January 30, 2012 by admin.

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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Monday January 23, 2012 by admin.

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

Jan. 16, 2012 Martin Luther King Jr. day – Bands, step dancers and floats made their way up 4th Street, from Hoover Avenue to Ogden Street, as thousands crowded the sidewalks to watch the 30th annual MLK Day parade

                     It was reported that gaming winnings plummeted to historic depths last year to comprise a record low 46 percent of total revenue. However, spending on other areas, including "food, beverage and other (related offerings)" among Nevada’s casinos hit a record high 34.1% of total revenues, according to figures released by the State Gaming Control Board.

                     Downtown’s Western Casino dealt its last hand at 2 am this morning and is now closed.

Jan. 17, 2012 The Las Vegas new home sales fell to a 23 year low in 2011, when new home sales fell to a low of 3,894. Dennis Smith, president of Home Builders Research Inc., said in a recent report that new home sales bottomed out last year and that some increase should be expected this year.

                     Continuing with real estate news: High-rise condos are selling for less than $200 a square foot, compared with up to $400/sq. ft. at the height of the market and sales fell 6% to 1,308 transactions in 2011

Jan. 18, 2012 The owners of Tivoli Village, the new outdoor mall that opened on the west side of town last year, have announced plans to build a 700,000-square-foot indoor shopping center called Renaissance across the street. The $350 million project is scheduled for completion in 2015.

                      The buffet at Caesars Palace is closed until June or August. In the meantime, breakfast is being served in Rao’s from 7 to 10:30 a.m. for $21.95. There currently is no lunch or dinner buffet.

Jan. 19, 2012 Apparently more than 2,000 people so far have been forced to evacuate the Reno area as wildfires burn out of control.

                            In an unorthodox move, the bankrupt off Strip casino’s largest creditor, Canyon Capital, has announced that it will submit an opening bid of $60 million and possibly as much as $70 million, in a bid to eliminate low-ball bidders. The property was valued at the end of last year at just $46.6 million — $63.9 million when all the inventory and cash in operating accounts is taken into account — and the bidding process is not scheduled to begin officially until Feb. 10.

Jan. 20, 2012 Las Vegas made the list of "Most Stressful Cities" in the U.S., coming in at #2 behind Tampa Bay-St. Petersburg, FL. Factors contributing to the designation included traffic, crime, the economy, and mental health — at 18 per 100,000 people, Las Vegas has the highest suicide rate among the top 10 metropolitans on the list

Jan. 21, 2012 It’s been reported that a 100 acre Henderson Park is in the early phases of construction and should be ready to open by the end of summer. The park will have a 25 acre lake, play structures, a tot lot, bathrooms and a large picnic pavilion that will be able to accommodate up to 1,000 guests for corporate picnics and other events.

Jan. 22, 2012 For anyone interested, an article entitled “Gaming’s spread no threat to Strip” can be found at http://www.lvrj.com/business/gaming-s-spread-no-threat-to-strip-137844573.html.

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Monday January 16, 2012 by admin.

Today is the Martin Luther King Jr. holiday. Most government offices plus some banks and libraries are closed. Here’s some of the news relevant to or about Las Vegas Nevada that came out during the last week:

Jan. 09, 2012 It’s been reported that the Siegel Group, owner of the boutique Artisan, Gold Spike, and Rumor properties, has acquired the former Atrium Suites on Paradise for $4.2 million. The property comprises 202 suites, each in excess of 500 square feet, and also features conference and exhibition space, plus amenities including a restaurant and lounge, fitness center, and pool.

                      A group comprising John Vipulis, an original investor in the attraction, and contractor M.J. Dean Construction Inc., among others, has received court approval to purchase the bankrupt Las Vegas Mob Experience at the Tropicana, which ran up $20 million in debts during its first year of operations.

Jan. 10, 2012 This year’s Consumer Electronics Show has drawn an unprecedented 3,100+ exhibitors and is expected to draw more than 140,000 attendees.

Jan. 11, 2012 After a six year run, the Las Vegas show, Phantom: The Las Vegas Spectacular will end its run at the Venetian September. 2th.

Jan. 12, 2012 It’s been reported that Cantor Gaming, which already controls the race and sports books in M Resort, Venetian, Palazzo, Tropicana, and Hard Rock, has been approved by the Gaming Control Board to take over operations at the Palms, where an all-new facility will be constructed, featuring the company’s signature in-line mobile wagering service.

Jan. 13, 2012 It’s been officially announced that "Hell’s Kitchen" chef Gordon Ramsay will open a steakhouse at Paris Las Vegas — Gordon Ramsay Steak — in approximately three months.

Jan. 14, 2012 It was reported that after receiving no counterbids, U.S. Bankruptcy Court Judge Mike Nakagawa has approved the sale of the Nevada Cancer Institute to the University of California, San Diego.

Jan. 15, 2012 Congratulations to Miss Wisconsin Laura Kaeppeler who was crowned Miss America during the 2012 Miss America Pageant in the Theater for the Performing Arts at Planet Hollywood last night.

                     It’s been reported that federal prosecutors may have cracked opened the door for individual U.S. states to operate Internet poker websites without Congress passing online poker legislation.

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Monday January 9, 2012 by admin.

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

Jan. 02, 2012 New Year New Name - the name of the Las Vegas Hilton officially changed to the LVH-Las Vegas Hotel & Casino.

Jan. 03, 2012 For those thinking of starting a business in Las Vegas, the business license application process in Las Vegas has been consolidated into one building and streamlined from 30 days down to a little more than a week, said a city official at the new Las Vegas Development Services Center at 333 N. Rancho Drive.

                     A growing number of Nevada companies say they expect to hire in the first three months of 2012.

                     The total gross gaming revenue in Macau ($33.5 billion in 2011) will be approximately 5.5 times the gross gaming revenue generated on the Las Vegas Strip and the rate of growth in Macau will be roughly 10 times the rate on the Vegas Strip according to Grant Govertsen, the principal for the Macau based Union Gaming Group.

Jan. 04, 2012 Housing analyst Dennis Smith of Home Builders Research reported that new-home construction in Las Vegas is down about 85 from where it was five years ago. Through November, local home builders had pulled 3,348 permits, compared with 23,200 in 2006.

                     Sam Nazarian apparently plans to reopen the Sahara as a luxurious boutique hotel "sooner than later" and will be rebranded as SLS Vegas, part of his SBE empire.

Jan. 05, 2012 It was reported that traffic deaths in Nevada fell to 243 in 2011, the lowest number of people killed on state roads since 1986 when the state population was one-third of what it is today.

                     It was also reported that J.W. Marriott in Summerlin and Loews Lake Las Vegas have both defaulted on their debts. The future of these hotels is not know at this time.

Jan. 06, 2012 After 2 years of speculation and rumor, Van Halen has announced dates for an extensive U.S. tour that includes a stop at the MGM Grand Garden Arena on May 27. The band lineup will be the same one it featured during its 2007/2008 tour, with frontman David Lee Roth, guitarist Eddie Van Halen, drummer Alex Van Halen, and bassist Wolfgang Van Halen.

Jan. 07, 2012 A recent report by state gaming regulators compiled statistics from 256 casinos statewide that grossed $1 million or more in gaming revenue in fiscal 2011. Nevada’s highest-grossing casinos generated a combined net loss of $3.99 billion on total revenues of $22 billion which 16.4% net loss increase over fiscal 2011.

                     Bally Technologies Chief Executive Officer Richard Haddrill has been elected to a two-year term as chairman of the American Gaming Association.

Jan. 08, 2012 Had he lived, Elvis Presley, the King of Rock n Roll, would be turning 77 today and Pete Vallee, who performs as "Big Elvis" at Bill’s Gamblin’ Hall & Saloon and who was recently named among the top ten Elvis impersonators of all time by Time Magazine, hosted a birthday bash during all three shows in the afternoon with flowers for the ladies, giveaways, and appearances by special guests.

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Monday January 2, 2012 by admin.

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

Dec. 26, 2011 Home Builders Research Inc. said the November sales of  new homes in the Las Vegas area total was off slightly from 367 transactions in October. The 365 sales were also down from November 2010.

                      A Colorado man who found $10,000 before boarding a flight in Las Vegas says he returned the money to the owner because he wanted to show his children it was "the right thing to do."

Dec. 27, 2011 Prudential Americana Group owner and broker Mark Stark said that the inventory of bank-owned homes in Las Vegas is shrinking and that the market will lean more toward short sales in 2012.

                     The number of people passing through McCarran International Airport, arriving and departing rose 3.9% in November from one year ago to 3.3 million.

Dec. 28, 2011 Home Builders Research reported that the median price of a new home in Las Vegas increased 2% in November from a year ago to $204,441 although sales remained at the lowest level on record.

Dec. 29, 2011 A pair of Houston co-workers settled a lawsuit over the rights to a $12.7 million Megabucks jackpot won at the Aria nearly a year ago for an confidential amount.

Dec. 30, 2011 Nationally the number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. In Las Vegas, Greater Las Vegas Association of Realtors President Paul Bell said he’s noticed a trend that more homes are going into contract since early November, and expects December’s escrow closings to be the highest in several years.

                     France’s XL Airways says it will bring back its nonstop Las Vegas to Paris flights in the spring.

Dec. 31, 2011 New Year’s Eve

                     A new Las Vegas ordinance was approved to make banks take responsibility for the blight that stems from the housing market crash.

Jan 01, 2012 Happy New Years - Have a great 2012!

                    Over 300,000 squeezed onto the Las Vegas Strip at midnight to see about 56,000 total fireworks go off the roof or towers of 8 Las Vegas Strip Hotels. Police only arrested 57 of those for misdemeanor offenses.

                    SBE Entertainment operated Hyde Bellagio Lounge opened today in a 10,000 square foot space overlooking the Fountains at Bellagio that once was the Fontana Bar.

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Monday December 26, 2011 by admin.

Here’s some of the news relevant to Las Vegas that came out last week that ended yesterday on Christmas Day:

Dec. 19, 2011 Studio 54 at MGM, which had been due to close Jan. 8, will now remain open through Feb. 4, 2012. The club is open from 10 p.m., Tuesday through Saturday.

                     Oscar Goodman’s (former Las Vegas mayor) signature steakhouse opened at the Plaza

Dec. 20, 2011 Happy Hanukkah - One giant menorah was lit up tonight under the Fremont Street Experience canopy to welcome the first night of Hanukkah

                     President Barack Obama signed into law today a bill that extends hydropower allocations from Hoover Dam for another 50 years and makes a portion of its electricity available to new customers.

                     The Clark County Board of Commissioners approved a $333,000 contract to extend a corridor that will be used by deplaning passengers from outside the United States. This will increase the number of international gates from six to seven.

Dec. 21, 2011 Boxer Floyd Mayweather Jr. was sentenced to six months in jail on a misdemeanor count of battery constituting domestic violence after pleading guilty Wednesday in Las Vegas Justice Court.

                     The Gold Coast Hotel & Casino celebrated its silver (25th) anniversary today.

Dec. 22, 2011 Las Vegas was ranked the No. 1 travel destination on Travel Leaders’ list of the top domestic destinations already being booked for 2012.

Dec. 23, 2011 The Nevada Gaming Commission has voted in favor of regulations that could pave the way toward Nevada becoming the first state to allow legal Internet-poker gambling within state borders and set the standard for regulatory controls.

Dec. 24, 2011 Christmas Eve - It was reported that the United Way of Southern Nevada brightened the holidays of more than 2,000 needy families this week with the help of a generous Secret Santa who donated $1 million to the charity. Each of the more than 2,000 needy families received a $500 Visa gift card.

                      The Department of Justice issued a 13-page opinion declaring that Internet gambling is legal between states where gambling is legal. The opinion is being hailed as a major step toward legalization, as it would allow states with legalized gambling (most) to work together to allow online gambling across state lines. Apparently, sports betting will still be prohibited, but the door appears to be open for poker and other forms of gambling.

Dec. 25, 2011 Merry Christmas – No real news and no snowfall in the Las Vegas area which has only seen a trace of snow three times in the last seven decades (1941, 1988 & 2008) -  I hope everyone had a great holiday weekend.

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Monday December 19, 2011 by admin.

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

Dec. 12, 2011 Winnings for Las Vegas Strip casinos were up 13.3% at nearly $561 million for October compared with October of last year. Downtown casinos posted an 8.1% increase in October.

Dec. 13, 2011 Hotwire.com has named Las Vegas the #3 Top Deal destination for New Year’s Eve, citing average nightly room rates of $139. Orlando was the surprise winner, with rooms as cheap as $64. New York came in second, although the nightly rates there were $221.

Dec. 14, 2011 Industrial Road is going to have it’s name changed to Sammy Davis Jr. Parkway, leaving Joey Bishop and Peter Lawford the only two Rat Packers yet to have Vegas streets named for them.

Dec. 15, 2011 The Mirage is now offering a new Yoga with the Dolphins class at the Dolphin Habitat. More later.

Dec. 16, 2011 The Las Vegas’ MotorSpeedway’s multi-grooved wide racing surface, which heightened the dangers of pack racing on a high-banked oval, was singled out as a significant factor in a "perfect storm" of conditions that led to the death of two-time Indianapolis 500 winner Dan Wheldon in October, casting doubt over whether IndyCar racing should ever take place again at the track. IndyCar CEO Randy Bernard already has bought his way out of Year 2 of the Las Vegas contract, while the third and final year of the lease agreement is up for review pending further investigations.

                    The Cosmopolitan, whose casino operations have struggled since opening, has debuted a new high-limit room called The Talon Club which has exclusive hand-selected spirits in addition to high-stakes wagering.

Dec. 17, 2011 Blue Oasis Shrimp Farm, owned by Ganix Bio-Technologies, in July celebrated the grand opening of its 30,000-square-foot, $5 million operation miles north of the Strip.

                     Though not specific to Las Vegas, the rate on the most common type of mortgage hit a new low this week, as investors try to figure out what’s in store for the global economy.

Dec. 18, 2011 Nothing worth reporting for today but with a week before Christmas who cares.

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