Wynn Las Vegas Opens on Strip The $2.7 billion Wynn Las Vegas resort casino opened on the Strip April 28, featuring a manmade mountain, a three-acre lake with fountains and waterfalls, and a 2,087-seat water-based theater with a pool that transforms to a stage. The 50-story tower also includes upscale retail shops and businesses, including a Ferrari-Maserati dealership and 18 … [Read more...] about June 2005: Nevada Briefs
Nevada’s Door “Wide Open”: Tourism Picture Bright
No doubt about it, visitor volume is up. Nevada topped 50.5 million visitors in 2004, an all-time record – and they all brought money. Tourism is Nevada’s No. 1 industry, contributing more than $40 billion to the state’s economy, including $10 billion in gross gaming revenue. "A gradual climb" is probably the best way to describe post 9/11 tourism in Nevada. With a few ups … [Read more...] about Nevada’s Door “Wide Open”: Tourism Picture Bright
The New Bankruptcy Law: What’s It All About?
One of the most controversial bills to pass through Congress of late is the bankruptcy reform legislation President Bush recently signed.The new law will make it more difficult for individuals to qualify for Chapter 7 bankruptcy and avoid their debts. What does this mean? Individuals normally file either Chapter 7 or Chapter 13 bankruptcy. Chapter 7 allows a person to keep … [Read more...] about The New Bankruptcy Law: What’s It All About?
International Outreach: Bringing Countries and Cultures Closer
Most everyone around the world knows Nevada. Whether it is the brilliant sparkle of the Las Vegas Strip, the blue waters of Lake Tahoe or the endless beauty of our wide-open spaces, Nevada has a remarkable global reputation. But where will our next generation find new visitors? How will the growth of our super-charged tourism economy be fueled in the future? I can answer … [Read more...] about International Outreach: Bringing Countries and Cultures Closer
Water-Smart Landscaping Makes Cents: Dealing with Nevada’s Drought
Nevada’s streetscapes and yards are changing. Once embellished with greenbelts, trees and shrubs, they now boast different types of ground cover, multiple plant groupings, varying elevations and even streams. The concept behind the new look is water conservation. Increasing numbers of residential and commercial property owners are choosing water-smart, or water-efficient, … [Read more...] about Water-Smart Landscaping Makes Cents: Dealing with Nevada’s Drought
Industry Focus: Credit Unions – CEOs Speak Out
Nevada Business Journal invited credit union CEOs for a first-ever meeting to discuss their industry and its unique outlook and challenges. Nine representatives of Nevada credit unions met recently at the Four Seasons for a freewheeling discussion about the structure and history of credit unions, current legislative issues and their ongoing struggles with competition from … [Read more...] about Industry Focus: Credit Unions – CEOs Speak Out
Banking on Security: Preventing Assault Beyond the Vault
It’s a real-life game of "cops and robbers," and the rules change faster than they’re written. While the storied "stick-ups" of old-West bank robberies exist in modified form even today, the bank vault no longer represents the ultimate treasure trove. Crooks have more "career options" than ever before. There are fraudulent checks to pass, "phishing" schemes to devise and … [Read more...] about Banking on Security: Preventing Assault Beyond the Vault
May 2005: Building Nevada Briefs
Distribution Company to Build New Reno Facility Hopkins Distribution Company has signed a lease with DP Partners for a new 220,000-square-foot facility in the South Meadows Business Park. Established in 1993, locally owned Hopkins Distribution Company provides warehousing, logistics and distribution consulting services for manufacturing companies, freight shippers, freight … [Read more...] about May 2005: Building Nevada Briefs
Nevada Title Company: Local Firm Succeeds in Competitive Industry
When Terry Wright came to Las Vegas in 1976 to manage a national title company, he quickly found that the planning and decision processes of the title business were usually reserved for administrators at out-of-state corporate headquarters. With this in mind, Wright decided to follow his heart and founded his own firm – Nevada Title Company. The business has since become one of … [Read more...] about Nevada Title Company: Local Firm Succeeds in Competitive Industry
Nevada’s Retail Market: Challenges Lead to Creative Solutions
In Northern Nevada, retail is climbing toward the mountains, with a retail lifestyle center proposed at the base of Mt. Rose Highway. In Southern Nevada, it’s climbing toward the sky, with several proposed multi-story retail projects and residential high-rise buildings with retail components on the ground floors. Land in Nevada’s metro areas is scarce, precious and going … [Read more...] about Nevada’s Retail Market: Challenges Lead to Creative Solutions
May 2005: Business Indicators
U.S. job growth is up 1.8 percent over a year ago, with the U.S. unemployment rate hovering in the mid-5 percent range. This is an improvement from last year’s conditions, particularly for job growth. Still, job conditions in Nevada remain better than nationally, and have done so for some time. Job growth in Nevada increased briskly during the last year, up 6.8, 7.6 and 5.2 … [Read more...] about May 2005: Business Indicators
May 2005: Business Up Front
Higher Co-Pays Lead Insurance Changes More than 58 percent of consumers cite higher co-payments for prescription drugs and physician visits as the most significant change to their health insurance coverage during the past year, according to a recent online survey conducted by Weiss Ratings, Inc., an independent provider of ratings and analyses of financial services companies, … [Read more...] about May 2005: Business Up Front
Family and Child Treatment: Helping Heal the Hurt
Family and Child Treatment (FACT) is a nonprofit United Way agency dedicated to helping children, adults and families overcome and heal the traumas of abuse, neglect and violence. The organization was formed by the merger of two United Way counseling programs – one dealing with treatment of child sexual abuse and the other dedicated to family counseling. FACT has provided … [Read more...] about Family and Child Treatment: Helping Heal the Hurt
From Boardroom to Classroom: Executives Go Back to School
For Nevada executives wanting to boost their earning potential, advance their careers or switch fields, additional education – particularly an advanced degree – may be just the ticket. "A degree adds an additional element of capability and opportunity for success," said Dr. Keith Evans, the director of Regis University’s Las Vegas campus. But with executives working long … [Read more...] about From Boardroom to Classroom: Executives Go Back to School
May 2005: Face to Face
Name: Cornelius Eason Title: President Company: Priority Staffing USA Type of Business: Employment services, temporary staffing, executive recruitment Location: Las Vegas Years in Nevada: 7 Years with Company: 7 Biggest Business Challenge: Managing the transformation of a start-up business as it grows, without losing the flexibility and creativity that … [Read more...] about May 2005: Face to Face