Nevada and gaming go together like peanut butter and jelly. The industry has been Nevada’s foundation for so long it’s hard to think of one without the other. However, as gaming changes, Nevada has found itself adapting and learning to find new ways to earn revenue in a market that, it would appear, everyone wants a piece of. The bill allowing online poker in Nevada was … [Read more...] about Betting on Gaming in Nevada
Las Vegas business
An Industry Revived: Commercial Real Estate in Nevada
Nevada’s commercial real estate market has hit bottom and is recovering, albeit gradually and with some sectors stronger than others, experts said. Due to a confidence that the market is on the upswing, investors and tenants are willing to buy and lease. In fact, brokers completed some sizable deals in 2013, including the sale to Genting Berhad, a Southeast Asia casino … [Read more...] about An Industry Revived: Commercial Real Estate in Nevada
Seven Pitfalls To Avoid When Negotiating Business Contracts
1) Letters of Intent A “non-binding” letter of intent is commonly pursued when parties begin business discussions. Unfortunately, if one of the parties has a change of heart, the letter of intent may work against those who attempt to walk away. Certain phrases can cause the letter of intent to mean more than was originally intended. A court may interpret the letter of intent … [Read more...] about Seven Pitfalls To Avoid When Negotiating Business Contracts
January 2014: Around the State
Saint Mary’s Home Care Named in Top 25 Percent of Nation Saint Mary’s Home Care has been listed as a 2013 HomeCare Elite program which ranks the top-performing home health agencies in the nation. The home care program has been listed in the top 25 percent for providing quality healthcare service to the Northern Nevada community. Agencies in the listing are ranked by an … [Read more...] about January 2014: Around the State
Odds for success of PERS plan – Roughly 1 in 12 Quintillion: Nevada Retirees Risk Seeing Their Benefits Reduced as Money Runs Short
Aside from death and taxes, there are no sure things in life. Everything we do involves an element of risk. The question then becomes: How much risk is reasonable, given the stakes? In the private sector, most entrepreneurs have risked tens of thousands of dollars — or sometimes even tens of millions of dollars — pursuing opportunities to grow their businesses. They … [Read more...] about Odds for success of PERS plan – Roughly 1 in 12 Quintillion: Nevada Retirees Risk Seeing Their Benefits Reduced as Money Runs Short
Elko’s Annual Boost: National Poetry Gathering Promotes Economic Development
As Nevada prepares to celebrate its 150th birthday in 2014, Elko’s National Cowboy Poetry Gathering is commemorating 30 years of presenting the artistic traditions of ranching and cowboy culture of the American West. Held the last week of January each year, the event brings thousands of visitors to Elko. From its inception, the gathering defied expectations. In 1985, the … [Read more...] about Elko’s Annual Boost: National Poetry Gathering Promotes Economic Development
Nevada Real Estate & Development Report: January 2014
New Year - New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We appreciate all the brokers who continue to send us their … [Read more...] about Nevada Real Estate & Development Report: January 2014
What’s your New Year’s Resolution?
“New Year’s resolutions are made to be broken! Instead, I like to establish a New Year’s “theme” to help me refocus my priorities each year. I have declared 2014 the “Year of Breaking Boundaries!” Kelley Goldberg | Shareholder, Intellectual Property Group Brownstein Hyatt Farber Schreck LLP “The goal I have for 2014 is to step up one of my original goals when I first … [Read more...] about What’s your New Year’s Resolution?
Nevada Needs a Court of Appeals: Businesses Should Support 2014 Ballot Question
The November 2014 ballot will contain a proposal to amend the Nevada Constitution and create a court of appeals (appellate court). Those of you who have been reading my columns awhile know that 99 percent of the time I’m a passionate supporter of smaller government. However, this is one case where adding a layer of government actually makes sense. Currently, any case that’s … [Read more...] about Nevada Needs a Court of Appeals: Businesses Should Support 2014 Ballot Question
Nevada’s 2014 Economic Forecast: The Way the Wind Blows…
When it comes to fortune telling, nothing is ever certain, but a handful of industry experts share their thoughts on Nevada’s economy in 2014. This year’s predictions offer more good news than has been reported in Nevada Business Magazine’s annual Economic Forecast in the last few years. While most business executives are proceeding with caution, they seem to agree the worst of … [Read more...] about Nevada’s 2014 Economic Forecast: The Way the Wind Blows…
A Primer on Estate Planning: Be Prepared
Estate planning is one of those tasks everyone knows is important, but few do eagerly. After all, staring the Grim Reaper in the face to figure out how to distribute assets isn’t fun. However, postponing the decisions is a mistake. Jeffrey Burr, an attorney specializing in estate planning, explained many of the threats that lurk. “Just being unprepared” tops the list, he … [Read more...] about A Primer on Estate Planning: Be Prepared
Industry Focus: Mining
Mining in Nevada is an industry that has been thriving despite the economic instability of the past several years. Nevertheless, the industry still faces many challenges ranging from public perception and workforce outlook to restoration and regulatory delays. Mining executives representing companies from the industry recently met at the Reno offices of City National Bank to … [Read more...] about Industry Focus: Mining
The Role and Responsibilities of State Officers
In Nevada, six constitutional officers comprise the state government’s executive branch. They are the governor, lieutenant governor, attorney general, secretary of state, state treasurer and state controller. All are elected to four-year terms and may serve a maximum of two terms. Next year, Nevadans will vote for all positions but governor. The primary obligation of these … [Read more...] about The Role and Responsibilities of State Officers
Fueling Our Future
As Southern Nevada rebounds from the recession, it has become a community that is much more engaged and collaborative with the goal of making the Valley a better and more vibrant metropolis. Businesses, local governments and community organizations work together, now more than ever, to help improve, grow and diversify our economy. This spirit of collaboration, genuine love … [Read more...] about Fueling Our Future
Tina Perchetti: LP Insurance Services, Inc.
Northeastern Nevada Division Leader Elko https://www.lpins.net/ How did you first get into your profession? I was a commercial bank executive and was actually soliciting LP when the tables turned and I found myself joining their team instead. What do you like most about your industry? I like that our business is relationship-based (my clients become a part of my … [Read more...] about Tina Perchetti: LP Insurance Services, Inc.