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Keystone Nevada Korner

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Home » Business Columns

Business Columns

Not every casino boss in Las Vegas wants to sell, lease back resort

February 18, 2023 by Eli Segall

Selling a casino to a landlord for a mountain of cash sounds pretty tempting. There are also some big strings attached — and not every hotel boss in Las Vegas is interested right now. Executives … [Read more...] about Not every casino boss in Las Vegas wants to sell, lease back resort

Filed Under: am post, Business, Business Columns, mc-business, Real Estate Insider, Tourism & Gaming Tagged With: am post, Business, Business Columns, Fontainebleau Las Vegas, mc-business, Real Estate Insider, Stations Casinos

Nevada’s real estate transfer tax could climb — but many big sales don’t generate any

February 4, 2023 by Eli Segall

From Bellagio and The Cosmopolitan of Las Vegas to the Rio, Palms and beyond, numerous Las Vegas properties sold for huge sums without producing a dime of real estate transfer taxes. The result is … [Read more...] about Nevada’s real estate transfer tax could climb — but many big sales don’t generate any

Filed Under: am post, Business, Business Columns, Legislation, mc-business, Real Estate Insider Tagged With: am post, Business, Business Columns, mc-business, Nevada Real Estate Transfer Tax, Real Estate Insider, Senate Bill 68

Commercial gaming growth nationwide seems to have no end in sight

January 22, 2023 by Richard N. Velotta

How good has gross gaming revenue been nationwide in 2022? Extraordinarily good. While revenue records fall on a regular basis in Nevada — revenue levels are up 10.2 percent in the first 11 months … [Read more...] about Commercial gaming growth nationwide seems to have no end in sight

Filed Under: Business, Business Columns, Casinos & Gaming, Inside Gaming, mc-business, Tourism & Gaming Tagged With: Business, Business Columns, Casinos & Gaming, Inside Gaming, mc-business

LVCVA moves on after deal to build Strip resort fails

January 14, 2023 by Richard N. Velotta

The books have been closed on the failed deal that would have brought a 50-story, 2,000-room resort next to the Fontainebleau Las Vegas. Las Vegas Convention and Visitors Authority President and CEO … [Read more...] about LVCVA moves on after deal to build Strip resort fails

Filed Under: Business, Business Columns, Casinos & Gaming, Inside Gaming, mc-business, Tourism, Tourism & Gaming Tagged With: Business, Business Columns, Casinos & Gaming, Claudio Fischer, Inside Gaming, mc-business, SBCNoticias, Sun Dreams, tourism

Sale of Mirage shines light on high-priced casino rents on Strip

December 24, 2022 by Eli Segall

When The Mirage changed hands this week, it marked the beginning-of-the-end for its iconic volcano attraction. The sale also shed more light on a growing, lucrative real estate trend on Las Vegas … [Read more...] about Sale of Mirage shines light on high-priced casino rents on Strip

Filed Under: am post, Business, Business Columns, Has Video, mc-business, Real Estate Insider, Tourism & Gaming Tagged With: am post, Business, Business Columns, Hard Rock International, Has Video, mc-business, MGM Resorts International, MGM The Mirage, Real Estate Insider

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Rural Nevada

Weather may have slowed January sales

April 8, 2023 By Courtney Holland

By The Record Courier Staff, April 4, 2023 For the third month in a row, Douglas County merchants reported a decrease in taxable sales, though not … [Read More...] about Weather may have slowed January sales

30 new projects in Pahrump: Arby’s, Chipotle, Midas Muffler, 3 convenient stores & more

March 29, 2023 By Courtney Holland

By Robin Hebrock, Pahrump Valley Times, March 28, 2023 Business is booming in the Pahrump Valley, with dozens of new companies looking to bring … [Read More...] about 30 new projects in Pahrump: Arby’s, Chipotle, Midas Muffler, 3 convenient stores & more

UPS and AVK America plan to expand in Douglas County

March 19, 2023 By Courtney Holland

Staff Reports for The Record Courier, March 17, 2023 United Parcel Service plans to build a new 168,000 square foot building in Douglas County, … [Read More...] about UPS and AVK America plan to expand in Douglas County

Redwood Materials gets $2 billion federal loan for mega battery facility near Reno

February 12, 2023 By Pauline Lee

by Jason Hidalgo, Reno Gazette-Journal, February 9, 2023 Redwood Materials just secured a commitment from the federal government for a $2 billion … [Read More...] about Redwood Materials gets $2 billion federal loan for mega battery facility near Reno

Opinion

OPINION: The Lost Art of Negotiation In Carson City

May 30, 2023 By Courtney Holland

NV Dems to Governor Lombardo: ‘Your priorities aren’t our priorities, but here are ours, sign them’ By Megan Barth, The Nevada Globe, May 26, … [Read More...] about OPINION: The Lost Art of Negotiation In Carson City

OPINION: Don’t force taxpayers to gamble with the IRS

May 30, 2023 By Courtney Holland

By Rich Robledo, Las Vegas Sun, May 21, 2023 Every year, millions of Americans visit Las Vegas to see the sights, take in a show, and even gamble … [Read More...] about OPINION: Don’t force taxpayers to gamble with the IRS

OPINION: Bipartisanship is critical in economic development

May 30, 2023 By Courtney Holland

By Tina Quigley, The Nevada Independent, May 28th, 2023 Several months ago, a friend sent me a copy of a 50-year-old local news … [Read More...] about OPINION: Bipartisanship is critical in economic development

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The views, opinions and conclusions expressed by the authors of any article or post on the Keystone Korner are those of the author and do not necessarily reflect the opinions of Keystone Corporation or its officers and board members. Moreover, any reference to a person, party, product or entity does not constitute an endorsement or recommendation by Keystone Corporation or its officers and board members.