The Boring Company’s drill completed the 4,475-foot first tunnel of the underground people-mover system at the Las Vegas Convention Center on Thursday.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
MGM Resorts generates about 30 percent of its revenue from its two Macao properties.
Representatives of the LVCVA board are concerned about price gouging on parking during the NFL draft, but shuttles and free lots may help solve that problem.
Expenses will go toward public safety, transportation, county permits and volunteer-related costs for the April 23-25 event expected to draw more than 600,000.
The first convention customers began using the new two-story, 430,000-square-foot meeting space at Wynn Las Vegas Monday and the company already has bookings lined up out to 2028.
The people mover at the Las Vegas Convention Center could be a transportation game-changer, but it would be helpful if the developers told us more about it.
The Madison Square Garden Company said the cost of the state-of-the-art entertainment venue at The Venetian will climb, but improvements will enhance the guest experience.
The closure of its Macao properties because of the spread of coronavirus is costing Wynn Resorts Ltd. between $2.4 million and $2.6 million a day, CEO Matt Maddox said Thursday.
Regional gaming giant Penn National has been sidetracked by recent deals, but is still intent on selling the Tropicana while urging its customers to go to M Resort.
A Las Vegas Sands executive, the CEO of Affinity Gaming and a member of Wynn Resorts’ board are recommended for licensing by the Nevada Gaming Control Board.
The Las Vegas Convention and Visitors Authority next week will consider spending $2.4 million to host the NFL Draft April 23-25 on the Strip.
Las Vegas Sands Chief Operating Officer Rob Goldstein told the state Gaming Control Board that 35,000 Macao employees are affected by the casino closures.
The head of the U.S. Travel Association says travel should continue during the outbreak of the coronavirus despite current fears and the pleas of Chinese travel companies for visitors to stay away from China.
Red Rock Resorts, parent company of Station Casinos, reported a decline in earnings despite a rise in income in the company’s fourth quarter.
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