A Davos Grows in the Desert: Why the SkyBridge Conference Matters
Hedge fund manager Anthony Scaramucci has elevated his Skybridge Alternatives confab in Vegas into a conference of big ideas.
las vegas
7 Millionaires Who Lost It All, but Came Back
Just because you've attained wealth doesn't mean you'll keep it. Even the richest of the rich aren't immune from sudden -- and complete -- plunges in net worth.
Guns for Valentine's Day: The Latest Idea From Las Vegas
After the Sandy Hook tragedy, businesses across the country pulled back from flippant gun-related promotions. But in Las Vegas, where the outrageous and the romantic go hand in hand, gun ranges are offering a full clip of high-powered Valentine's Day offers.
U.S. Home Prices Rising in August Evidence of Steady Housing Recovery
Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery.
Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?
If you thought Vegas was where the big gamblers went to play, you're behind the times. Sin City has been blown past by another exotic destination once infamous for corruption and mob activity. But you probably won't be heading there to play baccarat any time soon.
CES 2012 Preview: Fast, Connected, and Ultra-Thin
The motto of this year's Consumer Electronics Show: You can't be too fast, too skinny or too connected. Beginning Tuesday, anorexic HDTVs and super-skinny laptops will vie for attention with accelerated WiFi devices and TVs that smartly connect to multiple devices simultaneously.
Microsoft Ends Its CES Era: 2012 Keynote Will Be Its Last
For the past 14 years, Microsoft has kicked off the Consumer Electronics Show in Las Vegas with a a keynote address that set the tone for the exposition where tech companies showcase their latest wares. But Microsoft is announcing that next month's show will be its last.
The Painfully High Price of Gambling Addiction
The severity of America's gambling addiction isn't too far behind the nation's drug problem, and it's growing. In 2007, Americans lost more than $92 billion gambling, almost 10 times more than what U.S. moviegoers spent on tickets -- and about nine times what they lost 15 years earlier.
For Las Vegas Sands, the House Edge Is Global Reach
Las Vegas Sands benefits from being more geographically diversified than its major competitors. With a casino resort presence that spans the U.S., Macau and Singapore, LVS is a strong player that can ride out local downturns, and one stock analysis firm thinks its stock is undervalued by 10% to 15%.
New York Cabbies Fare Badly as Gas Prices Soar
With gas prices shooting ever higher, cities such as Chicago, Las Vegas and Miami have either allowed cab drivers to levy fuel surcharges or are considering them. But in New York, where the drivers of the nation's largest cab fleet are struggling to make ends meet, officials say a surcharge isn't even being considered.
Cash In on Asian Gambling With Shares of Las Vegas Sands
Singapore is expected to overtake South Korea and Australia this year to become the second-largest Asia-Pacific casino market behind reigning leader Macau. For U.S. investors looking to profit, Las Vegas Sands looks nicely positioned.
Sin City Regains Popularity: Las Vegas Attracted 2.7% More Visitors in 2010
More visitors made their way to Sin City last year compared to 2009, helping to boost room rates at Las Vegas hotels -- even though hotel occupancy actually fell.
2010 Foreclosures by City: Las Vegas Still No. 1
Las Vegas topped the U.S. foreclosure list for 2010. And while foreclosure activity increased from 2009 in most of the nation's largest metropolitan areas, it actually decreased slightly in the worst hit cities.
Beyond TVs: Vizio Now Sees Big Growth in Small Screens
Now the No. 1. U.S. seller of LCD TVs, Vizio is setting its sights on the smartphone and tablet computer markets. But will its low-cost business model translate to the mobile electronics market? That's not a sure bet, but it'll be interesting to watch.