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
6 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.
Eva Longoria's Las Vegas Nightclub Files for Bankruptcy
A Las Vegas nightclub partly owned by "Desperate Housewives" actress Eva Longoria has filed for bankruptcy, claiming that it's losing $76,000 a month.
Verizon to Unveil 4G Android Smartphone and Tablet in January?
Verizon Communications will unveil a 4G Android smartphone and a tablet at the Consumer Electronics Show in Las Vegas next month, InformationWeek predicts. Could the new products help Verizon gain market share against the Apple iPhone and iPad?
Casino Heists: Criminals Are Flush With Creative Ideas
A robber this week swept $1.5 million worth of gambling chips off a table at the Bellagio in Las Vegas and escaped by motorcycle -- in under three minutes. Such temptations can be overwhelming for those looking for a quick win. Here are some of the biggest jobs of the last few years.
Motorcycle Robber Steals $1.5M in Bellagio Casino Chips
In the 10th Las Vegas casino robbery this year, an armed man stole about $1.5 million in betting chips from the Bellagio hotel early Tuesday morning and escaped on a motorcycle. No shots were fired and no one was injured.
The Human Toll of America's New Ghost Towns
The depressing economic statistics about housing in America are well known, but the numbers don't tell nearly the whole story. In this series, DailyFinance takes a look at troubled neighborhoods in cities across the country, where the lingering foreclosure crisis means empty houses, frustrated residents and broken dreams.
Harry Reid Goes All In for Online Poker
The Nevada Democratic Senator is trying to introduce legislation that would legalize online poker gambling. Advocates say Congress's lame-duck session could provide an opening for the bill, while opponents put its chances at slim to none.
A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]
Las Vegas has always been a place of dreams, promising that pennies can turn into fortunes, cities can rise from the desert, and property values can rise without limit. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than any other place in the country.
Harrah Eyes $531.3 Million IPO And Plans to List Shares Under New Name
Harrah's Entertainment hopes to hit a $531.3 million jackpot when it launches its IPO, and the company is betting heavily on its new name change to Caesars Entertainment.
Harrah's Will Go Public, Sell as Much as $575 Million in Shares
Harrah's Entertainment Inc. said it plans to sell shares to the public, almost three years after the casino operator was taken private by Apollo Global Management and TPG.
For Some, 10/10/10 Isn't Like Any Other Day
Some people think October 10, 2010 -- or 10/10/10 -- will be a special day. Here's a look at what's happening on that date.
General Growth Properties Reaches $230M Deal With Hughes Heirs
GGP agreed to pay $230 million to the Hughes heirs in exchange for full release and settlement of all claims against GGP and affiliates. Ten million dollars will be paid in cash, with the rest paid in either cash or common shares.
Gambling at Casinos With Welfare Money?
In California and Michigan, welfare recipients use their Electronic Benefit Transfer cards to withdraw the funds from ATM machines in casinos. If they proceed to roll the dice with the money, wouldn't this be state-backed gambling?
