Tuesday, June 18 2013 8:13 PM EDT2013-06-19 00:13:36 GMT
PAHRUMP, Nev. -- A fight between senators in Washington, D.C., could resurrect the controversial Yucca Mountain nuclear storage project in Nye County. Nye County leaders met Tuesday to support the openingMore>>
A fight between senators in Washington, D.C., could resurrect the controversial Yucca Mountain nuclear storage project in Nye County.More>>
Wednesday, June 19 2013 1:22 AM EDT2013-06-19 05:22:23 GMT
LAS VEGAS -- US Thrill Rides LLC Incorporated has submitted plans to the FAA to create a 650-foot roller coaster near the Tropicana Hotel. The Florida based company is remaining tight lipped on any ofMore>>
US Thrill Rides LLC Incorporated has submitted plans to the FAA to create a 650-foot roller coaster near the Tropicana Hotel.More>>
Tuesday, June 18 2013 10:49 PM EDT2013-06-19 02:49:28 GMT
LAS VEGAS -- Clark County Fire Department is battling a fire at a house near Russell Road and Spencer Street. According to the fire department's website, the fire started at around 4:30 p.m. Tuesday.More>>
A grass fire ignited a house in the 5400 block of Escondido Street, near Russell Road and Spencer Street, Tuesday afternoon.More>>
Tuesday, June 18 2013 9:50 PM EDT2013-06-19 01:50:28 GMT
LAS VEGAS -- A Las Vegas Metropolitan Police officer has been relieved of duty after pleading guilty to charges of possession of a controlled substance. Officer Ramin Amely was charged with two felonyMore>>
A Las Vegas Metropolitan Police officer has been relieved of duty after pleading guilty to charges of possession of a controlled substance.More>>
Tuesday, June 18 2013 7:14 PM EDT2013-06-18 23:14:30 GMT
LAS VEGAS -- Three major resort projects in Las Vegas could be the boost the local economy needs. The construction and hospitality industries have struggled since the recession, but signs of a reboundMore>>
Three major resort projects in Las Vegas could be the boost the local economy needs. The construction and hospitality industries have struggled since the recession, but signs of a rebound are emerging.More>>
Tuesday, June 18 2013 7:08 PM EDT2013-06-18 23:08:21 GMT
LAS VEGAS -- Clark County residents could soon be paying nearly 3 cents more a gallon for fuel, depending on a decision by county commissioners. The Nevada Legislature recently approved a bill that allowsMore>>
Clark County residents could soon be paying nearly 3 cents more a gallon for fuel, depending on a decision by county commissioners.More>>
Tuesday, June 18 2013 6:18 PM EDT2013-06-18 22:18:45 GMT
LAS VEGAS -- A domestic violence nonprofit organization that helps rescue women from violent relationships, is now itself in need of saving. Safe Faith United might have to shut its doors July 1 becauseMore>>
A domestic violence nonprofit organization that helps rescue women from violent relationships, is now itself in need of saving.More>>
Tuesday, June 18 2013 5:26 PM EDT2013-06-18 21:26:50 GMT
HENDERSON -- Imagine tens of thousands of children around the world learning to swim all at the same time. That's what happened Tuesday as part of "The World's Largest Swimming Lesson." The swimmingMore>>
Imagine tens of thousands of children around the world learning to swim all at the same time. That's what happened Tuesday as part of "The World's Largest Swimming Lesson."More>>
Tuesday, June 18 2013 3:33 PM EDT2013-06-18 19:33:34 GMT
LAS VEGAS -- Motorcyclists and local authorities are using "Ride to Work" day to remind everyone to share the road. This year, there has been 16 motorcycle deaths in Nevada. John Cahill is an experiencedMore>>
Motorcyclists and local authorities are using "Ride to Work" day to remind everyone to share the road.More>>
SAN FRANCISCO -- Shares of MGM Resorts International rose Monday after a Sterne, Agee & Leach analyst said that the casino company believes its revenue per available room on the Las Vegas Strip is climbing in the third and fourth quarters compared with a year ago, and indicated it currently has more hotel room nights booked for the first quarter than it did at this time last year.
MGM Resorts shares rose 46 cents, or 3.8 percent, to $12.61 in afternoon trading. In a note to clients, Sterne Agee analyst David Bain said that MGM management said in meetings that, even without adding in resort fees, it thinks its revenue per available room will climb in the second half of 2010. Still, the company noted that fourth-quarter results include much traffic in the last week of the period -- a week Bain thinks comprises 15 percent of its results for the quarter and that MGM has "little visibility on."
The analyst also said that it has 30 percent more room nights booked for the first quarter of next year than it did at the same time in 2009, and 40 percent more room nights booked for convention and group events.
Bain added that McCarran International Airport in Las Vegas reported 2 percent year-over-year growth in passengers for October, which marks the airport's third rise in 36 months.
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