Monday, May 21 2012 7:35 AM EDT2012-05-21 11:35:09 GMT
ALBUQUERQUE, N.M. (AP) -- Millions of people across Asia and the western United States watched as a rare "ring of fire" eclipse crossed their skies. The annular eclipse, in which the moon passes inMore>>
Millions of people across Asia and the western United States watched as a rare "ring of fire" eclipse crossed their skies.More>>
Sunday, May 20 2012 11:29 PM EDT2012-05-21 03:29:07 GMT
LAS VEGAS -- A three car accident has sent six people to the hospital. According to Metro, the accident occurred at the intersection of Tropicana Avenue and Nellis Boulevard shortly before 4:00 p.m. Sunday. TheMore>>
A three car accident sent six people to the hospital Sunday afternoon. More>>
Sunday, May 20 2012 4:36 PM EDT2012-05-20 20:36:30 GMT
LAS VEGAS -- A vacant home occupied illegally by homeless people went up in flames Sunday morning. According to the Clark County Fire Department the fire started just before 9:30 a.m. at the southwestMore>>
A vacant home occupied illegally by homeless people went up in flames Sunday morning. According to the Clark County Fire Department the fire started just before 9:30 a.m. at the southwest corner of Frank Street and Mojave Avenue.More>>
Sunday, May 20 2012 2:57 AM EDT2012-05-20 06:57:26 GMT
8 News NOW has confirmed the identity of the pilot in Friday's fatal plane crash in Boulder City as Douglas Gilliss. 8 News NOW will have more details later on this developing story.More>>
8 News NOW has confirmed the identity of the pilot in Friday's fatal plane crash in Boulder City as Douglas Gilliss.More>>
Saturday, May 19 2012 6:33 PM EDT2012-05-19 22:33:39 GMT
LAS VEGAS -- According to the Clark County Fire Department a small plane had a rough landing at the Jean Airport just south of Las Vegas. The accident happened shortly after 9:30 a.m. Saturday when aMore>>
According to the Clark County Fire Department a small plane had a rough landing at the Jean Airport just south of Las Vegas.More>>
Saturday, May 19 2012 2:09 PM EDT2012-05-19 18:09:02 GMT
LAS VEGAS -- The bridge work at U.S. 95 and Rainbow curve has been completed. The Nevada Department of Transportation says there will be no more closures this weekend.More>>
LAS VEGAS -- The bridge work at U.S. 95 and Rainbow curve has been completed. The Nevada Department of Transportation says there will be no more closures this weekend.More>>
Saturday, May 19 2012 1:56 PM EDT2012-05-19 17:56:07 GMT
LAS VEGAS -- Officials say Sophia and Anthony were the top baby name picks among Nevada parents in 2011. The Social Security Administration says the 221 babies named Sophia puts Nevada in line withMore>>
LAS VEGAS -- Officials say Sophia and Anthony were the top baby name picks among Nevada parents in 2011.More>>
Saturday, May 19 2012 12:17 PM EDT2012-05-19 16:17:11 GMT
LAS VEGAS -- The Las Vegas Fire Department responded to a fire at 3151 Soaring Gulls Drive just before 6:30 a.m. Saturday. Las Vegas Fire officials say the fire started in an upstairs condo kitchen causingMore>>
The Las Vegas Fire Department responded to a fire at 3151 Soaring Gulls Drive just before 6:30 a.m. Saturday.More>>
LAS VEGAS (AP) -- A university analysis finds that Nevada's casinos have taken on more debt than ever before, shifting the finances of the state's largest industry into unprecedented territory.
The study released by the University of Nevada, Las Vegas Center for Gaming Research says that total liabilities for the state's casinos have grown 18 fold since 1984 to $51.2 billion during the fiscal year that ended in June 2011. Casino revenues for fiscal 2011 are less than five times larger than what they were in 1984.
Director Dave Schwartz says the analysis shows that the investment and growth seen in the mid-2000s in Las Vegas was different from growth seen in the mid-1990s.
Schwartz says that since 2008, casinos have owed more in long-term debt than they collectively earn in revenue each year.
