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Las Vegas Business Press
Saturday, July 31, 2010
Archive for February, 2007


Tuesday, February 13, 2007
Gov. Gibbons cries poor
By Ian Mylchreest
The Real ID Act is about to crash down on the nation’s DMVs like the proverbial ton of bricks. This legislation was passed in Feb. 10 2005 and mandates much tougher standards for all driver’s licenses. The document itself must be much harder to forge and everyone will have to reprove their identity and citizenship or [...]
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Tuesday, February 13, 2007
SEC tries to protect the Final Four
By Ian Mylchreest
The Securities and Exchange Commission is trying to make it harder for investors to sue, reports the New York Times. The regulator has intervened to ask the Supreme Court to require plaintiffs to show that there is "a high likelihood" that executives intended to defraud rather than the standard created by the 7th U.S. Circuit [...]
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Tuesday, February 13, 2007
Home Depot gets back to business
By Ian Mylchreest
The retail business that is. The home improvement chain is looking at selling off its supply business aimed at professional contractors, reports the New York Times. The move has been made possible with a private equity offer to buy the businesses. That would allow the company to get back to its core business and also put [...]
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Monday, February 12, 2007
Grammys
By Mike Prevatt
So watching the Grammy Awards on Feb. 11 might’ve been a total waste of time had I not just set up a wireless Internet connection in my house. Nonetheless, a handful of observations, because I know you care: 1.) Even though I had been rooting (though "rooting" may be a strong word) for Gnarls Barkley [...]
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Monday, February 12, 2007
Carry my slots back to Old Virginny; Greed at Harrah’s
By David McKee
According to Saturday’s Washington Post, the state of my birth "is moving closer to approving the largest expansion of gambling in more than decade under a plan that would allow customers at Colonial Downs to wager on ‘instant’ horse racing machines." Although this form of VLT gambling is currently available only in Arkansas and one [...]
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Monday, February 12, 2007
Homecoming Quick Hits
By Steve Sebelius
So we’re back from the frozen north, glad to see that Las Vegas is right where we left it and nothing has changed (although some wiseacre moved the printer here in our nondescript office building in an industrial area near McCarran International Airport; we still found it, wiseacres!) Anyway, let’s get on with the business [...]
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Monday, February 12, 2007
Harrah’s real estate will help finance buyout
By Ian Mylchreest
The latest regulatory filing from Harrah’s gives a few more clues about how the buyout deal from Texas Pacific and Apollo Management will be financed, reports Reuters. The private equity partners are putting nearly $6 billion into the deal but will borrow the rest (the deal is worth $27 billion including debt) against the company’s assets. [...]
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Monday, February 12, 2007
Clean power could be coming
By Ian Mylchreest
Las Vegas, and perhaps Los Angeles and Phoenix, could be the beneficiaries of "clean" power projects now being developed in the Powder River Basin and southeastern Montana, reports the Jackson Hole Star-Tribune. The power would come from wind turbines and "clean coal" technologies. The project is the brainchild of TransCanada, which plans to build direct current [...]
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Saturday, February 10, 2007
Biden gets raw deal over ‘race’ remark
By Len Butcher
Mel Gibson hurls anti-Semitic slurs at cops. Michael Richards, he of Seinfeld fame, lashes out at members of his audience with the N-word. Isaiah Washington calls one of his fellow actors on Grey’s Anatomy “a faggot”. Now, I grew up in an area known as Little Italy, and I heard words like “wop”, “dago” and “guinea” [...]
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Friday, February 9, 2007
“The Producers”: It kinda sucks
By David McKee
Last night was spent at a preview performance of the Paris-Las Vegas version of Mel Brooks‘ Broadway musical version of The Producers. With some exceptions, I think my time would have been better spent re-watching the 1968 movie, although it is only fair to note that mine seems to be very much a minority opinion. Part [...]
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