VEGAS INC Magazine - Latest Las Vegas business news, features and commentaries about gaming, tourism, real estate and more
Issue link: https://www.ifoldsflip.com/i/110921
F E B R U A R Y 2 5 , 2 0 1 3 / Y O U R b u s i n e s s - t o - b u s i n e s s w e e k ly SPECIAL FOCUS MONEYMATTERS This month, VEGAS INC highlights taxes, finance and accounting. critics accuse taxicab officials of soft touch on long-haulers LEILA NAVIDI MR. PResident: Arvind Menon has been president and CEO of Meadows Bank since 2007. The bank was formed by local gaming executives and business leaders. THE MONEY PEOPLE A look at Las Vegas��� top finance executives, who control much of the region���s wealth By Rob Langrell VEGAS INC staff T here are many faces in the finance world. �� There are the bank and credit union officials who hold onto money and try to make it grow; the wealth managers and financial planners who invest money and advise how best to spend it; and the loan officers who dole out money to help people and businesses buy homes, cars or equipment. �� Each segment serves a dif- ferent purpose, but together they control much of society���s wealth. They can be crucial to the success see taxis, page 17 INSIDE TODAY WHERE WE RANK | P. 6 Las Vegas leads in sexiness and tourism, falls short in business and careers ONLINE GAMING | P. 7 Poker bill sails through Nevada Legislature as emergency measure THE LIST | P. 22 of a person, family or business. see Finance, page 14 Making sure it���s secure.��� DOCUMENT & HARD DRIVE DESTRUCTION 20130225_VI01_F.indd 1 By Richard N. Velotta senior staff writer The process to catch illegal longhaulers is simple. Enforcement officers park at a Strip resort and wait for cabs to come in. They note the dollar amount on the taxi meter, ask passengers where they came from and do a quick calculation. Should the fare be as high as the meter says? If the amount is considerably higher than it should be, the officers have probable cause to ask about the route and whether the driver warned passengers in advance that what may have been a faster route also was a longer and more expensive one. Drivers who fail to give that warning can be cited for long-hauling. But that rarely happens, according to Nevada Taxicab Authority data analyzed by VEGAS INC. Of the 1,594 citations written by Taxicab Authority officers in 2012, only 120 were for long-haul violations. There were 27.1 million taxi trips recorded in Engineering firms, by number of staff 702-25 SHRED 702-257-4733 www.shredit.com/LasVegas 2/21/13 3:21:17 PM