VEGAS INC Magazine - Latest Las Vegas business news, features and commentaries about gaming, tourism, real estate and more
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the basics Pick ���Em Get smart Power tweets Power Lunch The Numbers Sin City Media Overheard Done Deal the numbers Chatter We hear Read this! 18 VEGASINCmag Executive class American dream Smith���s world Mike Smith is an award-winning editorial cartoonist featured daily in the Las Vegas Sun. Smith���s work also is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld. The Pitch is back Moonlighting .com Buy high Sell low talking points YOUR AD HERE NOW SERVING LAS VEGAS Vegas then ? ? ? ? ? ! The innovator VEGASinc2021 95 Gate keeper The number of Airbus jets Allegiant Air plans to acquire by $ 2014. When the fleet is complete, Allegiant will have nine 177-seat Airbus A320s and nine 156-seat Airbus A319s. FortuneCookie Grilled The Survivor 68 UNLV���s Boyd School of Law ranking in U.S. News and World Report���s list of best graduate schools and specialty programs. The law school moved up eight spots from last year. A total of 194 accredited law schools were ranked. $136,675 The amount Caesars Entertainment paid to a losing poker player as part of a new progressive poker promotion that rewards losing hands. The player with the winning hand won $69,401. Everyone playing poker at Caesars��� Las Vegas casinos pocketed $2,000. 12 The number of finalists, chosen from 232 entries, in Project Vesto, a statewide business startup contest offered by the state economic development division and private donors. Five of the finalists are from Las Vegas; seven are from Reno. The winning business will receive $100,000. 9.7 percent Nevada���s unemployment rate in January. That���s down from 9.8 percent in December and means Nevada no longer has the highest rate in the nation. $8.3 million The amount lost by the Stratosphere���s parent company, American Casino and Entertainment Properties, in the fourth quarter. The company cited low occupancy and room rates and increased repair and maintenance expenses as the reason. $72,488 The annual salary of a Clark County commissioner. The seven commissioners have discussed giving themselves a raise. Their salaries have increased 6 percent since 2005. $250,000 The amount developer Chris Milam���s lenders paid to the city of Henderson on March 15 as part of a legal settlement that required them to reimburse the city for legal costs. The lenders must pay City Hall another $4.25 million by May 13 to close escrow on the land slated for a stadium. 24 20130325_VI24_F.indd 24 Reader comments We want to hear from you. Visit vegasinc.com to post your opinion. On Rick Velotta���s March 18 VEGAS INC column about how tactics used by the Transportation Workers Union are hurting negotiations between flight attendants and Allegiant Air (���Union cuts off flight attendants��� nose���): When are the unions going to start their own union-owned and union-managed airlines to compete against the evil oppressor class? Something like Teamster Airlines. All the pilots, flight attendants, baggage handlers, gate people and everyone who works for Teamster Airlines get an honest wage. The consumer is dying to see this. I might even fly it once, just so I can see what great service they had to offer for higher ticket prices. ��� BuskinTederodemowitz When having an Allegiant ticket or traveling on one, you are subject to the very worst treatment one might expect, and then some. When we travel to the Midwest, we use Southwest (two bags and a carry-on fly free). On Allegiant, that adds up to a lot of money. ��� Homer W I���ve flown Allegiant, and the fares are cheap but the service poor. Ok, that���s a trade-off. But they are also dishonest. You have to be very careful negotiating the website in order to not get ripped off. Their 800-number does not have any humans manning it. They charge extra for refundable fares and then don���t refund anyway. Maybe a little union pressure can force them to be better with their customers. ��� RobManis If Southwest is the Wal-Mart of airlines, Allegiant is the 99-cent store with crappy stuff that breaks right away. I was in Hawaii last week when three of their planes had mechanical failures at once. There were 500 people stranded in Honolulu, and there were another 500 stranded at locations in California. ��� Mossadegh On Eli Segall���s March 15 vegasinc.com story about how rare speculative arena projects are (���Henderson City Council failed to see red flags on stadium project; speculative arenas are practically unheard of���): It seems to me that Henderson needs to let the citizens know how their due diligence was conducted. For example, where are the project financing documents that were fully approved? Were they given to the city, and if so, are they not now public records? ��� DavidBloom1 On Rick Velotta���s March 11 VEGAS INC column about the Genting Group���s Singapore resort and its decision to build a new casino-hotel in Las Vegas (���Taking a closer look at Singapore���): Genting will provide Vegas with a much-needed boost. Billions will be infused into the economy. This project will move the unemployment rate down and help Vegas emerge from the recession. ��� JuanitaFeenis | 25 MARCH 2013 | 3/21/13 2:27:18 PM