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/63745
APRIL 30, 2012 / YOUR BUSINESS-TO-BUSINESS WEEKLY HEALTH/ TOP DOCTORS SPECIAL FOCUS This month, VEGAS INC highlights the medical community. BROUGHT TO YOU BY NEVADA STATE BANK COBRA OFFERS SHORT-TERM SOLUTION By Conor Shine staff writer C OBRA insurance can serve as a critical stopgap solution when someone loses his or her job and the health benefits that come with it. Established by Congress in 1986, the COBRA program allows employees who have been laid off or fired to continue paying for PUSHING BUTTONS: Richard Haddrill, CEO of Bally Technologies, poses by one of the company's most popular games – a Michael Jackson-themed slot machine. STEVE MARCUS GLOBAL EXPANSION CEO's plan includes hot games, new jobs By Richard N. Velotta senior staff writer R ichard Haddrill has been giving his passport a workout. ¶ Haddrill, CEO of Las Vegas-based slot machine and gaming systems manufacturer Bally Technologies since October 2004, has been hitting the road to expand the company's product lines abroad. He believes the company can expand its international presence from the 3 percent market share it had when he arrived to 30 percent in the next three to four years. ¶ To reach that goal, Haddrill is negotiating contracts across the globe in a bid to maintain the company's position as the nation's largest gaming systems producer and No. 2 slot machine manufacturer behind International Game Technology. ¶ In addition to planting Bally's flag in several continents, Haddrill has designs on being a leader in cyberspace, which could lead to hundreds of new jobs throughout the company — many of them in Las Vegas. SEE HADDRILL PAGE 14 and receiving program typically health insurance through their company. The provides coverage for 18 months. But as Southern Nevada's job market struggles to recover after the recession, some people are unable to find employment before their COBRA coverage runs out. Alternatives to COBRA exist, but they are often more expensive or apply only on a short-term basis. VEGAS INC Harrison, president spoke with of Larry Insurance Agency, about options INSIDE TODAY Harrison to SEE COBRA PAGE 10 HEALTH CARE HEADLINERS VEGAS INC's special publication honors some of the local leaders in health care. FINANCIAL 'BLACK HOLE?' | P. 7 CityCenter shareholders file amended suit. HEY NBA: NO THANKS | P. 21 Columnist Bruce Spotleson says we need to take a pass on considering a franchise.