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/80204
YOUR BUSINESS-TO-BUSINESS WEEKLY / AUGUST 27, 2012 SPECIAL FOCUS WHY GIVING IS GOOD BUSINESS This month, VEGAS INC highlights philanthropy in the business community. spot problems on the horizon Las Vegas nonprofits COSMO, MGM LEAD STRIP COMPANIES IN PROFITS By Steve Green senior staff writer T his year, like 2011, is expected to be remembered as a transition year for Las Vegas resorts, during which casinos slowly built back from the depths of the recession. While visitation to Las Vegas during the first half of 2012 grew at a modest pace compared to 2009 to 2011, CHRIS MORRIS T By Eli Segall staff writer EVAPORATING FOUNDATIONS he names Reynolds and Lied pop up in most aspects of Las Vegas civic life. ¶ There's the Lied Library and Lied Athletic Complex at UNLV and the Lied Animal Foundation. There's the Nevada Ballet Theatre's Donald W. Reynolds Cultural Center, the Donald W. Reynolds Girl Scout and Boy Scout centers and the KNPR Donald W. Reynolds Broadcast Center. SEE FOUNDATIONS PAGE 17 7260 S. CIMMARON RD. • LAS VEGAS, NV 89113 | 27 AUGUST 2012 | SPECIALS FOR ALL TELEVISED REBEL GAMES: $2 COORS LIGHT • $4 BLUE MOON • $16 TOWERS $5 PERSONAL PIZZAS • $0.50 WINGS www.bornandraisedlv.com ON WARM SPRINGS BETWEEN BUFFALO & DURANGO (BRING IN YOUR TICKET STUB AFTER THE GAME FOR A FREE DRAFT BEER.) weakness in the U.S. economy continued to limit spending by travelers. With the second half of the year well under way, it remains to be seen whether the overall gaming win in Clark County will gain from 2011, be flat or even decline. On the Strip, The Cosmopolitan of Las Vegas and MGM Resorts International fared the best in the second quarter, delivering surprisingly strong financial results, according to recent earnings reports. Wynn Resorts Ltd. and Las Vegas Sands Corp. produced solid local numbers, while Caesars Entertainment's SEE EARNINGS, PAGE 15 INSIDE TODAY DUPLICATING DOWTOWN | P. 5 Almost 900 acres in Las Vegas are designated as a new redevelopment area EXPANDING OPTIONS | P. 21 New Allegiant airplanes could bring more small-town visitors to Las Vegas THE LIST | P. 22 Casino operators, ranked by casino size VOTED BEST BAR FOOD IN LAS VEGAS REVIEW-JOURNAL'S BEST OF LAS VEGAS THE OFFICIAL HOME OF THE REBELS ON THE ROAD. HOME OF THE BOBBY HAUCK RADIO SHOW EVERY WEDNESDAY 11AM-NOON FOLLOW US: @BornAndRaisedLV 1