Category Archives: Las Vegas

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$108K table game jackpot hits on guys weekend in Tahoe - Las Vegas Review-Journal

A new 15,000-square-foot Vegas modern mansion outside of Las Vegas hit the market earlier this week for $28 million, making it the most expensive listing in the metro area.

Located in Henderson, Nevada, southeast of the city, the residence could also be the most expensive residence sold in the area if it closes for anywhere near its asking price, according to records from the Multiple Listing Service.

A new record for the most expensive condo in the state was set earlier this week, when a 12,940-square-foot penthouse near the Las Vegas Strip sold for $16.25 million, records show.

Sin City has seen an influx of new buyers since the Covid-19 pandemic started pushing people to smaller, more affordable cities, The Wall Street Journal reported in April. Prices there were up close to 13% in April compared to same time last year, according to Las Vegas Realtorss most recent data.

This superlative new listing, known as Vegas Modern 001, boasts numerous over-the-top amenities, including a great room with retractable walls, water on three sides and views the Vegas Strip and the Red Rock Mountains, a sky bar and lounge, an office casita, seven fire features, 200 solar panels and a smart-home system that integrates security, sound and energy management.

Its one of the most beautiful and cutting-edge properties to ever come to market, said listing agent Kristen Routh Silberman of Synergy Sothebys International Realty. Its a showcase for the way people are going to be living in the future.

The home has space for up to seven bedrooms, including a primary suite with a private patio, and there are nine bathrooms, according to the listing. Theres also a separate suite accessed by a glass bridge, a chefs kitchen with Wolf and Sub-Zero touchscreen appliances, a full catering kitchen, a glass wine cellar, native plantings and a garage with room for up to 11 cars.

Vegas modern is the design philosophy of Blue Heron, the local architecture firm that created the show home, Tyler Jones, the founder and owner of the firm, said during a virtual tour of the property.

Its all about capturing the energy of our city, where we were born, he explained. Its meant to connect with people about the current modern lifestyle for Las Vegas.

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The Most Expensive Listing in Greater Las Vegas Is This Futuristic Spec Home With an 11-Car Garage - Mansion Global

LAS VEGAS (KTNV) UPDATE: The Excessive Heat Warning has been extended by the National Weather Service for Southern Nevada until 9 p.m. Saturday.

ORIGINAL STORYTriple-digit heat settles in this week with highs approaching record values by Wednesday, prompting an Excessive Heat Warning for portions of Southern Nevada for the second half of the week.

The potentially dangerous heat starts Wednesday when highs in Las Vegas climb to 105, which is 10 above the seasonal average.

RELATED: Memorial Day marks first official 100-degree day in Las Vegas for 2021

The Excessive Heat Warning begins Wednesday at 11 a.m. and extends until Friday at 9 p.m. Thursday's high in Las Vegas is expected to land near 106, just 1 shy of the standing daily high temperature set back in 2016. Heat holds Friday with a forecast high of 105.

Highs ranging from 104 to 111 are expected for the same time frame in Pahrump, Mesquite, Lake Mead, Laughlin, and Bullhead City. Furnace Creek in Death Valley will land near 118.

Extreme heat increases the potential for heat-related illnesses, especially for those working outside or those who are heat-sensitive and without access to air conditioning and proper hydration.

RELATED: Cooling stations open during period of Excessive Heat Warning

Rescheduling outdoor activities or strenuous exercise to the early morning or evening is recommended during this hot stretch. If staying indoors isn't possible, drink plenty of water, take regular breaks in the shade, and wear light-colored and loose-fitting clothing when working outside.

A breeze develops by the end of the week as the ridge of high-pressure shifts further east, allowing temperatures to slowly fall back to the low 100s this weekend and upper 90s by the start of next week. Dry and mostly sunny conditions are expected for at least the next 7 days.

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Excessive heat warning in effect for the Las Vegas area extended through Saturday - KTNV Las Vegas

In a well-timed opening in line with vaccine rollouts and the lifting of many social restrictions, a new cannabis dispensary and superstore is about to debut near the beaches of Orange County, California. This -- second of its kind -- superstore from Planet 13 Holdings (OTC:PLNH.F)will be a smaller version -- with a beachy vibe -- of its Vegas location, whichtakes you on an experience set in the tone of what you would expect from the Las Vegas Strip: a sensory activated LED floor, 3D projection visuals, and interactive laser art.

Planet 13 is a vertically integrated cannabis company based in Nevada, with award-winning cultivation, production, and dispensary operations in Las Vegas, where its current superstore is also about to be expanded to 112,000 square feet. (For comparison, the average Costco is 145,000 square feet.)

Imagine walking into a store almost the size of a Costco warehouse, but designed to grab your attention and entertain you while offering its products and providing educational information focused on the cannabis industry. It's through this strategy that the Las Vegas Planet 13 store has seen sales double since the start of the COVID-19 pandemic.

Image source: Getty Images.

Planet 13 is now looking to expand toward the beaches of Orange County, California. The new superstore has a planned opening set for July. Though the location won't be quite as large as the Las Vegas store, the planned 55,000 square foot space in Orange County will resemble something of a cannabis mini-mall.

Inside the store, customers will be greeted with an entertainment and visualization mecca, complete with California beach vibes, waterfalls, digital screen displays, games, and activities, and eventually a smoking lounge. In addition to space for accompanying stores, the superstore will also house a 16,500 square foot dispensary, which will contain a Mexican-inspired restaurant. Construction on the new Orange County store is happening simultaneously with the Vegas expansion, as the company ramps up for the country's upcoming post-pandemic reopenings and minimized restrictions.

But the mere existence of the physical stores is not all that Planet 13 has going for it. The company offers curbside pickup, delivery, and is open 24 hours a day, seven days a week. Customers can also place orders online, as you would with any other typical retailer, through user-friendly website navigation. And the website is complete with a very helpful chat service for immediate customer assistance.

The growth and expansion for Planet 13 comes at a time when the company has strong winds at its back -- in the form of solid sales momentum. Its 2020 year-end results showed a fantastic uptick as well as a tremendous first-quarter jump in 2021. The company ended the year with revenue of $70.5 million, a year-over-year increase of 10%. Unfortunately, most of that was offset by higher cost of goods and total expenses, leading to a 50% drop in income from operations and a per share loss of $0.05 for 2020, or basically flat on a year-over-year basis.

For the first quarter of this year, the company is starting to gain better traction, with revenue increasing 42% year over year to $23.8 million for the quarter. This puts the company on pace to beat out 2020 full-year revenue. Gross profit was also up, and net income per share came in at a breakeven, compared to a loss of $0.01 last year for the first quarter. Revenue continues to move in the right direction for the second quarter, after a record-breaking day on April 20 -- the unofficial marijuana holiday -- resulting in over half a million dollars in sales in one day. The company also finished out the month of April with a single-month record of $10.7 million.

Behind growing revenue and enthusiasm for the cannabis industry in the U.S., Planet 13's stock price has been inching upward, but is currently hovering around 20% off of its 52-week high, with a 12-month price target of $7.18. With the current price quickly approaching that target, if we see second-quarter numbers come in with additional growth in revenue, and the company can keep expenses at bay, I wouldn't be surprised to see price targets raised in the near future.

The new Orange County superstore is set to open in July, and with COVID-19 restrictions easing significantly, it could potentially lead to a monstrous second half for Planet 13. Retail stores require foot traffic, and with Las Vegas welcoming an average of 42 million people annually over the past 5 years, not including COVID-stricken 2020, cannabis enthusiasts would have a tough time avoiding a 112,000 square foot superstore. Not to be outdone, the Orange County visitors association proudly boasts that a record 50 million visitors came to its county in 2018, where they spent over $13 billion. With many travelers having a summer beach vacation, or possibly a Vegas trip on their minds, the strategy to hone in on massive crowds in a few strategic locations could make the second half of 2021 very exciting for Planet 13. Now might be a good time for investors to beat those crowds and add Planet 13 to their portfolio.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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This Las Vegas Cannabis Company Has the Beaches of Orange County on Its Mind - The Motley Fool

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2 Las Vegas resorts among first to participate in new booking system - Las Vegas Review-Journal

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Las Vegas father wrongly named in boy's death says police pointed guns at him, took his kids - FOX5 Las Vegas

On Tuesday, at 12:01 a.m., Clark County, Nevada lifted almost all COVID-related restrictions. This moment marked an end to capacity limits, social distancing rules, and mandatory masks for fully vaccinated people (and people willing to lie about being vaccinated, presumably) in Las Vegas.

Its been a rough year-and-a-bit for Vegas, both on the Strip and off. Two of the major industries that the area relies on economicallytourism and conventionswere completely decimated by the pandemic. In April of last year, when the hotels and casinos were forced to temporarily close, the unemployment rate hit 34 percent. Though thats since improved, it remains one of the worst in the U.S.

Walking around the Strip and Fremont Street Tuesday night, things definitely felt different than the last time I visited, at the height of the pandemic. Almost nobody was wearing a mask, the sidewalks were crowded, and huge, tightly packed groups of people were dancing and drinking together.

But it didnt exactly feel normal. The crowds were lighter than when Ive visited in pre-pandemic Junes (when I walked past the Dennys that you can get married in around 8 p.m., there were less than ten customers inside), and some things were either still in a temporary COVID closure, or shuttered for good.

Here are some things I saw walking around Vegas during its first day and night post-restrictions.

A shirt in a gift shop on Fremont Street

A line outside M&Ms World

A bride to be and a newlywed couple on Fremont Street

The Welcome to Fabulous Las Vegas sign on the Strip. There were approximately 50 people in line to take photos in front of it when I visited

A bachelorette party on the Strip

The canal at the Venetian Hotel; People watching the volcano show at the Mirage

Little Darlings strip club

The conservatory at the Bellagio

The check-in line at Caesars Palace

The Criss Angel Theater at the Planet Hollywood Hotel

Dicks Last Resort restaurant at the Excalibur Hotel

A line for cocktails at the Venetian hotel

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Bachelorette Parties and Posing Tourists: A Look at Las Vegas, Reopened - VICE

As we head into Memorial Day weekend, the unofficial start of the summer travel season, one thing is clear: the pent up demand is very, very real. Las Vegas, which just last week announced it would end all pandemic-related restrictions on June 1, isnt wasting any time.

As SFGATE has recently reported, hotel prices are up significantly for the most sought-after destinations (Hawaii, Florida, anywhere with a beach) while many cities remain a relative bargain compared to pre-pandemic times. One big city bucking the trend is Las Vegas over the last six months, from December 2020 to May 2021, average hotel prices in Las Vegas have risen from $134 to $179, according to hotel search site Trivago.coms Hotel Price Index.

Sin City at dusk.

The citys reopening is owed, in large part, to a notably successful campaign by the citys tourism industry, which has been using a wide range of carrots (strip club vaccinations, anyone?) and sticks to encourage the citys hospitality and service staff to get vaccinated. The casinos, in particular, have some of the highest employee vaccination rates in the city.

Considering tourism is estimated to contribute some $57.6 billion to the citys economy (in 2018, the last year for which data is available), according to the Convention and Visitors Authority, its no wonder the casinos have made such a concerted, and effective, effort. And it has paid off.The Cosmopolitan, which had its own inoculation site, distributed $1 million in cash bonuses to reward its workforce for a high vaccination rate which stands at 84 percent, the company told the Washington Post.

The (other) City of Lights.

By all accounts, the City of Second Chances is looking a lot like its pre-pandemic self. May is always the citys busiest month and, with gaming floors open at 100 percent capacity (and no social distancing) at many resort-casinos including MGMs Bellagio, Mandalay Bay The Mirage, New York-New York, Luxor, Excalibur and ARIA resorts the Strip is starting to look a lot like the buzzing, bustling adult playground you know and maybe even love.

The monorail is even starting back up on May 27, with trains arriving every 4 to 8 minutes at each of its seven stations: the MGM Grand, Ballys/Paris Las Vegas, Flamingo/Caesars Palace, Harrahs/Linq, Las Vegas Convention Center, Westgate/Convention Center, and the Sahara, reports the Las Vegas Sun.

Panoramic view of the Stratosphere Casino Hotel & Tower (on left) and The Strip (on right), Las Vegas.

Clark County allowed buffets to reopen beginning on May 1 when it relaxed rules for other staples of Vegas life like tattoo parlors and dance floors. The MGM Grands buffet is reopening May 26 at 7 a.m., for the first time since March 2020.

The biggest buffet news, reported breathlessly by Eater Las Vegas, is about Caesars Palace's Bacchanal Buffet, which underwent a $2.4 million renovation in order to reopen earlier this month.

The 25,000-square-foot, 600-seat Bacchanal Buffet reopened with throngs of crowds waiting to explore the nine open, interactive kitchens, with many dishes already individually prepared, shared, or plated in real-time by staff from behind the counters, reports Eaters Susan Stapleton. At $64.99 per person, its not for everyone. It is, however, a culinary spectacle befitting its hometown.

For the first time since 2010, Sin Citys famed stretch is welcoming a new arrival next month. The Resorts World Las Vegas is scheduled to open on June 24, according to Travel & Leisure. The complex is made up of three separate hotels: the 1,774-room Las Vegas Hilton, the 1,496-room Conrad Las Vegas and the Crockfords Las Vegas, with 236 rooms and suites.

The 88-acre property will have 40 different restaurants and bars, a 5,000-capacity concert venue, some 70,000 square feet of retail space, a 100,000-square-foot boutique mega club, a Bali-inspired day club, and a five-and-a-half-acre pool area with Vegass largest pool deck.

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Is Las Vegas back? You can bet on it.

CHICAGO, IL - SEPTEMBER 8: Oakland Athletics fans cheer during the twelfth inning against the Chicago White Sox at U.S. Cellular Field on September 8, 2014 in Chicago, Illinois. The White Sox defeated the Athletics 5-4 in 12 innings. (Photo by Brian D. Kersey/Getty Images)

The Oakland As initial interest in Las Vegas felt as though it was a bluff. They had seemingly been pushed towards exploring relocation by Major League Baseball, whose involvement in the long standing stadium dispute between the As and the City of Oakland can hardly be called altruistic. Nonetheless, the As contingent headed to Las Vegas, getting a feel for different areas for a potential ballpark.

As a result of that trek, the As have a price tag. It is expected that a new ballpark for the team, should they relocate, would cost approximately $1 billion.

The As obviously have a shopping list of preferences should they relocate. They would like the new stadium to be downtown, near the non-stop entertainment and excitement that the city is known for. This would make a trek to the game more than just a night at the ballpark; it would potentially lead to additional income for businesses in the area.

The team is not looking for a massive stadium downtown either. According to the same report, the team wants a ballpark with approximately 30,000 fixed seats and room for another 4000 standing room customers. Even though the stadium will not be overly large, having all of the state of the art amenities will be costly.

It also remains to be seen how much of that price tag would need to come out of the As pocket. While the franchise had committed to making a significant investment in Howard Terminal, the city would also be on the hook for a large chunk of the cost to revitalize the area. While this could eventually be profitable, it will require a large initial outlay of funds in order to happen.

Although the vote on the Howard Terminal Project has yet to occur, the As have options. Should the vote not go their way, that move to Las Vegas could become a reality. And if it does, the As know what type of price tag they will be looking at when it comes to a new stadium.

Want your voice heard? Join the White Cleat Beat team!

The Oakland As have their price tag for a new, state of the art stadium in Las Vegas. Those fallback options are already in place.

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Oakland As have price tag for Las Vegas stadium - White Cleat Beat

Posted: Jun 1, 2021 / 09:05 AM CDT | Updated: Jun 1, 2021 / 09:05 AM CDT

Las Vegas Strip (Mario Tama/Getty Images)

LAS VEGAS (NewsNation Now) After months of pandemic shutdowns and restrictions, Las Vegas fully reopened its hotel resorts, casinos, and restaurants Tuesday.

Previously, casinos, where 80 percent of staff were vaccinated, could operate at 100 percent capacity, but several venues didnt meet that threshold. Now, all businesses are back, ushering in a new milestone for the valley, as Clark County moves forward through the pandemic.

Its a time many have all been waiting for, and from the Las Vegas Strip to Downtown, people are celebrating. The Fremont Street Experience hosted what they are calling Downtown Rocks Again!

Three music stages were set up, where people of all ages can come down and enjoy live tunes from a variety of bands that will be playing. The Viva Vision Canopy screens also ran a countdown clock, counting down to midnight.

A recorded message by Las Vegas Mayor Carolyn Goodman was shown and Fremont Experience officials were in attendance. Headliners included Spandex Nation and Zowie Bowie.

Its great. Its an American summer, following the pandemic, everyone deserves to go out, said David Charles, visiting from Los Angeles.

Local Wendy Pineda told NewsNation affilate KLAS, I guess at how packed it is normally, that it is not going to make much of a difference here.

With this full reopening, that of which is easily one of the biggest to happen thus far in the country, vaccinated people will not have to wear masks or practice social distancing. Restaurants and stores will most likely go back to regular hours, and there will be no capacity restrictions.

However, that doesnt mean the city is done with social distancing and mask-wearing, as each business is allowed to implement what they feel comfortable with within their own business.

If hospital capacity does rise, Clark County commissioners may implement COVID-19 protocols once again.

The Associated Press and NewsNation affiliate KLAS contributed to this report.

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Las Vegas fully reopens, return to pre-pandemic guidelines on June 1 - NewsNation Now