vegasinc.com | august 30 - september 5, 2015
Know where you’re going By Howard Riell | Special to VEGAS INC
Las Vegas’ economy is rebounding, which means more business owners and entrepreneurs are on the prowl for new locations. This is especially true for restaurateurs. ¶ Good restaurant locations share traits with other types of prime commercial real estate — good visibility, easy access, high traffic, strong demographics, lots of residential property location, Continu ed on page 15
235
Nevada’s net metering limit, in megawatts. NV Energy indicated the cap was hit June 21. The Public Utilities Commission has a December deadline for coming up with a permanent net metering structure.
6.4%
Nevada’s slot hold in 2014 — the percentage of gamblers’ money slot machines keep. A report by Applied Analysis showed that resorts took a greater share of the wagers than in years past.
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AUG. 30 - SEPT. 5
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/BUSINESS Brian Deka (brian.deka@gmgvegas.com) ASSISTANT MANAGING EDITOR/POLITICS Scott Lucas (scott.lucas@gmgvegas.com) STAFF WRITERS Kailyn Brown, Adwoa Fosu, Megan Messerly, J.D. Morris, Kyle Roerink, Daniel Rothberg, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Pashtana Usufzy, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy
NOTEWORTHY STORIES
05 06 18 Q&A WITH ELIZABETH BLAU
The well-known restaurateur who recently opened Andiron Steak & Sea at Downtown Summerlin discusses what it takes to survive in the Las Vegas food industry, her commitment to charitable work and why she thinks Yelp has gone overboard. THE NOTES Philanthropy, P4
MEET: THE SUNNY PLUMBER AND HONEYBEE AC
Ken Goodrich is a Las Vegan who started his company at age 25 with little knowledge of business. He made his share of mistakes but, driven by a philosophy of making positive daily impacts, has persevered. TALKING POINTS Tips for employers who want to test for drugs, P7
DATA AND PUBLIC INFORMATION
ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.
ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATORS Karen Parisi ADVERTISING DIRECTOR Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Breen Nolan, Sue Sran ADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Trasie Mason, Michelle Walden
MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Casino operators, P22
MARKETING & EVENTS EVENT MANAGER Kristin Wilson EVENTS COORDINATOR Jordan Newsom DIGITAL MARKETING ASSOCIATE Jackie Apoyan
PRODUCTION VICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
CIRCULATION DIRECTOR OF CIRCULATION Ron Gannon ROUTE MANAGER Joel Segler
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CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn GROUP PUBLISHER Gordon Prouty EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein
VINTAGE VEGAS: THE OSMONDS A STAPLE FOR DECADES IN LAS VEGAS ENTERTAINMENT The singing and dancing Osmonds have had an ongoing presence in Las Vegas since the 1960s. The four original Osmond brothers — Alan, Jay, Merrill and Wayne — were discovered singing between fights at a Los Angeles sports arena and on the streets of Disneyland. Their careers took off after appearing on “The Andy Williams Show.” Siblings Donny, Marie and Jimmy began touring with the group, with frequent stops
in Las Vegas. The ’70s marked the pinnacle of their careers, with the family recording 23 gold records between 1971 and 1978. Pictured here, the Osmonds perform May 5, 1977, in the main showroom of the Las Vegas Hilton. Today, the family continues to entertain Las Vegas audiences; Donny and Marie headline at the Flamingo, while the Osmond Brothers make occasional appearances at the Orleans. — REBECCA CLIFFORD-CRUZ
VOLUME 2, ISSUE 34 Vegas Inc (USPS publication no. 15540), 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published every Sunday except the last Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc Greenspun Media Group 2360 Corporate Circle, Third Floor Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2360 Corporate Circle, Third Floor Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions: Call 800.254.2610, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
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giving Send your business-related information to news@vegasinc.com
The American Cancer Society Las Vegas Leadership Board is Rick Campbell, Dr. Souzan El-Eid, Charles Gianelloni, Stacey Martini, Katie Ryan, Bill Bokelmann and Jennifer Bradley.
less Youth. The money will pay for computers, books, scholarships and other resources. The company also established a $45,000 grant for Street Teens to fund the nonprofit’s drop-in center.
Tracy A. DiFillippo of Armstrong Teasdale, Tom Edington of Nevada State Bank, Leslie Maple of Barrick Gold Corporation and Jennifer Oswald of NV Energy joined the Communities in Schools of Nevada board of directors.
The Nevada 150 Foundation donated hundreds of books and pieces of merchandise to state museums, park gift shops and libraries. More than 100 copies of “Nevada: 150 Years in the Silver State,” the official commemorative book of the Nevada Sesquicentennial, went to public libraries.
Three Square Food Bank received $10,000 from Amerigroup Nevada. In addition, the Las Vegas-Clark County and North Las Vegas library districts donated 33,931 pounds of food to Three Square. People were encouraged to bring nonperishable food items to their local library for a $2 credit toward patron fines. Sands ECO360 Degrees, Sands Cares, Sands Expo, the Venetian and the Palazzo collected more than 30,000 items for the charity. McGladrey LLP raised $152,975 for the food bank at a 5K run. Myrtle Tate Elementary School received $1,200 from Anthem Blue Cross Blue Shield for “Fire Up Your Feet,” which encourages students in kindergarten through eighth grade to be physically active. Myrtle Tate had the highest number of participants among the 4,000 students who took part. Other schools that received awards are Fay Galloway Elementary, Jack Dailey Elementary, Nate Mack Elementary, R. Guild Gray Elementary, Paul E. Culley Elementary, J.T. McWilliams Elementary, Pinecrest Academy-Nevada and Lied Middle School. NV Energy awarded 78 scholarships worth $1,000 each and two scholarships of $2,000 each to Southern Nevada high school seniors who demonstrated leadership in academics and community service. McDonald’s sponsored the Hispanic Baccalaureate, a large-scale graduation event for Hispanic students across Southern Nevada. Fremont Street Experience donated $14,460 to Susan G. Komen of Southern Nevada. The money came from SlotZilla revenue. Tronox presented gift cards to Robert Taylor Elementary Robotics Club students and President’s Award recipients. Tronox helps fund the school’s Robotics Club and encourages employees to volunteer as mentors. Cox Las Vegas employees collected toys, food, bedding and more for the Animal Foundation through the company’s Cuddle ‘n’ Snuggle drive. A food drive hosted by Port of Subs sent thousands of sandwiches to Opportunity Village. The company donated one small sandwich for every large sandwich sold June 8-13.
Water safety activist Joseph Vassallo, president of Paragon Pools, was named the Kidde Hero of the Week for his Float Like A Duck program. Using a sidekick named Duckie, Vassallo teaches families about water safety. The David Bohnett Foundation provided a grant for the Gay and Lesbian Community Center of Southern Nevada to upgrade its computer network. Station Casinos and Grand Canyon Development Partners are donating a building at 3755 W. Lake Mead Blvd., North Las Vegas, to Southern Nevada Children First, which helps pregnant homeless youths and young parents. Smith’s donated $250,000 to St. Rose Children’s Hospital and $2,500 to the American Heart Association for the Teens Cooking With Heart program. The donation was part of a celebration in honor of the remodeling of the Smith’s at 55 S. Valle Verde Drive, Henderson. Matt Smith Physical Therapy and Desert Valley Therapy hosted a school supply drive for Ronnow Elementary School, a Title 1 school where at least 40 percent of the students come from low-income families. The Rogers Foundation donated $300,000 to two schools and community organizations. The Boys & Girls Clubs of Southern Nevada and the Las Vegas Philharmonic bought instruments and tablets for a music program. Park Elementary will buy iPads for all students in grades two through five. Coral Academy of Science received money for tutors and learning programs. Telus International donated 100 computers to Matt Kelly Elementary, Vegas Verde Elementary, Booker Elementary, Fyfe Elementary, Twin Lakes Elementary, Lake Elementary and Valley High School. Impact Las Vegas gave $18,000 to Nevada Child Seekers to expand the nonprofit’s anti-bullying programs. Best Mattress donated $2,500 to the Title 1 Homeless Outreach Program for Education.
United Nissan donated hundreds of footballs to the YMCA of Southern Nevada. Valley Electric Association donated $12,000 to fund four college scholarships for local students. Sixteen volunteers from Brownstein Hyatt Farber Schreck served 607 meals at the Las Vegas Rescue Mission. The North Las Vegas Library District received a $3,000 programming grant for “Latino Americans: 500 Years of History” from the National Endowment for the Humanities. The program aims to teach people about Latino American histories and cultures, examine and document the history of Latino Americans and foster understanding of local histories in regional, national and international contexts. Dress For Success Southern Nevada recently gave out its 3,000th outfit. The organization helps women get back on their feet by providing professional attire. UFC sponsored Team Intrepid Fallen Heroes, a group of four amateur athletes who planned to ride their bicycles more than 3,000 miles in the 34th Annual Race Across America. The team hoped to raise more than $650,000 to help build Intrepid Spirit Centers, diagnostic and treatment facilities that help military veterans suffering from traumatic brain injuries and psychological health conditions. Board members of the Candlelighters Childhood Cancer Foundation include Robert Torres, chairman; Lisa Santwer, first vice president; Matt Cook, second vice president; Carrie Bradley, treasurer; Liz LaMonica, secretary, and Annelisa Polk, member. Jackie Trueblood is executive assistant. Las Vegas Sands donated $60,000 to the Nevada Partnership for Home-
Big Brothers Big Sisters of Southern Nevada is collaborating with Tuff-NUff, an amateur MMA organization; Vegas Lions and Vegas Outlaws football teams; Alston Business Consulting; Office Depot; the Never Give Up Foundation and Gianniosis Realty Group to launch “Men in Mentoring,” aimed at recruiting men as Big Brothers. There are more than 550 boys in the program waiting for a big brother. Dunkin’ Donuts’ second annual “Celebrity Restaurant Challenge” raised more than $12,000 for the Nevada Childhood Cancer Foundation’s Camp Cartwheel. The money will send 50 children to camp. Event participants included the Las Vegas Outlaws and Posse; the casts of “Fantasy,” “Chippendales,” “Sexxy” and “Marriage Can Be Murder;” Clark County School District police; Jay R Beatbox, a local hip-hop musician; Kevin Burke of “Defending the Caveman;” JC Fernandez of Mix 94.1; JoJo Turnbeaugh of 95.5 the Bull; Marco and John Mac of Sunny 106.5; Johiah Hall, Big D. and Claire of My 93.1; Las Vegas Fire and Rescue; Dao Vu of KTNV Channel 13; and Javelin Broderick, of MotoAmerica “Supersport” Roadracer. The UNLV School of Medicine scholarship drive wrapped up months ahead of schedule and raised twice as many scholarships as anticipated when Kris Engelstad McGarry, trustee of the Engelstad Family Foundation, pledged $10 million for student scholarships. The gift will cover 100 four-year scholarships – 25 for the school’s 2017 charter class and 25 for each of the next three entering classes. Each scholarship is worth $100,000. Humana and the Humana Charity Crafters donated more than 270 knitted and crocheted caps, blankets, scarfs and quilts to Candlelighters Childhood Cancer Foundation of Nevada. The John Krakauer Charitable Trust donated $40,000 to Spread the Word Nevada for the organization’s Books on the Move program. In addition, the Las Vegas Rotary Club donated $25,000 to the nonprofit to help Will Beckley Elementary School.
the interview Send your business-related information to news@vegasinc.com
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Q&A with elizabeth blau
Las Vegas food scene has been an evolution Elizabeth Blau, co-founder and CEO of Elizabeth Blau & Associates, has helped shape Las Vegas’ food scene, developing major restaurants and contributing to the area’s reputation as a culinary hot spot. She recently opened Andiron Steak & Sea at Downtown Summerlin, adding to a portfolio that includes Honey Salt and Made LV. How do you determine which restaurants will thrive in Las Vegas? When Steve Wynn first started putting together the restaurant portfolio at Bellagio, our mission was to create a destination, and we put in concepts that spoke to the core of what people were looking for — steak, Italian food, Chinese, great desserts — but just brought it to an entirely different level. In terms of what thrives, I think it has been an evolution. At the beginning, it was all about just bringing great quality, and quality really drove everything else. Now, I think it’s still definitely about quality but also offering new experiences and unique tastes. We have had so much growth in Asian cuisine, on and off the Strip in the past couple of years — ramen, sushi, yakitori. Having a clear concept, a great experience and high quality are really what drives success. What is it like being a successful woman entrepreneur? I don’t think there is much of a difElizabeth Blau, founder and CEO of Blau and Associates, finds a way to juggle business, family and commitment to her ference between being a successful community. (STEVE MARCUS/staff) female entrepreneur or a male, but in the restaurant industry work very Where do you see yourself and every child has the best access to edlike any successful entrepreneur, I hard — the cooks, the servers, the your company in 10 years? ucation they can. Similarly, as a resjuggle my time between my family, bartenders, the managers. Everyone Somewhere between Donna Hay taurateur, I feel it is a guiding prinmy businesses and my community. In is doing their best to offer a great and Martha Stewart. cipal, and my responsibility, to make terms of being prepared, I have had guest experience, good food and solid sure everyone is fed and has access to phenomenal mentors throughout my service. It’s a hard industry that is What is your dream job, outside healthy food, especially children. career — Steve Wynn, Elaine Wynn built on people and interactions with of your current field? and Sirio Maccioni, to name a few — one another. As an owner and operaSummer camp counselor. What are you reading right now? and that has certainly had a major tor, I appreciate the ability to hear I just started “I Am Malala” by Maimpact. guest feedback, but I feel that Yelp Whom do you admire and why? lala Yousafzai. gives too strong a voice and too much My dear friend Kerry Simon beWhat charitable organizations of a platform to people who a lot of cause of his incredible courage and What do you do after work? are you a part of? the time do not appreciate, respect or fortitude. Kerry and I have been best Spend time with my son, Cole, and I proudly chair the Culinary Coununderstand the work that goes into friends for 18 years, since we both our two golden retrievers, Dodger cil for Three Square, I sit on the state running restaurants and empowers moved to Las Vegas from New York. and Brookie; and I plan vacations. board for Communities in Schools in a voice that is rarely informed or acI have been his “big sister” for more Nevada, as well as the board of trustcurate. than a decade and have always adDescribe your management style. ees at the Culinary Institute of Amermired and respected his kind heart, Direct and hands on. Whether sitica and the Dean’s Advisory Council What is something people might his positive spirit and his enormous ting with a manager or a hostess in at UNLV. I also actively support the not know about you? capacity for friendship. His fight with one of the restaurants or addressing Lou Ruvo Center for Brain Health I hate foie gras. I do not like liver. As MSA has devastated everyone in his a board of directors or a group of exand Keep Memory Alive, where we a child, my grandmother used to cook life. ecutives as a consultant, I think it is have set up a fund to help fight Mulchicken livers with onions, and the extremely important to speak clearly tiple System Atrophy (MSA). smell completely overwhelmed me. I What is your biggest pet peeve? and directly on your expectations To me, education is a bedrock of our have never recovered. Yelp! I think it is fair to say people and intentions. society, and it is crucial to ensure that
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get to know a local business
aug. 30 - sept. 5
Send your business-related information to news@vegasinc.com
by the numbers
85
Age of the Las Vegas Club, the historic downtown casino that closed Aug. 20.
$12,000
Cost of full-time immersive classes at the downtown campus of Iron Yard, a webcoding school.
3.4 million
Number of monthly visitors to vegas.com, a popular travel website based in Henderson. The site recently was acquired by Las Vegas-based Remark Media Inc.
$3 billion
Estimated economic impact of the Las Vegas Medical District by 2030.
1,600
Number of Clark County School District teachers who left their jobs during the 2014-15 school year. School started Aug. 24 with more than 900 full-time classroom positions vacant.
12,230
Number of Nevada businesses that filed their first claim for unemployment benefits in July, 955 fewer applicants than June.
$360 million
Amount Penn National Gaming will pay to buy the Tropicana. The Nevada Gaming Commission unanimously approved the transaction.
15
Number of years medical marijuana has been legal in Nevada. On Aug. 24, Clark County opened its first retail dispensary.
350,000
Square footage of an expansion to Mandalay Bay’s convention center.
$70 million
Cost of the Mandalay Bay expansion project. Once completed, the center will have more than 2 million square feet of space.
Ken Goodrich owns Honeybee AC and the Sunny Plumber brands under his company, U.S. Peach. (mikayla whitmore/staff)
‘Overcoming seemingly insurmountable obstacles is the foundation of a great company’ Describe your business.
U.S. Peach provides commercial and residential HVAC and plumbing maintenance, repair and replacement services. It includes the brands Honeybee AC and the Sunny Plumber. How have the plumbing, heating and air-conditioning industries changed?
honeybee AC and the sunny plumber Address: 8311 W. Sunset Road Suite 200 Phone: 702-749-8100 Email: ken@kgoodrich.com Websites: honeybeeac.com, thesunnyplumber.com Hours and days of operation: 24/7/365 Owned/operated by: Ken Goodrich In business since: 2012
Technology has created growth opportunities. What once was a typical mom-and-pop industry has morphed into a sophisticated business model in which companies are operating regionally and nationally. You are growing your company. How has establishing your business in Las Vegas helped you expand to new cities?
First and foremost, Las Vegas is my home. I am a native Las Vegan, and this is where my family is, where my children went and go to school, and where my friends and many of my business associates live. In addition, Las Vegas is an excellent central hub to execute a Southwest U.S. regional business and offers certain tax advantages. How have you adapted your business to fit the growing needs of Southern Nevada?
We are implementing a neighborhood-specific branch model, whereby our service teams will stay within a certain geographic location within the city rather than try to cover the entire Las Vegas Valley each day. This will allow us to provide immediate service to homes and businesses, save on drive time and fuel costs, and support neighborhood schools, senior centers, sports programs, etc.
ings such as strip malls, industrial buildings and shopping centers. What is your business philosophy?
Build a culture of positive impact — our teams endeavor to make daily positive impacts on our customers, fellow team members, community and the industry — and success will follow.
What is the hardest part about doing business in Las Vegas?
The skilled labor pool is aging and shrinking, and the millennials have not yet been inspired to take up the trades. What is the best part about doing business here?
Las Vegas is business friendly, and we still have opportunities left for entrepreneurial types. What obstacles has your business overcome?
I started my first business when I was 25 years old, with no capital, no plan, no management or administrative skills, which led to several years of trials and tribulations. Now 25 years later, I look back on those challenging times and believe overcoming seemingly insurmountable obstacles is the foundation of an enduring, great company. How can Nevada improve its business climate?
Keep attracting manufacturing and distribution companies such as Tesla and Amazon and continue to diversify our economy. What have you learned from the recession?
Who are your customers?
Single-family homeowners and light-commercial build-
Always be prepared for the ups and downs of all things, as there is opportunity in both the hills and the valleys.
talking points Send your business-related information to news@vegasinc.com
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On J.D. Morris’ vegasinc.com story “Las Vegas Club, one of downtown’s oldest casinos, closes”: The Las Vegas Club was the first casino that ever gave us room comps. ... We were always made to feel valued. — EnglishBill Used to be my favorite place to play blackjack. Not only did they have the most favorable rules for players, they also broke in a lot of new dealers. — BillyWeems2 On J.D. Morris’ vegasinc.com story “Tighter slot machines might be hurting revenue, industry research suggests”: How is it fun if everybody is losing and there’s almost no chance of winning? I stopped playing because I know I’d make more money working for minimum wage at a fast-food place. — JohnnyBoyCali When I came to town in the ’80s and ’90s, you heard winners on a regular basis. Now when I sit at a bar and listen, I just don’t hear many winners. — NVBill On Eli Segall’s vegasinc.com story “Sorry, investors — house flipping in Las Vegas isn’t what it used to be”: The flipping days are gone for now. But history is always bound to repeat itself. — patrcik317
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Tips for employers who want to test for drugs
T
guest column: drug. Alerting staff members beforehand will here are many factors to keep in jessica kantor give them a chance to let the lab technician mind when testing employees know of any legal prescriptions that may show for drugs. From dealing with up positive on their test. annoyed staff to making sure 4. Don’t fear the reefer. Some you’re testing for the right substances, here employers wonder whether medical marijuana will take are some tips to help your office drug testing go smoothly. over the workplace, but employers most likely will not 1. Ensure that all employees are aware of the company’s drugsee a difference in productivity or workflow due to the testing policy. This means newly hired staffers are told before legalization of medical cannabis. It is up to an employer they start, and current staffers are alerted before testing occurs. to decide if someone with a medical card gets a free pass “Drug testing isn’t going to hurt anyone, but people still on a positive drug test. Just keep in mind, if you allow one have rights,” said Kurt Gunther, compliance manager at employee to have a free pass, expect others to ask for it, too. Solutions Recovery Inc. “Employers have the right to test 5. Be ready to help employees. Keeping a drug-free for drugs, but employees have the right to say no. You can’t workplace isn’t about being in control of employees’ lives; it infringe on someone else’s rights.” is about ensuring safety. If an employee comes to you before Managers also need to be sure they are supportive of a drug test and tells you he or she may have a problem, you employees by answering questions about how, why and should help. Whether that means paying for treatment where drug testing will occur, Gunther said. or being understanding in terms of time off to receive 2. Send your staff to an off-site drug-testing lab. This treatment is up to you. However, if an employee confides will ensure all of the proper guidelines are followed for in you and asks for help, you should not just fire him or her. cleanliness and confidentiality. Tell employees that during That approach isn’t fair to the person who works for you, a specific workday, they will need to find time to get tested. and it sets a negative precedent other employees will note. Pay them for their time. “There should be an assistance program at all 3. Tell employees what they will be tested for. There companies,” Gunther said. “Employees are people, and is a standard 12-pack tester that tests for drugs such as people have problems. You can’t expect someone to turn off methamphetamine, opiates, marijuana, cocaine and morphine. their life problems from 9 to 5 during the week.” If you want to test only for a specific drug, you can specifically Jessica Kantor is content developer at Solutions Recovery request that. However, testing with the standard 12-pack Inc., an addiction recovery center in Las Vegas. demonstrates you are not on a witch hunt for a specific type of
Smith’s world
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
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your Business-to-business news
aug. 30 - sept. 5
Send your business-related information to news@vegasinc.com
In Las Vegas speech, Obama touts continued clean energy By conor shine and kyle roerink Staff Writers
President Barack Obama told a crowd in Las Vegas that now “is not the time to pull back” on federal investment in renewable energy projects. The president’s remark came during a speech at National Clean Energy Summit 8.0, organized by Sen. Harry Reid, D-Nev., where Obama pledged $1 billion in federal loan guarantees for rooftop solar panels on American homes. The administration will use an existing program to distribute the money. The president also announced that he would create programs to provide no-money-down solar panels to consumers nationwide. Obama’s speech comes amid ongoing controversy over solar power in Nevada. Mandalay Bay, where the president spoke, is attempting to leave NV Energy and produce its own power, a move that could subject it to at least $88 million in exit fees. The roof of the hotel’s convention center is home to one of the largest rooftop solar arrays in the world. The president took a veiled swipe at NV Energy, praising local utilities in Oklahoma and Texas that were embracing solar, and adding: “(Consumers) can tell (their) utility company that they want renewable energy and have solar on the roof by the weekend. That’s power. That’s the future. It’s an American energy revolution. Good utilities recognize this and are adapting business models to seize the opportunities of this emerging energy reality.” Obama said the nation is in the middle of a largescale transition toward new forms of energy production. “Clean power from the sun is cheaper than conventional power from the utility,” he said. “It is impossible to overstate what this means. For de-
by more than 30 percent in the next 15 years. Obama said that policy was the “single most important step America has ever taken to combat climate change.” Obama also said there were strange bedfellows forming on renewable power. “In some states, we have the Green Party and the Tea Party teaming up (for) clean energy,” he said. “It is rare that the Tea Party leaders and I are on the same side of an issue. I agree with them here.” After arriving in Las Vegas aboard Air Force One, Obama spoke briefly with Gov. Brian Sandoval, Las Vegas Mayor Carolyn Goodman and Clark County Commission Chairman Steve Sisolak. Goodman handed Obama what she called a “brag sheet” toutPresident Barack Obama shakes hands with Senate ing Las Vegas’ efforts to use green energy and proMinority Leader Harry Reid, D-Nev., after delivering the mote energy efficiency, and Sandoval joined Obama keynote address during National Clean Energy Summit in his motorcade. 8.0 at the Mandalay Bay Convention Center. (steve The introduction to Obama’s speech began with marcus/staff) a performance of the state’s song, “Home Means Nevada,” by Brandon Flowers of the rock band The cades, we’ve been told that it’s not possible to switch Killers. Flowers is a Nevada native. to renewable energy. Today, that is no longer true.” MGM Resorts CEO Jim Murren followed Flowers, The president’s visit underscores his close relationapplauding the White House’s American Businesses ship with Reid. The two have been outspoken on cliAct on Climate Pledge, which calls to eliminate 6 bilmate change and have worked on projects to cut the lion tons of carbon pollution through 2030. Murren prices of solar panels and reduce carbon emissions. committed to join that initiative by reducing MGM Obama used the speech to criticize a pair of Reid’s Resorts’ energy consumption by 20 percent by 2020. favorite targets, conservative mega-donors Charles Then came Reid, who said Obama would “forever and David Koch, saying, “massive lobbying efforts be remembered as the leader who “finally put the backed by the fossil fuel (industry), conservative world on a path to stop climate change.” Reid rethink tanks or the Koch brothers to roll back renewceived a standing ovation from the crowd. able energy standards or prevent new clean energy Obama has visited Las Vegas 14 times and other businesses from succeeding (are) a problem. That’s parts of Nevada four times during his presidency. not the American way.” “It shows how deeply devoted he is to Nevada and The speech follows Obama’s announcement of his its people,” Reid said. “Clean Power Plan” that would limit U.S. emissions
Mortgages issued by lenders up this year, almost on par with national average By Eli Segall Staff Writer
Lenders have been issuing Las Vegas homebuyers more mortgages this past year, but volume still pales in comparison to the peak of the real estate bubble, a report says. A total of 8,191 mortgages were doled out for home purchases in Southern Nevada in the three months ending June 30, up 8 percent from the same period last year, according to RealtyTrac. The pace was just behind the national average. Lenders issued roughly 738,000 loans for purchases nationally in the second quarter, up 9 percent year-over-year. Meanwhile, lenders have been refinancing mortgages locally and across the country at a rapid pace amid historically low interest rates that, despite rising since January, remain below last year’s levels. A total of 10,273 refinancing loans were issued in the second quarter in the Las Ve-
gas area, up 40 percent from the same period last year, RealtyTrac reported. Nationally, lenders wrote more than 1.2 million “refis” last quarter, up 32 percent. The average interest rate in June for a 30year mortgage was 3.98 percent, up from 3.67 percent in January but down from 4.16 percent in June 2014, according to mortgage-finance company Freddie Mac. Rates climbed again in July, to an average of 4.05 percent. Despite the upswing in Las Vegas for purchases, mortgage lenders were far busier here last decade before the economy collapsed, when banks gave money to practically anyone to buy property. Fueled by easy money, housing prices skyrocketed. During the bubble years of 2004 to 2006, lenders issued an average of 7,331 loans each month for home purchases in Southern Nevada, according to RealtyTrac data.
Pressure from lenders leads to more foreclosure filings in Nevada By XXXXXX
By Eli Segall Staff Writer
Nevada’s foreclosure woes remained among the worst in the nation in July as lenders ramped up pressure on delinquent borrowers, a new report shows. One in every 587 homes statewide received a foreclosurerelated filing in July, up 15.4 percent from June and 9.5 percent from July 2014, according to RealtyTrac. Nationally, one in every 1,057 homes received a foreclosure filing, up 6.7 percent from June and 14.1 percent from a year ago. Nevada had the fourth-highest foreclosure rate in the country in July, behind Florida, Maryland and New Jersey. For the report, RealtyTrac counts notices of default — which start the foreclosure process — as well as scheduled auctions and bank repossessions. In Nevada, creditors seized 419 homes during the month, down 1.6 percent from June but up 64 percent from last July. They also started the foreclosure process on 922 homes, up 18.5 percent from June but down 11 percent from a year ago.
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2015 CONTRACTOR OF THE YEAR AWARDS CO NT R ACTO R AWAR D S ENTRY FO RM Please type or print legibly. Limit one entry in each category per person/firm. Entry deadline is September 4, 2015. Please submit to the AGC/NCA office at 150 N. Durango Drive, Suite 100, Las Vegas, NV 89145. Tel: (702) 796-9986 | Fax: (702) 796-1629 or nadia@agclv.org.
NOMINATED FIRM __________________________________________________________________________________________ CONTACT NAME ___________________________________________TEL _____________E-MAIL ______________________ NOMINATING PARTY _______________________________________________________________________________________ CONTACT NAME ___________________________________________TEL _____________E-MAIL ______________________ CATEGORY_________________________________________________________________________________________________
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(Categories: Contractor of the Year, Subcontractor of the Year, Associate of the Year, Supplier of the Year, Safest Contractor of the Year, Civil Project of the Year, Building Project of the Year, and J.A. Tiberti Spirit Award. Entrants may submit under more than one category; however, a separate entry form is required for each additional entry. Nominated categories are judged through the following dates: October 2014 to October 2015).
REASON/EVIDENCE FOR NOMINATION
(You may attach additional collateral material, including pictures, if necessary. Please limit the total number of attachments to 3 sheets.)
____________________________________________________________________________________________________________ ____________________________________________________________________________________________________________ ____________________________________________________________________________________________________________ All entries will be judged by a non-bias, cross-panel of peers, and will be decided upon by myriad of criteria. Entry deadline is September 4, 2015. Winners will be announced during an AGC/NCA awards luncheon on Friday, Oct. 16, 2015. Finalists will be notified in advance. Limit one entry in each category per form. All nominees must be an AGC and/or NCA member in good standing. Firms may nominate themselves. No entry fees apply.
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Las Vegas house flipping not what it used to be By eli segall Staff Writer
Daniel Wiafe, a self-proclaimed “house-flipping ninja,” boasts online that he can teach people to “flip houses for ca$h money!” The Las Vegas investor and reality TV star goes after homes whose owners are itching to sell. They’re people who want “fast cash ... even if they take a big loss,” Wiafe said, like a down-on-its-luck family that pawns its jewelry. House flippers can make money in the valley, he said, but it’s probably not the best market these days. “There are way too many people trying to get into the real estate game down here,” he said. House flipping was a hallmark of the real estate bubble, when investors, often with little or no experience but backed by easy money, bought homes and sold them for profit a short time later. The get-rich-quick tactic helped inflate prices to absurd levels until the bubble burst and the economy crashed. Southern Nevada remains one of the most popular places in America to flip houses, the result of flippingfocused reality TV shows and Las Vegas’ lower home prices, transient population and long-standing image as an easy place to make a quick buck, industry pros say. But flipping isn’t nearly as common here as it used to be, and investors can make a lot more money elsewhere. Flipping comprised 7.7 percent of single-family home sales in the Las Vegas area in the quarter ending June 30, down from 9.7 percent the same time last year, according to RealtyTrac, which defines flipping as selling a house within a year of buying it. Investors booked an average return of 28.5 percent — or about $48,200 — on each deal last quarter, up slightly from 27.4 percent a year earlier. Despite the drop in volume, Las Vegas tied for 11th in the country for its share of flips. Fernley, a small city near Tesla Motors’ new battery plant in Northern Nevada, was No. 1, with flips comprising 11.4 percent of all sales, RealtyTrac reported. Nationally, 4.5 percent of singlefamily home sales last quarter were flips, down from 4.9 percent a year earlier, and investors made an average return of 36 percent — or about $70,700 — last quarter, up from 23.4 percent a year ago, according to RealtyTrac.
Daniel Wiafe, a local real estate investor, calls himself a “house-flipping ninja.” (l.e. baskow/staff)
Those profits are the sales price minus the purchase price and do not account for renovations or other costs the flippers incur. Las Vegas broker and investor Glenn Plantone was flipping five to seven homes per month here a few years ago, when prices were growing faster than they are now. Today, he’s not finding as many lucrative deals in the valley but has about 15 deals in the pipeline in Charlotte, N.C., where he flips homes with his brother. “Now that Vegas is kind of drying up, I’m looking at other markets,” said Plantone, owner of VIP Realty Group. Realty One Group broker Mark Sivek has a client who a few years ago bought about 100 homes to flip. Today, profits are getting squeezed on new deals, so “we really haven’t done much,” Sivek said. “Is there still an opportunity (to flip homes)? Yes, but certainly not like what it” used to be, said Heidi Kasama, managing broker of Berkshire Hathaway HomeServices’ Summerlin office. Nationally, slowing price growth and a possible interest-rate increase — which would raise borrowing costs, potentially shrinking the pool of buyers — could pinch flippers’ profits in the coming year, RealtyTrac Vice President Daren Blomquist said. He also noted that lenders aren’t repossessing nearly as many homes as they used to. Discounted, bank-owned houses had been a “major source of supply” for flippers in recent years, he said. Southern California investors told Blomquist they’ve stopped flipping because of narrower profits, but he
suspects they won’t be gone forever. “They’ll probably come back to it at some point,” he said. Last decade, few places got as crazed with flipping as Las Vegas, the epicenter of America’s real estate bubble. In late 2004, a peak of 18.9 percent of single-family home sales in the valley were flips, compared with a national peak of 8 percent in early 2006, according to RealtyTrac. Lenders gave mortgages to practically anyone, often for little or no money down, and it seemed everyone was an investor, even if they didn’t know anything about real estate. Tim Kelly Kiernan, now a real estate agent, had a craps dealer friend who loaded up on homes. “This guy can barely walk and chew gum at the same time, and he’s got nine houses,” said Kiernan, of Re/Max Benchmark Realty. “It’s crazy.” After the market crashed, investors streamed in to gobble up cheap homes, pushing up prices here at some of the fastest rates nationally. They typically rented out the properties, but a good number of buyers came for quick profits, including Wiafe, the House Flipping Ninja. A former Internet marketer, Wiafe got into real estate in Tulsa, Okla., in 2010. His online tutorials caught the attention of HGTV producers, who signed him and his wife, Melinda, to star in their own show, “Flipping the Heartland.” “Daniel Wiafe is a real estate maverick who takes risks because he believes he’ll come out on top no matter what,” the show’s website says. “Melinda, his savvy wife and business partner, crunches numbers and does
her best to keep Daniel from running the family into the red.” The first season, with 13 episodes, aired this year. Wiafe, who still spends a few months a year in Tulsa, moved to the valley in 2012. He works from a second-floor office suite on Rainbow Boulevard at Washington Avenue, although the sign on his front door is for Nevada Divorce Center, his document preparation and filing venture (“Home of the $199 Nevada Divorce!”). Working from lists he buys, Wiafe says he targets houses held by “absentee” owners, including people who inherited a home but don’t have the money to fix it up; those who bought a place years ago as a vacation home, but the house is “just sitting there, rotting”; or out-of-town landlords whose tenants trashed the place. The first house he flipped locally was owned by a woman in Ohio who bought it in 2001 for $250,000. Her renters had turned it into a marijuana grow-house and, according to Wiafe, had racked up $70,000 in unpaid power bills. Police raided the house. Wiafe bought it for $110,000, put $1,000 worth of touch-ups into it and sold it for $140,000 to an investor. That buyer made $25,000 worth of repairs and sold the house for about $220,000. “He made a killing,” Wiafe said. Faced with higher prices they helped create, investors have been backing out of Las Vegas. Price growth has slowed substantially from a few years ago, but homes still are cheaper than in other major markets, and plenty of wannabe flippers want in. Thanks in no small part to reality TV shows such as “Flipping Vegas” and “Flip this House,” flipping seems like an easy payday to many would-be investors, real estate agents say — that is, until they find out what’s needed to rehab a beat-up house and make a profit selling it. “Lots of people are armchair quarterbacks, but once they see what it takes, they back off,” broker Sivek said. Kasama, of Berkshire, met with a Las Vegas man in his mid-20s who wanted to buy a house, hire low-priced contractors and sell the place for a 10 percent return. He had never flipped a house, but as Kasama put it, “people have these visions in their head.” “It isn’t out there,” she said of his dreamed-up profit. “And he’s still thinking about it.”
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location, from page 1
Experts give advice on picking the right spot nearby, a large daytime population, synergy with other restaurants and retailers and nearby traffic generators such as malls, office complexes or hospitals. Many restaurant operators like to
be near other successful restaurants “since it shows that the trade area has a track record for supporting the sales necessary to be successful,” said Kelly Bland, senior vice president and principal of NAI Alliance, a
commercial real estate company. Having a cluster of restaurants also creates a destination area for people looking to eat out. “They may not know where exactly they’ll eat until they get to the dis-
trict and then decide from the many options available” Bland said. What should restaurateurs look for in a location? And what should they do when they find good space? Industry experts offered their advice.
Running the numbers “Look at the real cost of the rent as a percentage of the sales volume anticipated for that location. This percentage should be incorporated in the lease agreement in case traffic falls or is not what was anticipated.”
“The first responsibility an operator has is to do a pro forma based on the occupancy costs, including base rent, common area charges, real estate taxes, insurance, loading dock charges, etc. If the concept cannot make the numbers work, it doesn’t matter how good the location might be. For example, in some bedroom communities, the heavy traffic will only be on weekends. In a community filled with college students, a fine-dining restaurant won’t work except for parents’ visiting day. If the concept does not resonate with the local area population or fill a lifestyle need, it will not succeed.”
— John Andrews-Anagnostaras, principal of Landmark Design Inc. in Las Vegas
“First and most critical is run your pro forma — find your break-even point — prior to signing for any commercial space. I can do this by plugging in comparable numbers of rents, per month, per period or per annum. Run the numbers conservatively, average and optimistically. Know your walk-away number prior to doing any walk-through of a site. If you don’t know how, hire someone who does. Share your number with the real estate broker.”
— Veteran restaurant consultant Arlene Spiegel, president of Arlene Spiegel & Associates in New York
— Rudy Miick, founder and president of Miick Associates, a food-service consultancy in Boulder, Colo.
Choosing a space “Visibility is always better than hidden; more parking is better than less; (and) a great landlord views a tenant as a partner. A bad landlord can make your life hell.” — Chase Leblanc, a hospitality management consultant in Golden, Colo.
“Many restaurant operators look for second-generation restaurant spaces where the previous tenant has already installed many of the requirements for a restaurant. This helps keep the remodeling costs down, as opposed to configuring a restaurant from a regular retail space.”
“New grease and old sewer lines make bad bedfellows.” — Leblanc
“Money is made from the dining room or carry-out space, not the kitchen. Money is made by rolling your inventory, not storing inventory.”
— Bland
— Miick
“If your concept is breakfast, be on the side of traffic moving in your direction, not across the street. If you’re a bar or evening-dominant, be on the side of the street headed ‘home.’ Be at the ‘end’ of the block instead of the beginning, and be on a corner, ideally.” — Miick
Negotiating a lease “Landlords know that restaurants are the riskiest of tenants and, unless they’re very desperate, will not give concessions beyond maybe some free rent. They may give a bit more for a corporate lease like McDonald’s or Cheesecake Factory but not for a franchisee or a mom and pop, no matter how cute they are. And they’re going to make sure that everything is paid for in your space. They don’t want a bunch of liens filed on their space.” — Las Vegas architect Howard Perlman, principal of the Perlman Design Group
“You want an escape clause, a buyout if for any reason
lease if possible.” If not, define the triple net expenses (insurance, common area maintenance and taxes). “Do not pay more than industry norms on the percentage of gross sales. If possible, be able to sublet.”
The build-out allowance provided by a landlord is key “because some of the mechanical systems such as air conditioning, kitchen exhaust/makeup air, plumbing and waterproofing of floors might be extraordinarily expensive.”
— Miick
— Andrews-Anagnostaras
you need out of your lease. Get a first right of
refusal on joining space and/or in the event of a sale of the property; get a gross
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Calendar of events Tuesday, Sept. 1 Gaming law conference: “Regulating landbased casinos” When: Through Sept. 4 Cost: $1,295 for entire conference, $350 for one-day registration Location: UNLV William S. Boyd School of Law, 4505 S. Maryland Parkway, Las Vegas Information: Email nakia.jackson-hale@unlv.edu During this four-day conference, gaming experts will lead sessions and panel discussions on gaming regulation, compliance, operations and enforcement. Topics will include legalized gambling, gambling policy, problem gambling, gaming technology, auditing and accounting, crime and enforcement, and more. Entrepreneurs Expo Time: 6-9 p.m. Cost: Free Location: Suncoast, 9090 Alta Drive, Las Vegas Information: Email lvbnmlasvegas@aol.com Meet Clark County entrepreneurs, stop by more than 50 business exhibits and learn about new business opportunities. There will be raffle drawings and free food samples.
Thursday, Sept. 3 Henderson Chamber of Commerce: State of the Chamber address Time: Registration begins 11:30 a.m. Cost: $55 for members, $75 for nonmembers Location: M Resort, 12300 Las Vegas Blvd. South, Henderson
Information: Email disraelson@hendersonchamber.com Join the Henderson Chamber of Commerce as it celebrates its 70th anniversary. Highlights of the chamber’s achievements will be showcased, and a new chairman of the board will be installed. Las Vegas American Marketing Association - Brand Advocates: “Turning Enthusiastic Customers into a Powerful Marketing Force” Time: 11:30 a.m.-1 p.m. Cost: $35 for members, $45 for guests Location: Fleming’s Steakhouse, Town Square, 6515 Las Vegas Blvd. South, Las Vegas Information: Email contact@amalasvegas.com Rob Fugetta, founder and CEO of Zuberance, will discuss ways to engage customers and encourage them to spread the word about your business to increase sales.
Wednesday, Sept. 9 SIOR Southern Nevada Chapter luncheon Time: 12-1:15 p.m. Cost: Free for members and sponsors, $40 for candidate members, $50 for nonmembers invited by a member, $100 for nonmembers invited by a sponsor Location: Maggiano’s Little Italy, 3200 Las Vegas Blvd., South, Las Vegas Information: Email katrina@amnevada.com Join members of the Society of Industrial and Office Realtors and Certified Commercial Investment Members from California and Utah to discuss the real estate market in the western United States.
Thursday, Sept. 10 The Social Register’s Business Networking Event Time: 6-8 p.m. Cost: Free for members and guests, $20 for nonmembers Location: Foundation Room, Mandalay Bay, 3950 Las Vegas Blvd. South, Las Vegas Information: Visit web.lvchamber.com Enjoy complimentary hors d’oeuvres while meeting high-level executives and business owners to expand your network.
Friday, Sept. 11 Commercial Alliance Las Vegas symposium Time: 7:30 a.m.-4 p.m. Cost: $99 for members, $149 for nonmembers Location: Gold Coast, 4000 W. Flamingo Road, Las Vegas Information: Email gmccabe@bpadlv.com Local real estate experts, including Kevin Buckley and Mark Fine, will discuss how the industry and community have changed. BYU Management luncheon Time: 11:30 a.m.-1 p.m. Cost: $30 for members with RSVP, $35 for members without RSVP, $15 for students, $30 for guests with RSVP Location: Brady Industries, 7055 Lindell Road, Las Vegas Information: Call Douglas Winters at 702-8789788 Jacob Snow, former Henderson city manager, will be guest speaker.
Conventions
expected Show Location Dates attendance
Las Vegas DJ Show
Planet Hollywood
Aug. 30-Sept. 2
1,500
Gay Days Las Vegas
Luxor
Sept. 4-14
10,000
Interdrone
Rio
Sept. 6-12
3,000
Super Mobility Week
Sands Expo and Convention Center
Sept. 9-11
40,000
The Experience Convention and Tradeshow
Mirage
Sept. 9-11
2,500
Box Fan Expo
Las Vegas Convention Center
Sept. 12
5,000
SANS Institute - Network Security
Caesars Palace
Sept. 13-19
1,500
DevConnections
Aria
Sept. 14-17
1,500
Wedding MBA Convention
Las Vegas Convention Center
Sept. 15-16
2,400
National Recreation and Park Association Congress and Exposition
Mandalay Bay
Sept. 15-17
8,000
Las Vegas Souvenir and Resort Show
Las Vegas Convention Center
Sept. 16-19
6,000
18
VEGAS INC
the data
aug. 30 - sept. 5
Send your business-related information to news@vegasinc.com
Records and Transactions Bankruptcies CHAPTER 7 Foothills Pediatrics LLC 2902 Shining Sun Way Henderson, NV 89052 Attorney: James T. Leavitt at james@leavittbk.com
Bid Opportunities THURSDAY, SEPT. 3 2:15 p.m. Clark Place parking garage: Structural wall improvements Clark County, 603735 Sandy Moody-Upton at scm@ clarkcountynv.gov
FRIDAY, SEPT. 4 2:30 p.m. Ammunition State of Nevada, 8365 Heather Moon at hmoon@admin. nv.gov 3 p.m. Annual requirements contract for janitorial services at Walnut Recreation Center Clark County, 603776 Deon Ford at deonf@clarkcountynv.gov
Brokered transactions SALES $15,100,000 for 180,000 square feet, industrial 4750 N. Lamb Blvd., Las Vegas 89115 Seller: Pamida Realty LLC Seller agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank Buyer: Bixby Land Co. Buyer agent: Did not disclose $970,000 for 10,646 square feet, automotive repair facility 3045 N. Lamb Blvd., Las Vegas 89115 Seller: Talmer West Bast Seller agent: Paul Chaffee and Wil Chaffee of NAI Vegas Buyer: Robbie Auto Inc. Buyer agent: Eric Larkin of NAI Vegas $499,000 for 3,714 square feet, medical office condominium 7435 Azure Drive, Suite 190, Las Vegas 89130 Seller: TIB LLC Seller agent: Soozi Jones Walker and Bobbi Miracle of Commercial Executives Real Estate Services Buyer: WMK Properties LLC Buyer agent: Did not disclose $225,000 for 1,650 square feet, office
3221 E. Warm Springs Road, Las Vegas 89120 Seller: Did not disclose Seller agent: Did not disclose Buyer: Did not disclose Buyer agent: Did not disclose $215,000 for 1,448 square feet, office 150 S. Decatur Blvd., Las Vegas 89107 Seller: Bayview Loan Servicing Seller agent: Salina Ramirez of Commercial Executives Real Estate Services Buyer: Ingris N. Lopez Buyer agent: Did not disclose
LEASES $328,000 for 2,553 square feet, office for 60 months 6169 S. Rainbow Blvd., Las Vegas 89118 Landlord: Janet Yasuko Kotake Landlord agent: Soozi Jones Walker and Bobbi Miracle of Commercial Executives Real Estate Services Tenant: Children’s Dental Specialists LLP Tenant agent: Did not disclose $248,885 for 10,769 square feet, industrial for 38 months 3055 Palms Center Drive, Las Vegas 89103 Landlord: Did not disclose Landlord agent: Gabe Telles, Ali Roesener, Sean Simon, Craig Summers and Jennifer Bridges of Gatski Commercial Tenant: Chicago Motor Cars of Las Vegas Inc. Tenant agent: Did not disclose $208,592 for 5,917 square feet, industrial for 63 months 3525 W. Cheyenne Ave., North Las Vegas 89032 Landlord: BKM Cheyenne 104 LLC Landlord agent: Ali Roesener, Gabe Telles and Tom Wagener of Gatski Commercial Tenant: El Buen Pastor Inc. Tenant agent: Sun Loper of Go Global Realty $197,234 for 4,320 square feet, industrial for 60 months 3200 Polaris Ave., Las Vegas 89102 Landlord: Equus Business Center LP Landlord agent: Sean Simon and Tom Wagener of Gatski Commercial Tenant: Sherwin Williams Paint Co. Tenant agent: Did not disclose $181,435 for 1,699 square feet, retail/restaurant for 62 months 7885 W. Sunset Road, Suite 180, Las Vegas 89113 Landlord: Allen-Milan LLC Landlord agent: Soozi Jones Walker of Commercial Executives Real Estate Services
Tenant: Lifetime Health Concepts Tenant agent: Did not disclose $43,263 for 1,380 square feet, retail for 36 months 546 N. Eastern Ave., Suite 130, Las Vegas 89101 Landlord: Plaza Las Americas Landlord agent: Matt Stone of Las Vegas Development Company Tenant: Maria Romero dba No Drama Bail Bonds Tenant agent: Jakke Farley of Virtus Commercial
BUSINESS LICENSES Sanford Innovations LLC License type: Management or consulting service Address: 7495 W. Azure Drive, Suite 110, Las Vegas Owner: Detrick Sanford Scott A. Fulwider Insurance Agency License type: Insurance agency Address: 2298 W. Horizon Ridge Parkway, Suite 100, Henderson Owner: Scott A. Fulwider Insurance Agency Silver State Commercial Services License type: Repair and maintenance Address: Did not disclose Owner: Samantha McClure Simon Lawn Maintenance License type: Residential property maintenance Address: Did not disclose Owner: Esperanza Santiago Martin SLA Consulting LLC License type: Accounting firm Address: 2920 N. Green Valley Parkway, Suite 525, Henderson Owner: SLA Consulting LLC Slingshot Power License type: Contractor Address: 7260 Dean Martin Drive, Suite 900, Las Vegas Owner: Did not disclose Spicy Glitter License type: Clothing Address: 1569 Ravanusa Drive, Henderson Owner: Tylene Marie Kandis Sprouts Play House License type: Family day care Address: 6112 Ozark Hike St., North Las Vegas Owner: Schleisman Family Stefena Wayne Fashions License type: General retail sales Address: 1717 S. Decatur Blvd., Suite H28, Las Vegas Owner: Donald Kauffeld Still Waters Behavioral Health and Family Services License type: Professional services
Address: 500 N. Rainbow Blvd., Suite 300, Las Vegas Owner: DeAngelo Candler Stratosphere Tower Casino & Hotel License type: Food services or cafe Address: 2000 Las Vegas Blvd. South, Suite B06, Las Vegas Owner: Stratosphere Gaming LLC Studio G Architecture License type: Architectural firm Address: 1879 Whitney Mesa Drive, Henderson Owner: Pacific Design Studio LLC Sunset Wine Shop License type: Sales - wine Address: 1300 W. Sunset Road, Henderson Owner: Lake Entertainment & Management LLC Synergy Electrical LLC License type: Contractor Address: 6362 Hermes Stables Court, Las Vegas Owner: Synergy Electrical LLC Tammy M. Caruso License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Tammy M. Caruso The Egg And I License type: Restaurant service bar Address: 4533 W. Sahara Ave., Suite F5, Las Vegas Owner: The Egg & I Inc. Tingting Wu License type: Reflexology Address: 6340 W. Charleston Blvd., Suite 130, Las Vegas Owner: Tingting Wu Tori Contracting LLC License type: Contractor Address: 3575 W. Post Road, Las Vegas Owner: Scott Acton Tow Guys License type: Automobile towing service Address: 1414 Industrial Road, Las Vegas Owner: Mai Niv Enterprises Inc. Triangle Associates Inc. License type: Contractor Address: 6170 N. Durango Drive, Las Vegas Owner: Craig Datema Trim N Skim Lawn and Pool Service/Maintenance License type: Residential property maintenance Address: Did not disclose Owner: Joe Allison Triple 7 Services LV Corp. License type: Wholesale Address: 4345 Corporate Center Drive, North Las Vegas
Owner: Triple 7 Services LV Corp. USA Insurance License type: Insurance agency Address: 1150 S. Eastern Ave., Suite 130, Las Vegas Owner: PTM Worldwide Solutions LLC Vapourpoint LLC License type: Office Address: 7330 Eastgate Road, Suite 110, Henderson Owner: Vapourpoint LLC Vesp Investigations LLC License type: Professional services Address: Did not disclose Owner: Gavin Vesp Vicki Lopez License type: Residential property maintenance Address: Did not disclose Owner: Vicki Lopez Waterford Wedgwood Royal Doulton License type: General retail sales Address: 455 S. Grand Central Parkway, Suite C-0154, Las Vegas Owner: WWRD US LLC Wireless Clinic License type: General retail sales Address: 1803 E. Charleston Blvd., Las Vegas Owner: Jose A. Dominiguez Xtreme Manufacturing LLC License type: Manufacturing Address: 8350 Eastgate Road, Henderson Owner: Xtreme Manufacturing LLC Zam! Waterless Car Wash License type: Mobile auto detailing Address: 625 E. La Madre Way, North Las Vegas Owner: Zam Waterless Car Wash and Detail LLC Zorro Remodelers License type: Maintenance services Address: Did not disclose Owner: Z and O Enterprises 123 Inspections License type: Professional services Address: Did not disclose Owner: 123 Inspections LLC 24-7 Automated Storage License type: Storage/warehouse Address: 1601 Athol Ave., Henderson Owner: 1601 Athol Avenue LLC 24/7 Heating & A/C License type: Contractor Address: 1168 Wigwam Parkway, Henderson Owner: Performance Air Conditioning & Heating LLC 6Gun License type: Dog companion sales
the data Send your business-related information to news@vegasinc.com
19
VEGAS INC Aug. 30 - sept. 5
Records and Transactions Address: 1685 Navarre Lane, Henderson Owner: Gerald Raade
Address: 3725 Calumet Farm Circle, North Las Vegas Owner: Attack Pest Control LLC
Absolute Best Concrete Inc. License type: Contractor Address: 2905 Lake East Drive, Las Vegas Owner: Charles Lapenta
Back 2 Relief License type: Sales Address: 3455 E. Lake Mead Blvd., North Las Vegas Owner: Latino Rehabilitation Center
Advocate Wellness Nevada License types: Home health services and trucking Address: 3355 W. Spring Mountain Road, Suite 236L, Las Vegas Owner: Platinum Care Nevada Inc.
Bandido Lawn Services License type: Residential property maintenance Address: Did not disclose Owner: Victor M. Acevedo
Airbrush Artist International License type: General services counter/office Address: Did not disclose Owner: Sunless Boutique LLC
Barfly Apparel License type: General retail sales Address: 804 Las Vegas Blvd. South, Las Vegas Owner: Inevitable Clothing LLC
Aldridge Pite LLP License type: Professional services Address: 520 S. 4th St., Suite 360, Las Vegas Owner: Steven W. Pite
Be Lo Bail Bonds License type: Bail bond broker Address: 3111 S. Valley View Blvd., Suite J-101, Las Vegas Owner: Be Lo Bail Bonds LLC
Alec LP License type: Adult home care Address: 713 Bright Lights Ave., North Las Vegas Owner: Alec LP
Beyond The Starz Dance & Cheer License type: Sales Address: 5328 Sweet William St., North Las Vegas Owner: Tracy Johnson
All American Cleaning NV LLC License type: Trucking Address: 6068 Orange Poppy Court, Las Vegas Owner: All American Cleaning NV LLC Andrea Caballero License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Andrea Caballero LLC Angel’s Hope Home Health Inc. License type: Home health services Address: 3160 S. Valley View Blvd., Suite 101, Las Vegas Owner: Angel’s Hope Home Health Inc. Anytime Electric License type: Electrical residential and light commercial installation Address: 7946 Blue Brook Drive, Las Vegas Owner: Anytime Electric Inc. Ariel Realty USA LLC License type: Real estate sales Address: 410 S. Rampart Blvd., Suite 390, Las Vegas Owner: Serge Michael Art By Gregory License type: Instruction services Address: 4821 W. Craig Road, Suite E9, Las Vegas Owner: Gregory Colhouer Attack Pest Control License type: Property maintenance
Big Blues Bender License type: Professional promoter Address: 3025 Nordoff Circle, Las Vegas Owner: AJ Presents Inc. Black Box Network Services License type: General retail sales Address: 1010 Haley Road, Las Vegas Owner: Teldata Corporation Boss Plumbing License type: Plumbing service and repair Address: 3589 Edison Ave., Las Vegas Owner: Boss Plumbing Inc. Brianna Michelle Beauty License type: Personal services Address: Did not disclose Owner: Brianna Thompson Brothers Italian Bistro License type: Restaurant Address: 6050 Sky Pointe Drive, Las Vegas Owner: Armco USA Corporation Budget Watchers Academy License type: Instruction services Address: 1201 N. Decatur Blvd., Suite 107, Las Vegas Owner: Budget Watchers Academy LLC Buffet at Asia License type: Beer/wine room Address: 151 N. Nellis Blvd., Las Vegas Owner: Buffet at Asia Nellis LLC
Cali’s Finest License type: General retail sales Address: 1830 N. Martin Luther King Blvd., Suite 115, Las Vegas Owner: Pleasant Affairs LLC Calico Jack’s Saloon License type: Automated teller operator Address: 8200 W. Charleston Blvd., Las Vegas Owner: Ghost Riders Inc. Car’s Concepts License type: Automotive service Address: 4747 Rosalie Circle, North Las Vegas Owner: Jose M. Orellana Archila Carson Transportation & Logistics License type: Freight services Address: 420 N. Racetrack Road, Henderson Owner: Laura Patterson Checkers License type: Restaurant Address: 1900 E. Charleston Blvd., Las Vegas Owner: Food in the Fast Lane LLC Chiam License type: Restaurant Address: 6010 W. Craig Road, Suite 150, Las Vegas Owner: Ca2 Restaurant LLC Clinical Pathology Laboratories License type: Medical office Address: 100 N. Green Valley Parkway, Suite 315, Henderson Owner: Clinical Pathology Laboratories Inc. Corporate License type: Artist Address: 9663 Bandera Creek Ave., Las Vegas Owner: Katherine Ford Nequent Create Develop & Flow Academy License type: Martial arts instruction business Address: 5000 W. Charleston Blvd., Suite 2, Las Vegas Owner: John B. Soderberg CSDI Construction Inc. License type: Contractor Address: 6353 Supply Way, Las Vegas Owner: Van Houten Carrie D’s Tangy Bowls License type: Food services or cafe Address: 6250 McLeod Drive, Suite 100, Las Vegas Owner: Daniel C. Cohen-Vai Debra L. Oddo License type: Real estate sales Address: 10000 W. Charleston Blvd., Suite 130, Las Vegas Owner: Debra L. Oddo Denmark’s Home Services License type: Home inspection services
Address: 5918 Grey Goose St., North Las Vegas Owner: David Cook
9817 Blistering Sun Ave., Las Vegas Richmond American Homes of Nevada
Dependable Appliances License type: Maintenance services Address: 2657 Las Vegas Blvd. North, North Las Vegas Owner: Alfredo Avila
$402,930, wall/fence 10031 Centennial Parkway, Las Vegas Frank Iovino & Sons Masonry Inc.
Destination Paradise License type: Travel and ticket agency Address: Did not disclose Owner: Nancy Garneau Diamond Tees License type: General retail sales Address: Did not disclose Owner: Chester L. Ryner Jr. Discount Yard Signs License type: General retail sales Address: 51 N. Pecos Road, Suite 106, Las Vegas Owner: Joe T. Maines DJ’s Lawn Service LLC License type: Property maintenance Address: 1124 Cummings Drive, Boulder City Owner: DJ’s Lawn Service LLC Earle Chiropractic License type: Professional services - medical Address: 600 S. Rancho Drive, Suite 103, Las Vegas Owner: James M. Earle DC Prof LLC Electronics Stop License type: General retail sales Address: 875 S. Grand Central Parkway, Kiosk 29, Las Vegas Owner: Retail Concepts Corp. Express Check Cashing License type: Wire service Address: 1411 N. Jones Blvd., Suite 101, Las Vegas Owner: Loi Nevada LLC
BUILDING PERMITs
$360,000, tenant improvement 4469 W. Charleston Blvd., Las Vegas CSDI Construction Inc. $300,014, tenant improvement office 1661 W. Horizon Ridge Parkway, Suite 211, Henderson Weiss Family Trust $300,000, tenant improvement - office 1661 W. Horizon Ridge Parkway, Henderson Weiss Family Trust $262,200, plumbing 3330 E. Gowan Road, North Las Vegas Vegas Valley Fire Protection $258,060, wall/fence 9981 Eagle Canyon Ave., Las Vegas Hirschi Masonry LLC $252,840, commercial - remodel 711 Marks St., Suite A, Henderson Sunmark Centers LLC $250,080, commercial - remodel 1001 Olsen St., Henderson Unilever Manufacturing USA Inc. $249,956, commercial - remodel 5 Longevity Drive, Henderson Liquid Holdings LLC $238,997, residential - incident repair 107 Mauve St., Henderson Cory J. Owens $225,958, residential - custom 1010 Crystal Heights Court, Henderson DR Horton Inc.
$795,000, reroofing 1409 E. Lake Mead Blvd., North Las Vegas Centimark Corp.
$213,443, single-family residential - production 2025 Girasole Ave., Las Vegas Toll South LV LLC
$662,399, commercial - alteration 3837 Bay Lake Triangle, North Las Vegas Accelerated Construction Inc.
$200,623, single-family residential - production 9611 Porcupine Hills Court, Las Vegas Toll North LV LLC
$616,215, residential - custom 7 Talus Court, Henderson Michael T. Austin Trust $500,000, commercial 9799 Eagle Canyon Ave., Las Vegas Rafael Construction Inc. $434,902, single-family residential - production
$186,518, single-family residential - production 10741 Beecher Park Ave., Las Vegas Toll North LV LLC $179,693, single-family residential - production 5515 Fowler Plains Court, Las Vegas
20
VEGAS INC
aug. 30 - sept. 5
your Business-to-business news Send your business-related information to news@vegasinc.com
Records and Transactions Richmond American Homes of Nevada
11912 Fisterra Court, Las Vegas Ryland Homes
$179,393, single-family residential - production 8875 Pauley Hills St., Las Vegas Richmond American Homes of Nevada
$140,288, residential - production 246 Harwood Heights Court, Henderson DR Horton Inc.
$169,621, residential - production 722 Sea Coast Drive, Henderson KB Home LV Pearl Creek LLC $168,308, single-family residential - production 9818 Guiding Light Ave., Las Vegas Richmond American Homes of Nevada $163,189, residential - production 188 Bird Cove Ave., Henderson Beazer Homes Holdings Corp. $162,645, fence 5005 Alejandro Way, North Las Vegas Frank Iovino & Sons Masonry Inc. $162,000, commercial - remodel 551 Courier St., Henderson Henderson BTS LLC $159,939, mechanical 221 N. Rampart Blvd., Las Vegas Bombard Electric LLC $156,701, residential - production 2364 Boretto St., Henderson KB Home Inspirada LLC $154,866, single-family residential - production 7312 Durand Park St., Las Vegas Toll North LV LLC $146,554, residential - production 588 Via Baglioni, Henderson Century Communities Nevada LLC $143,061, residential - production 242 Harwood Heights Court, Henderson DR Horton Inc. $142,483, single-family residential - production 10435 Prairie Mountain Ave., Las Vegas Ryland Homes $142,483, single-family residential - production 10447 Prairie Mountain Ave., Las Vegas Ryland Homes $142,050, residential - new 112 Avenue Marina Ave., North Las Vegas William Lyon Homes Inc. $142,050, residential - new 108 Avenue Marina Ave., North Las Vegas William Lyon Homes Inc. $141,017, single-family residential - production
$140,288, residential - production 252 Harwood Heights Court, Henderson DR Horton Inc. $138,550, single-family residential - production 7336 Banneker Park St., Las Vegas Toll North LV LLC $138,306, single-family residential - production 9519 Harlan Hills Court, Las Vegas Richmond American Homes of Nevada
- production 7943 Torreys Peak St., Las Vegas Ryland Homes $117,368, residential - new 5124 Jurupa Court, North Las Vegas William Lyon Homes Inc. $117,368, residential - new 5121 Jurupa Court, North Las Vegas William Lyon Homes Inc. $117,276, residential - production 958 Harbor Ave., Henderson KB Home LV Pearl Creek LLC $116,811, commercial 4505 W. Charleston Blvd., Las Vegas Source Refrigeration & HVAC Inc. $115,336, residential - production 964 Harbor Ave., Henderson KB Home LV Pearl Creek LLC
12263 Valentia Hills Ave., Las Vegas Western States Contracting Inc.
Vegas Sunrun Installation Services I
$65,245, pool and/or spa 4524 Nantucket Clipper Drive, North Las Vegas Adams Pool Solutions
$48,818, roof-mounted photovoltaic system 6336 Peggotty Ave., Las Vegas SolarCity Corp.
$64,204, roof mounted photovoltaic system 4012 Del Monte Ave., Las Vegas SolarCity Corp.
$48,230, solar 3728 Hedge Grove Drive, North Las Vegas Sunrun Installation Services I
$63,100, roof-mounted photovoltaic system 1924 Redbird Drive, Las Vegas Robco Electric Inc.
$48,018, roof-mounted photovoltaic system 1716 Villa de Conde Way, Las Vegas SolarCity Corp.
$60,900, commercial - remodel 11 S. Stephanie St., Suite 140, Henderson Vegas Stephanie LLC
$136,906, residential - production 960 Harbor Ave., Henderson KB Home LV Pearl Creek LLC
$112,064, residential - production 937 Via Gandalfi, Henderson Century Communities Nevada LLC
$57,622, roof-mounted photovoltaic system 9309 Provence Garden Lane, Las Vegas SolarCity Corp.
$134,743, residential - production 250 Harwood Heights Court, Henderson DR Horton Inc.
$111,777, single-family residential production 8256 Southern Cross Ave., Las Vegas Ryland Homes
$56,704, disaster 7075 W. Gowan Road, Las Vegas Belfor USA Group Inc.
$134,434, single-family residential - production 6679 Bristle Falls St., Las Vegas Ryland Homes
$107,731, residential - new 5120 Jurupa Court, North Las Vegas William Lyon Homes Inc.
$134,002, single-family residential - production 452 Astillero St., Las Vegas Ryland Homes
$107,018, residential - production 244 Harwood Heights Court, Henderson DR Horton Inc.
$134,002, single-family residential - production 11916 Fisterra Court, Las Vegas Ryland Homes
$102,527, residential - production 3099 Ripe Peak Lane, Henderson KB Home Inspirada LLC
$130,584, residential - production 3163 Del Dotto Walk, Henderson KB Home Inspirada LLC $129,640, single-family residential - production 8252 Southern Cross Ave., Las Vegas Ryland Homes $126,054, single-family residential - production 10431 Prairie Mountain Ave., Las Vegas Ryland Homes
$99,999, commercial - remodel 10271 S. Eastern Ave., Henderson Siena I Holding LP $92,823, residential - production 2113 Rockburne St., Henderson KB Home Inspirada LLC $92,823, residential - production 3161 Teaderman Walk, Henderson KB Home Inspirada LLC $86,391, residential - production 2114 Via Firenze, Henderson KB Home Inspirada LLC
$125,553, residential - new 5125 Jurupa Court, North Las Vegas William Lyon Homes Inc.
$78,900, single-family residential - addition 3000 Arabian Road, Las Vegas Christopher Homes Renovations
$124,318, residential - production 3098 Apecchio Ave., Henderson KB Home Inspirada LLC
$69,821, electrical 4750 W. Oakey Blvd., Las Vegas Helix Electric
$122,187, single-family residential - production 6651 Bristle Falls St., Las Vegas Ryland Homes
$65,957, roof-mounted photovoltaic system 1620 Belcastro St., Las Vegas SolarCity Corp.
$120,185, single-family residential
$65,552, electrical
$55,510, solar 6215 Darby Creek Court, North Las Vegas Sunrun Installation Services I $54,562, residential - addition 2261 Marlboro Drive, Henderson Marietta Martire $51,940, solar 1242 Borderwood Lane, North Las Vegas Sunrun Installation Services I $51,219, roof-mounted photovoltaic system 2260 Villefort Court, Las Vegas SolarCity Corp. $51,115, sign 4691 W. Ann Road, North Las Vegas Hartlauer Signs $50,786, commercial - alteration 2546 E. Craig Road, North Las Vegas CM Builders $50,000, commercial 9799 Eagle Canyon Ave., Las Vegas Rafael Construction Inc. $50,000, pool and/or spa 6753 Byron Bay Court, Las Vegas Vintage Pools $49,619, roof mounted photovoltaic system 5948 Vizzi Court, Las Vegas SolarCity Corp. $49,140, solar 6541 Bailey Tess Court, North Las
$48,003, electrical 224 Antelope Ridge Drive, Las Vegas Western States Contracting Inc. $47,285, solar 4331 Veranda Hill Court, North Las Vegas Sunrun Installation Services I $46,935, solar 1724 Fall Pointe Court, North Las Vegas Summerlin Energy Las Vegas LLC $45,500, solar 3117 Winter Sunset Ave., North Las Vegas Vision Solar Contractor Inc. $45,000, mechanical 4505 W. Charleston Blvd., Las Vegas Source Refrigeration & HVAC Inc. $45,000, single-family residential - addition 8616 Dollhouse Drive, Las Vegas Tucker Construction $44,942, tenant improvement office 2316 W. Charleston Blvd., Las Vegas Affordable Concepts Inc. $44,017, roof-mounted photovoltaic system 7226 Silver Charm Court, Las Vegas SolarCity Corp. $43,680, solar 1116 Silver Bark Ave., North Las Vegas Sunrun Installation Services $43,344, pool and/or spa 56577 Hickham Ave., Las Vegas Anthony & Sylvan Pools Corp. $43,216, roof-mounted photovoltaic system 7300 Real Quiet Drive, Las Vegas SolarCity Corp. To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/subscribe.
It’s time for the 5th Annual Top Tech Exec Awards 2015! November 19th at The Smith Center for the Performing Arts.
Nominate today at vegasinc.com Vegas INC’s Top Tech Exec Awards recognizes the most outstanding Information Technology executives who work in Southern Nevada, as nominated by their peers. Nominees who meet the criteria decided by an independent panel of judges, will be recognized at the Fifth Annual Top Tech Exec Awards on November 19th at the Smith Center for the Performing Arts.
©2015 Cox Communications, Inc. All rights reserved.
22
VEGAS INC
your Business-to-business news
aug. 30 - sept. 5
Send your business-related information to news@vegasinc.com
The List
Category: casino operators (Ranked by 2014 casino square footage
Casino sq. ft.
Sportsbook sq. ft.
Slots
Tables
Poker tables
Southern Nevada casino properties
MGM Resorts International 3799 Las Vegas Blvd. South Las Vegas, NV 89109 702-693-7120 • mgmresorts.com
1.2 million
69,884
15,747
989
160
10
Jim Murren, CEO
2
Station Casinos 1505 S. Pavilion Center Drive Las Vegas, NV 89135 702-495-3000 • sclv.com
1 million
74,608
19,664
360
69
16
Frank Fertitta III, CEO
3
Caesars Entertainment Corp. One Caesars Palace Drive Las Vegas, NV 89109 702-407-6000 • caesars.com
761,980
42,565
10,364
897
137
10
Mark Frissora, CEO
4
Boyd Gaming Corp. 3883 Howard Hughes Parkway, Ninth Floor Las Vegas, NV 89169 702-792-7200 • boydgaming.com
635,702
28,578
10,996
275
44
9
Keith Smith, president, CEO
5
American Casino & Entertainment Properties 2000 Las Vegas Blvd. South Las Vegas, NV 89104 702-380-7777 • acepllc.com
239,838
17,955
4,077
108
22
4
Frank Riolo, CEO
6
Wynn Resorts Ltd. 3131 Las Vegas Blvd. South Las Vegas, NV 89109 702-770-7000 • wynnresorts.com
186,187
5,600
2,000
252
27
2
Steve Wynn, CEO
7
Affinity Gaming 3755 Breakthrough Way, Suite 300 Las Vegas, NV 89135 702-341-2400 • affinitygamingllc.com
157,926
2,000
3,190
49
2
4
Michael Silberling, CEO
8
Cannery Casino Resorts 2121 E. Craig Road Las Vegas, NV 89030 702-507-5700 • cannerycasinos.com
141,965
11,710
3,216
45
6
2
Tom Lettero, president
9
Penn National Gaming 825 Berkshire Blvd. Wyomissing, PA 19610 610-373-2400 • pngaming.com
137,631
13,500
2,226
42
0
2
Timothy Wilmott, president, CEO
Gaughan South 9777 Las Vegas Blvd. South Las Vegas, NV 89183 702-796-7111 • southpointcasino.com
137,232
21,411
2,488
61
22
1
Michael Gaughan, CEO
11
Las Vegas Sands Corp. 3355 Las Vegas Blvd. South Las Vegas, NV 89109 702-414-1000 • lasvegassands.com
132,254
10,100
2,301
301
59
2
Sheldon Adelson, CEO
12
Aliante Gaming 7300 N. Aliante Parkway North Las Vegas, NV 89084 702-692-7777 • aliantegaming.com
125,000
14,200
1,840
36
0
1
Terry Downey, general manager
13
TLC Casino Enterprises 202 Fremont St. Las Vegas, NV 89101 702-385-4011 • fourqueens.com
105,069
0
1,810
57
20
2
Terry Caudill, president
14
The Blackstone Group 3708 Las Vegas Blvd. South Las Vegas, NV 89109 702-698-7000 • cosmopolitanlasvegas.com
65,596
3,888
1,400
141
0
1
Stephen Schwarzman, CEO
15
Treasure Island 3300 Las Vegas Blvd. South Las Vegas, NV 89109 702-894-7111 • treasureisland.com
47,927
2,865
1,290
70
8
1
Phil Ruffin, owner
Company
1
10
Top executive
Source: Nevada Gaming Control Board nonrestricted count report and nonrestricted square footage report and VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.
©2015 MCW
McDONALD CARANO WELCOMES
CURT R. LEDFORD PARTNER
Mr. Ledford joins the firm’s Energy, Environment and National Resources group, where he will focus on utility, regulatory, administrative, cooperative, and corporate law, as well as real estate and business transactions. Mr. Ledford brings nearly a decade of energy-related experience to the firm, and will continue his service as a founding member and vice chair of the Energy, Utilities and Communication Law Section of the State Bar of Nevada, and as the Nevada representative for the Electric Cooperative Bar Association.
LAS VEGAS 702.873.4100
| RENO 775.788.2000 | mcdonaldcarano.com
GATED RESORT-STYLE LIVING MINUTES FROM IT ALL
Las Vegas' Most In-Demand Condos One to Three Bedroom Condominium Residences featuring Private Attached Garages, a Community Park and Spacious Floor Plans
Sales Center Open Daily
702.719.6100
SpanishPalmsLV.com
Don’t miss your chance to own. Priced from the $120,000s.
No Federal agency has judged the merits or value, if any, of this property. No statement should be relied upon except as expressly set forth in the Nevada Public Offering Statement. This is neither an offer to sell, nor a solicitation of offers to buy, any condominium units in those states where such offers or solicitations cannot be made. WARNING: THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING. Pricing and locations of units are subject to change without notice. Views and locations of units within the project are not guaranteed and the buyer is responsible for inspecting the unit and its location before signing any agreement with respect thereto. Any square footage numbers are approximate. ©DK Spanish Palms LLC Unauthorized use of the images, artist renderings, plans or other depictions of the project or units is strictly prohibited.
Don’t let your wireless carrier stop your business at the border. Get unlimited calls and texts to and from the U.S., Canada, and Mexico at no extra charge.
T-Mobile is extending coverage across the U.S., Canada, and Mexico at no extra charge. Use your 4G LTE data, and call & text just like in the U.S. without fear of overages. Your plan works the same, no matter what side of the border you’re on. It’s just one of the reasons T-Mobile was named “Best Wireless Provider for Frequent Travelers” by Business Traveler Magazine.
Get up to $350/line when you switch.
T-Mobile.com/AtWork
Globe does not depict coverage. Up to $350/line in credits: Participating locations only. Service port-in from eligible carrier (incl. AT&T, Verizon, and Sprint), financed device purchase or lease, qualifying service and data plan required for each line. Initial bill credit of $100 processed within 90 days of activation. Additional bill credits applied monthly ($5/mo. for 3GB data plans and $10/mo. for data plans over 5GB) for up to 25 mos. Must be active and in good standing with T-Mobile when credit is processed. One offer per corporate account. Offer cannot be combined with ETF or device payoff offers. Device, network & coverage impact experience and speeds, which vary. Limited time offers; subject to change. Unlimited talk and text features for direct communications between 2 people. Charges apply for calls and texts to other countries. Qualifying plan and capable device required. Not for extended international use; you must reside in the U.S. and primary usage must occur on our U.S. network. Service may be terminated or restricted for excessive roaming. Communications with premium-rate numbers not included. Coverage not available in some areas; we are not responsible for our partners’ networks. See brochures and Terms and Conditions (including arbitration provision) at www.T-mobile.com for additional information. T-Mobile and the magenta color are registered trademarks of Deutsche Telekom AG. © 2015 T-Mobile USA, Inc.