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ASD LV Coming Next Week, Expected to be a Strong Show

Another large trade show will be taking over the Las Vegas Convention Center. This show features thousands of consumer items from jewelry to toys.

The Las Vegas Convention Center will be transformed into a merchandise marketplace Sunday. Picture it filled with rows and rows of candy, sunglasses and light-up T-shirts, grouped together with costume jewelry, martial arts supplies and Halloween decorations.

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Las Vegas Sands Posts Underwhelming Profit for 2Q

Las Vegas Sands Posts Underwhelming Profit for 2Q

LAS VEGAS (AP) -- Las Vegas Sands Corp.'s success continued in Macau, helping net income more than double in the second quarter. But growth was tepid in Las Vegas, and Wall Street expected stronger results.

Revenue more than doubled at some of Las Vegas Sands' five Macau properties. Macau is the only place in China where gambling is legal.

But sales rose less than 6 percent at its two Las Vegas casinos, the Venetian and Palazzo.

The company run by billionaire CEO Sheldon Adelson said Wednesday that it earned $529.8 million, or 64 cents per share, up from $ $240.6 million, or 29 cents per share. Revenue grew 26 percent to $3.24 billion.

Analysts polled by FactSet predicted 67 cents per share on $3.3 billion.

The stock is down 1.2 percent in aftermarket trading.

 

Sin City Cupcakes Partners Hope Alcohol-Infused Confections Catch on Locally

They don't sell cheap, but these cupcakes certainly have an interesting angle to them.

With cupcake names like the Russian Climax, Sexed in the City and Choco-mallow Intercourse, there could only be one proper name for the business itself: Sin City Cupcakes.

Read more at the Las Vegas Review-Journal... Read More

Las Vegas Restaurants Offer Special Mother's Day Menus

Las Vegas Restaurants Offer Special Mother's Day Menus

Great options abound throughout the city, including many brunch choices.

Want to take Mom out for Mother’s Day? You’ll be in good company; it’s the busiest day of the year for restaurants.

Read more at the Las Vegas Review-Journal... Read More

Your Chance to Run the Tour Operation at Lake Mead

Your Chance to Run the Tour Operation at Lake Mead

 

Anyone interested in becoming a tour operator at Lake Mead can apply for the 10-year contract that begins in October.

The National Park Service is soliciting for proposals to operate sightseeing boat tours and other related services at Lake Mead National Recreation Area.

The current Lake Mead Cruises concession contract, which expires Sept. 30, includes operation of the Desert Princess paddlewheel tour boat and the Lake Mead Cruises landing at Hemenway Harbor. The new concessioner will provide sightseeing tours and related services in the Boulder Basin/Hoover Dam area of Lake Mead.

Former Sands Exec Turns on Adelson in Testimony

Former Sands Exec Turns on Adelson in Testimony

 

LAS VEGAS (AP) -- The former No. 2 at Las Vegas Sands Corp. is scheduled to be back on the stand Thursday to continue testifying about his former boss, Sheldon Adelson.

William Weidner testified Wednesday that the 79-year-old Sands CEO treated him poorly, sought to silence him, and nearly drove his own company to bankruptcy.

Weidner was president and chief operating officer at Sands in the early 2000s when Richard Suen claims he helped the company enter the Chinese gambling enclave of Macau.

Suen is seeking $328 million in a breach of contract suit.

In one of several direct contradictions of Adelson's earlier testimony, Weidner said Suen had in fact provided valuable help and deserved compensation for his work.

Weidner testified in an earlier trial in 2008, but was still employed by Sands at the time.