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Richard N. Velotta Gaming Guru - Page 7Vegas' first taste of Uber 'surge pricing' doesn't go down easy21 September 2015
LAS VEGAS -- Southern Nevada Uber customers got their first taste of "surge" pricing over the weekend. And for most, it left a bitter aftertaste. The license the company received from the Nevada Transportation Authority doesn't prohibit the company's dynamic pricing model that is designed to incentivize more drivers to be available during times of heavy demand. ... (read more)
Las Vegas seeks to host presidential debates in 201621 September 2015
Las Vegas is bidding to be a site for presidential and vice presidential debates in fall 2016, and the Las Vegas Convention and Visitors Authority will conduct a special meeting Wednesday to consider a $4 million expenditure to host them. Board members were notified Friday of the special meeting at which ... (read more)
Uber, Lyft up and running, defy Clark County16 September 2015
Ride-hailing companies Uber and Lyft began operating in Southern Nevada Tuesday, defying Clark County officials who say they can't conduct business until they have county business licenses. Uber launched its Southern Nevada operation shortly after 2 p.m. and Lyft started up at around 3. Uber officials said ... (read more)
Nevada approves licenses for Uber, Lyft15 September 2015
It took nearly a year to do it, but Nevada has entered the ride-hailing era. In separate actions Monday, the Nevada Transportation Authority unanimously approved licenses for Lyft and Uber as transportation network companies. It's unclear when the two companies would begin operations but both were ... (read more)
'Tidal wave' of cabs, cars for hire expected in Vegas14 September 2015
In a matter of weeks, a tidal wave of cars for hire will be moving people from place to place on the city's streets. There will be taxicabs, 3,000 strong, hovering around the resorts, the airport and the convention centers. Ride-hailing companies Uber and Lyft are expected to join the party by early November. ... (read more)
Uber, Lyft officially file applications for Nevada17 August 2015
Ride-hailing companies Uber and Lyft have applied to be licensed as transportation network companies in the state. The two San Francisco-based companies each submitted applications that arrived at Nevada Transportation Authority offices on Friday. Lyft submitted its paperwork by mail to the Las Vegas office and Uber delivered it by courier to the agency's Reno office. ... (read more)
Owners of The D Las Vegas buy Las Vegas Club15 August 2015
The Las Vegas Club Hotel and Casino, one of the city's oldest casino properties, has changed hands between downtown owners. The 86-year-old sports-themed casino which also has more than 400 shuttered hotel rooms, was sold by the Tamares Group, owners of the Plaza Hotel and Casino, to Derek and Greg Stevens, ... (read more)
Taxi executive calls proposed Uber, Lyft rules a 'public safety disaster'12 August 2015
An executive with one of Southern Nevada's dominant taxicab companies says the Nevada Transportation Authority's proposed regulations for transportation network companies "is going to represent a public safety disaster for Las Vegas." Jonathan Schwartz, a director for Yellow Checker Star, said Nevada's draft regulations are among the weakest for ride-hailing companies anywhere in the country. ... (read more)
Station Casinos reports rise in net revenue, cash flow growth12 August 2015
Las Vegas' robust economy has treated Station Casinos well. The locals casino company reported a 4 percent increase in net revenue over last year and its 17th straight quarter for growth in earnings before interest, income tax, depreciation, amortization and management fees for the second quarter that ended June 30. ... (read more)
LVCVA board approves plan to demolish Riviera12 August 2015
The shuttered Riviera Hotel and Casino property will be demolished as planned as the Las Vegas Convention and Visitors Authority's board of directors on Tuesday affirmed a recommendation of its Convention Center District committee. Board members voted unanimously to demolish the property, which likely would ... (read more)
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