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Caesars Sold, MGM Stayed Put
The Network.Vegas Newsletter


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Featured Events
![]() | Yotta 2026 at CAESARS FORUM September 28 - 30, 2026 | View |
![]() | G2E: Global Gaming Expo 2026 at The Venetian Resort Las Vegas September 28 - October 1, 2026 | View |
![]() | Successes & Insights: The State of Medicine in Southern Nevada at City of Las Vegas City Hall September 29, 2026 @ 4:00 pm to 6:00 pm | View |
![]() | Ready, Set, Expo! September 30, 2026 @ 2:00 pm to 6:00 pm | View |
![]() | SAP Connect Las Vegas 2026 October 5 - 7, 2026 | View |
![]() | Cocktails & Conversations with Clark County Commissioners Gibson, Kirkpatrick, & Naft at Vegas Chamber October 5, 2026 @ 5:30 pm to 7:30 pm | View |
![]() | HCC Networking Breakfast: The Business Behind the Las Vegas Grand Prix at Wildhorse Golf Club October 6, 2026 @ 7:00 am to 9:00 am | View |
![]() | ConveneNV 2026 “Nevada’s Next Chapter” at Horseshoe Las Vegas October 8, 2026 @ 2:30 pm to 6:30 pm | View |
![]() | Intentional Life Retreat at The Monarch Club October 11, 2026 @ 9:00 am to 4:00 pm | View |
![]() | IMEX America 2026 at Mandalay Bay Convention Center, Resort and Casino October 13 - 15, 2026 | View |
![]() | Energy and Technology Development in Southern Nevada: Part 1 at The Economic Club of Las Vegas October 13, 2026 @ 11:30 am to 1:30 pm | View |
| Henderson State of the City 2026 at City of Henderson October 14, 2026 | View |
![]() | 2026 Business of the Year Awards at Vegas Chamber October 15, 2026 @ 11:30 am to 1:30 pm | View |
![]() | 2026 PERSPECTIVE Awards at Orleans Arena October 15, 2026 @ 5:00 pm to 9:00 pm | View |
![]() | 2026 Southern Nevada Nonprofit Summit at Wynn Las Vegas October 22, 2026 @ 8:00 am to 5:00 pm | View |
This Week's Business News
Vegas Business Roundup
Top Stories
Caesars Entertainment shareholders approved Tilman Fertitta’s $17.6 billion take-private deal at $31 a share in cash — a figure that includes about $11.9 billion of Caesars debt — though the merger still has to clear regulators. — Review-Journal, Sep 23
Barry Diller’s People Inc. walked away from its $48.30-a-share offer for the MGM Resorts stock it did not already own, withdrawing after months of talks with a special committee of MGM’s board. — Review-Journal, Sep 23
Switch wants to build new data centers on part of its North Las Vegas land holdings, putting the valley’s largest home-grown operator back into the expansion fight. — Review-Journal, Sep 23
Henderson Hospital’s neonatal intensive care unit stops taking new patients on Sept. 30, after which women arriving in labor after 7 p.m. will be handled by the emergency room. — 8 News Now, Sep 26
Nevada’s only oil refinery, north of Las Vegas, is restarting after winning a state air permit, adding in-state supply as California refinery closures push pump prices up. — 8 News Now, Sep 25
Jobs & Workforce
Nevada’s jobless rate fell to 4.8 percent in August, its first reading below 5 percent since 2020, and economists say the state stays near the top of the national table because people move here and look for work before they find it. — Nevada Independent, Sep 21
Nevada construction payrolls added 500 seasonally adjusted jobs in August to reach 116,800, up 3,600 or 3.2 percent from a year earlier. — NVBEX, Sep 22
Gov. Joe Lombardo endorsed an emergency regulation meant to stop midyear cuts at the Clark County School District, protecting teaching jobs as districts absorb an enrollment-driven shortfall. — Review-Journal, Sep 25
The U.S. Equal Employment Opportunity Commission sued a Las Vegas call center, alleging it discriminated against workers with disabilities and retaliated against them for requesting accommodations. — Review-Journal, Sep 25
In a second federal employment case the same week, the EEOC alleges downtown’s Circa sent a cashier home without pay and later fired her after she declined to remove a headscarf worn for religious reasons. — Review-Journal, Sep 25
A Las Vegas fast-fashion chain that opened in the valley in 2009 is closing its last two stores. — Review-Journal, Sep 24
Policy & Government
The Bureau of Land Management asked a judge to set aside its own approval of the Boulder City data center so it can run more analysis, weeks after the same judge halted construction. — Review-Journal, Sep 21
The developer of a hyperscale data center and natural gas plant proposed on BLM land near the southeastern edge of Henderson pulled out of the project. — Review-Journal, Sep 24
A developer behind a proposed Pahrump data center asked a judge to throw out Nye County’s ban, arguing it tramples property rights as the county fights over water supply. — Review-Journal, Sep 25
Real Estate & Development
A developer broke ground on a $143 million apartment project in Chinatown, about a mile west of the Strip near Spring Mountain Road. — Review-Journal, Sep 23
A Las Vegas senior housing complex sold for more than $80 million to a New York investment firm that was part of the group that bought The Cosmopolitan’s real estate. — Review-Journal, Sep 24
The race to site an NBA arena has split the Strip, with T-Mobile Arena the current front-runner against a proposed 21,200-seat Diamond Arena across from Mandalay Bay, a 50-acre VICI and Caesars parcel, and north-Strip land at Resorts World and across from Wynn. — Nevada Independent, Sep 24
Southern Nevada homebuilders are selling far fewer houses this year as affordability keeps buyers out of new construction. — Review-Journal, Sep 25
Gaming & Tourism
Station Casinos hoisted the main steel truss into place at Durango, marking the halfway point of the resort’s $385 million expansion. — Review-Journal, Sep 21
Wynn Resorts subsidiaries issued $900 million of 6.875 percent senior notes due 2035 on Sept. 22, using the proceeds and cash on hand to redeem Wynn Las Vegas’s 5.250 percent notes due 2027 in full. — SEC Form 8-K, Sep 22
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