2015-04-05 - VEGAS INC - Las Vegas

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VEGASINC.COM | APRIL 5-11, 2015 BY J.D. MORRIS | STAFF WRITER When former Las Vegas mayor Jan Jones Blackhurst began working at Caesars Entertainment about 15 years ago, it was a very different company. Then known as Harrah’s Entertainment, the company had just moved its headquarters from Tennessee to Las Vegas, so it was, in many ways, the new kid on the block. Since then, Jones JAN JONES BLACKHURST, CONTINUED ON PAGE 15 5.2M Estimated number of renters na- tionwide who said they planned to buy houses this year, up 25 percent from last year, according to the Zil- low Housing Confi dence Index. 13,000 Jobs added statewide in February in the leisure and hospitality industries, a 4.1 percent increase over February 2014, ac- cording to the state Department of Em- ployment, Training and Rehabilitation. Former mayor on the future of gaming Jan Jones Blackhurst, former mayor of Las Vegas, discusses the Internet, Caesars Enter- tainment’s bankruptcy and the importance of corporate giving. (STEVE MARCUS/STAFF FILE)

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Transcript of 2015-04-05 - VEGAS INC - Las Vegas

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V E G A S I N C . C O M | A P R I L 5 - 1 1 , 2 0 1 5

BY J.D. MORRIS | STAFF WRITER

When former Las Vegas mayor Jan Jones Blackhurst began working at Caesars Entertainment about 15 years ago, it was a very different company. ¶ Then known as Harrah’s Entertainment, the company had just moved its

headquarters from Tennessee to Las Vegas, so it was, in many ways , the new kid on the block. Since then, Jones JAN JONES BLACKHURST, CONTINUED ON PAGE 15

5.2MEstimated number of renters na-

tionwide who said they planned to

buy houses this year, up 25 percent

from last year, according to the Zil-

low Housing Confi dence Index.

13,000Jobs added statewide in February in the

leisure and hospitality industries , a 4.1

percent increase over February 2014, ac-

cording to the state Department of Em-

ployment, Training and Rehabilitation.

Former mayor on the future of gaming

Jan Jones Blackhurst, former mayor of Las Vegas, discusses the Internet, Caesars Enter-tainment’s bankruptcy and the importance of corporate giving. (STEVE MARCUS/STAFF FILE)

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05 06 18Q+A WITH DANIEL MATHISThe president and CEO of the Nevada Health Care As-sociation talks about what people can do to ensure quality nursing home care, what would improve health care in Nevada and why it’s important to treat people in the service industry and armed forces with respect.

THE NOTESPeople on the move, P4

MEET: BARRE3Offering a warm and welcom-ing atmosphere for people try-ing to get in or stay in shape is as important as the results of this gym’s fi tness routines, which use elements of Pilates, yoga and ballet barre work. Taking the time to get to know customers has paid dividends for this business.

TALKING POINTSNevada’s tax system is failing. Here’s why, P7

DATA AND PUBLIC INFORMATIONA listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.

MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17

The List: Homebuilders, P22

NOTEWORTHY STORIES

VOLUME 2, ISSUE 13VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published each Sunday except the last Sunday of the year by Greenspun Media Group.Application to Mail at Periodicals Postage Prices is Pending at Henderson, NV and at additional mailing offices.

POSTMASTER: SEND ADDRESS CHANGES TO:VEGAS INCGreenspun Media Group2360 Corporate Circle, Third Floor Henderson, NV 89074 702.990.2545

For inquiries, write to: VEGAS INC2360 Corporate Circle, Third FloorHenderson, NV 89074For back copies: Doris Hollifield at 702.990.8993 or e-mail at [email protected] subscriptions: Call 800.254.2610, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.

PUBLISHER Donn Jersey ([email protected])

EDITORIALEDITOR Delen Goldberg ([email protected]) MANAGING EDITOR Dave Mondt ([email protected])DIGITAL EDITOR Sarah Burns ([email protected])DEPUTY MANAGING EDITOR, NEWS Ellen Fiore ([email protected])STAFF WRITERS Andrea Domanick, Adwoa Fosu, Ana Ley, J.D. Morris, Amber Phillips, Kyle Roerink, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Katie Visconti, Ian Whitaker COPY DESK CHIEF John TaylorCOPY EDITORS Brian Deka, Jamie Gentner SPECIAL PUBLICATIONS EDITOR Craig Peterson DIGITAL COORDINATOR Adelaide Chen EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Pashtana UsufzyOFFICE COORDINATOR Nadine Guy

ARTASSOCIATE CREATIVE DIRECTOR Liz Brown ([email protected])ART DIRECTOR Scott Lien DESIGNER LeeAnn EliasPHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus

ADVERTISINGASSOCIATE PUBLISHER OF ONLINE MEDIA Katie HortonGROUP DIRECTOR OF SALES OPERATIONS Stephanie RevieaPUBLICATION COORDINATORS Kashmir Owens, Karen Parisi ADVERTISING DIRECTOR Jeff JacobsEXTERNAL CONTENT MANAGER Emma CauthornACCOUNT MANAGERS Katie Harrison, Breen Nolan, Sue SranADVERTISING MANAGERS Jim Braun, Brianna Eck, Danielle El Kadi, Frank Feder, Kelly Gajewski, Justin Gannon, Kenneth Harmon, Trasie Mason, Donna Roberts, Michelle Walden

MARKETING & EVENTSEVENT MANAGER Kristin WilsonEVENTS COORDINATOR Jordan NewsomDIGITAL MARKETING ASSOCIATE Jackie Apoyan

PRODUCTIONVICE 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, Carlos Herrera TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson

CIRCULATIONDIRECTOR OF CIRCULATION Ron GannonROUTE MANAGER Joel Segler

GREENSPUN MEDIA GROUPCEO, PUBLISHER & EDITOR Brian GreenspunCHIEF OPERATING OFFICER Robert CauthornGROUP PUBLISHER Travis KeysEXECUTIVE EDITOR Tom GormanMANAGING EDITOR Ric AndersonCREATIVE DIRECTOR Erik Stein

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THE NOTESSend your business-related information to [email protected]

VEGAS INC

4APRIL 5 - APRIL 11

Lori Egan, Sherie Rodriguez and Jessi-ca Spurlin are Clark County Credit Union member services representatives.

The Japan America Society of Nevada’s 2015 board of directors are chairwoman Kathleen Blakely of Clark County Parks & Recreation; president Sherry Hashimoto of Yesco; vice president Betty Atkins; treasurer Hiroko God-frey of Kumon Las Vegas-Peccole Ranch; and secretary Eric Guideng of House Guideng. Direc-tors include Mayumi Coffman, Lockheed Martin; Jodie Cohen, Chado Urasenke Las Vegas School; Richard Galin, Gordon Silver; Shizue Hill, Rape Crisis Center; Toko Lee, Nu-Skin Enterprises; and Gary Mamiya, Findlay Honda. Honorary directors include Gayle Anderson, Las Vegas Global Economic Alliance; immediate past presi-dent Gerri Schroder, Henderson councilwoman; and Yoshi Nakagawa, Watanabe and Nakagawa Tax Service.

Ron Batula is director of hu-man resources at Las Vegas Ski & Snowboard Resort. He previously worked in human resources at Maverick Avia-tion.

Fafie Moore, president and broker/owner of Realty Ex-ecutives of Nevada, joined City National Bank’s Southern Nevada advisory board.

Barbara Smith Campbell’s Consensus LLC merged with the Ferraro Group, a public rela-tions firm. Campbell, a tax policy expert, will represent the firm’s clients before regulatory agencies.

Don Hamrick, general man-ager of Chapman Dodge Chrysler Jeep Ram, is on the board of directors at Nevada Public Radio.

Christopher Burns is an as-sociate professor of bio-medical sciences and A. Peter Eveland is associate dean of student affairs and admissions, and a professor of family medicine at the College of Medicine at Roseman University of Health Sciences. Burns helped develop medical and graduate education programs at Central Michigan University, Univer-sity of Illinois, University of Virginia, Florida At-lantic University and Georgia School of Medicine. Eveland served as associate dean for student affairs, admissions and outreach, and professor of medical education, at California Northstate University.

Patty Duffey is chief operating officer, Kesha Dirkson is chief fund development and marketing officer, and Melody Sherrill is chief financial of-ficer of Girl Scouts of Southern Nevada.

The Gaming Standards Association 2015 board of directors are returning chairman Adrian

Marcu, vice president of global architecture and interactive research and development, Interna-tional Game Technology; vice chairman Mark Pace, vice president of global technical opera-tions, Scientific Games; secretary Klaus Peltsch, director of architecture and emerging tech-nologies, Ontario Lottery Gaming Corp.; and treasurer Keith Wood, vice president of systems design and development, Aristocrat Technolo-gies. Board members are Roman Czubak, Rachel Barber, Byron Bridger, Syed Hussain, David Oh, Shay Segev, Kevin Trombo and Jeanne-Marie Wilkins.

Francis Carneiro and David Craig are general manager and assistant general manager, respec-tively, of Pot Liquor Contemporary American Smokehouse. Ricky White is director of market-ing and catering events.

The Women’s Council of Realtors Las Vegas honored its Top 25 Women in Real Estate. Honor-ees were Mary Baca, Dani Bald, Jillian Batchelor, Teri Brenkus, Julie Brown, Leslie Carver, Delinda Crampton, Ellen Fahr, Paige Gross, Laura Har-bison, Valentina Herzog, Heidi Kasama, Olga McDowell, Fafie Moore, Linda Naw, Trish Nash, Ashley Oakes-Lazosky, Merri Perry, Joanna Piette, Mary Preheim, Joyce Reed, Iryna Sys-enko, Diann Tonnesen, Diane Varney and Brandy White Elk.

Loni Gray, national account manager of casinos at Brown-Forman; Heidi Hinkle, director of na-tional accounts for hotels and casinos at Bacardi USA; and Chris Fava, CEO of the Culinary Acad-emy of Las Vegas, joined the Las Vegas Business Academy board of directors.

MRG Marketing & Management Inc., a franchise partner of Raising Cane’s Chicken Fingers, hired Dean Bennett as general counsel. Bennett previ-ously served as an outside attorney for MRG.

Nik Rytterstrom is general manager of the Luxor. Rytterstrom most recently worked as general manager of the Goldstrike in Tunica, Miss. He replaces Renee West, who will retire April 24.

Las Vegas Black Image Magazine honored several people and businesses in the com-munity. Recognized were: Ernest Fountain of New Ventures, Tony Gladney of MGM Resorts International, Fred Keeton of Caesars Entertain-ment, Larry Ruvo of the Cleveland Clinic Lou Ruvo Center for Brain Health, Yvette Williams of the Black Caucus, author Sonya Horsford, Tiffany Tyler of Nevada Partners Operations, Dr. Mulugeta Kassahun of Urology Specialists, Broadway in the Hood founder Torrey Russell, the Rev. Robert Fowler, Edmond Town Center owner John Edmonds, educator Patti Hester, filmmaker Stan Armstrong, Rainbow Dreams Academy owner Diane Pollard, philanthropists Bubba and Kathleen Turner Knight, Jim Koonce and Channel 13, author Brenda Williams, Mark Ficarra and the Las Vegas Review-Journal, UNLV archivist Claytee White, gaming and labor expert Terry Johnson, supporters of historically black colleges and universities Paul and Sue Lowden, activist Sheila Collins, McDonald’s owners and operators, Community Garden of Las Vegas founder Rosalind Brooks, Nicole Lise and Cory Enus of the Southern Nevada Water Authority, Jamaal McCoy of Findlay Chevrolet and commu-nity advocate Trisha Geran. Special entertainer honors went to Larry Blackmon of Cameo and original Temptations member Otis Williams.

MGM Resorts International, the Cosmopoli-

tan and Zappos.com were included on the list

of Achievers’ 50 Most Engaged Workplaces in

North America. Companies were recognized for

displaying leadership and innovation in engaging

their workplaces in such areas as communication,

culture, rewards and recognition, professional

and personal growth, accountability and corpo-

rate social responsibility.

A Mayo Clinic “telestroke” program is available

at all three campuses of Dignity Health-St. Rose Dominican Hospitals. Telestroke robots enable

stroke patients to be seen in real time by neurol-

ogy specialists at the Mayo Clinic in Phoenix.

The CareMeridian 4kids Inpatient Post Acute Nursing and Rehab Facility for Children opened

at 7690 Carmen Blvd., Las Vegas. The facility in-

cludes a rehab gym, two hydrotubs, outside play

areas and more. The 21,000 square-foot facility

has 35 beds.

Cream, a gourmet ice cream shop, opened its

first outlet outside of California at Downtown

Summerlin.

The Las Vegas Global Economic Alliance formed

the LVGEA Community and Economic Research Council to sponsor and expand community re-

search. The council includes Applied Analysis, 8 News NOW, Wells Fargo, Nevada State Bank and

Cox Communications.

Phase 1 at Canyon View, a $7.8 million, 5-acre

community with 36 single-family homes on Jones

Boulevard just north of Windmill Road, is open.

Maverick Helicopters re-signed a multiyear

contract with Las Vegas Motor Speedway to

continue to be the exclusive helicopter operator

for events at the complex.

Desert Radiologists earned a 2015 Employee

Voice Award from Quantum Workplace. The firm

was selected in the Raising Engagement cat-

egory. Desert Radiologists was the only Nevada

recipient of the national accolade this year.

Southwest Medical Associates opened a health

center at 10105 Banburry Cross Drive, Suite 150,

Las Vegas. The center offers senior wellness ex-

ams, primary and preventive care, blood glucose

tests, bone mineral-density tests, flu/pneumonia

vaccines, urinalysis testing and radiology.

MGM Resorts International was recognized by

the U.S. Environmental Protection Agency for

food recovery efforts. The company received two

national Food Recovery Challenge awards for re-

ducing food waste and was named a Top Corpo-

ration for Women’s Business Enterprises by the

Women’s Business Enterprise National Council.

Hospital Corporation of America, a health care

provider with 166 hospitals and 113 surgery cen-

ters in 20 states and the United Kingdom, for the

sixth consecutive year was named a World’s Most

Ethical Company by the Ethisphere Institute. HCA

has eight facilities in Nevada.

FirstService Residential is providing HOA

management services for Traverse Point Con-

dominiums off of Stephanie Street and Wigwam

Parkway in Henderson.

Allegiant Air is offering discounts and incentives

through PlayStudios’ MyVegas games, available

for mobile devices and on Facebook.

Batteries Plus Bulbs opened at 2546 E. Craig

Road, North Las Vegas.

EGAN

SPURLIN

RODRIGUEZ

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THE INTERVIEWSend your business-related information to [email protected]

VEGAS INC

5

The Nevada Health Care Asso-ciation has grown significantly over the past year. What is the expected growth over the next few years?

We expect to represent post-acute care providers in Nevada to help improve care in the state. With the passing of the IMPACT 14 legislation in Congress last fall, we are drawn together more than ever and will be measured by the quality of care we deliver.

How has care in nursing facilities changed over the past year?

Our quality measures have im-proved across the state. One reason has been the evidence-based edu-cation we’ve been able to provide, specifically targeting facilities that weren’t performing as well as others. One example is the improvement of the Minimum Data Set (MDS) accu-racy rate for such facilities in Nevada from 74 percent to 82 percent. The MDS is part of the federally mandated process for clinical assessment of all residents in Medicare or Medicaid-certified nursing homes. This process provides a comprehensive assess-ment of each resident’s functional capabilities and helps nursing home staff identify health problems. We still have much work to do, but we’ve been making solid progress recently.

What does the NVHCA Perry Foundation do?

The Perry Foundation analyzes com-pliance and “Online Survey, Certifica-tion and Reporting” (OSCAR) data and then formulates specific education for providers. Sometimes education is en-gineered specifically for a single pro-vider when asked.

How can people advocate for better nursing home care?

Consumers can affect care in a post-acute setting by participating in the provider’s care plan programming and having open communication with the caregivers. People who want to advo-

cate for residents or patients in a post-acute care setting such as local nursing homes should focus on outcomes or quality measures. In looking at the data and knowing the reimbursement his-tory for Medicare and Medicaid, what needs to happen is obvious. We need to increase the reimbursement rate the state provides to such facilities, which is something we are encouraging state leaders to do during the legislative ses-

sion this year.

What would improve health care in Nevada?

Medicaid and Medicare rate in-crease for providers would be the biggest thing, as well as training and education for providers on how to im-prove the quality measures already in place. We need more clinicians, in-cluding nurses and therapists.

What is the most challenging part of your job?

Getting consensus with providers. Now that we represent more than just Nevada’s skilled nursing and assisted-living providers, getting folks to agree on how to implement the changes com-pelled by the Affordable Care Act is troubling to all providers in different ways.

What has been the most reward-ing part of your job?

Success in improving how Nevada is ranked nationally in health care. I also enjoy meeting the providers and consumers, especially in educational forums, and seeing the “light” come on for them when we discuss quality of care and related issues.

What are you reading right now? I have been reading mainly proposed

legislation. I am looking for my next read. More than likely, it will be a bi-ography or historical book. I also read some science fiction on summer vaca-tion.

What do you do after work? Work! I enjoy target practice, water

sports, motorcycle riding and hunt-ing, for the most part. With three kids in college and one in high school, most of my activities are in support of their activities.

Blackberry, iPhone or Android? Android.

Describe your management style. Chaotic mostly, with lots of inter-

ruptions. I will set an expectation for employees, and it is up to them to fig-ure out how to get it done. My style has changed from when I ran skilled nurs-ing facilities to what I do now. Trying to get consensus on an issue is different than directing care as a provider. I am more of a shepherd now than a dictator, when I was responsible for hundreds of souls, including employees and resi-dents.

Where do you see yourself and the association in 10 years?

Doing exactly the same job, improv-ing care here in Nevada.

What is your dream job, outside of your current field?

A hunting and fishing guide or mo-torcycle instructor.

Whom do you admire and why? Gov. Brian Sandoval. His commit-

ment to health care and behavioral health in Nevada is great. With his sup-port, Nevada can raise its standing na-tionally.

What is your biggest pet peeve? How some people treat service em-

ployees or members of the armed forces. It amazes me how poorly some people treat the ones who make our lives better. In a health care facility, the people who work in the laundry and housekeeping departments are often forgotten until there is an issue. In a facility, the administrator or director of nursing can have a bad day without much impact. If the laundry goes down, the entire facility feels it immediately.

What is something people might not know about you?

I surf on Lake Mead in the summer and consider myself a pretty good cook.

Anything else you want to tell us?

I like to say, “Everyone has two sto-ries, a motorcycle story and a nursing home story, both ending poorly. I’m trying to change that.”

Q&A WITH DANIEL MATHIS

When it comes to health care, Nevada needs more of just about everything

Daniel Mathis has little time for pleasure reading these days, with the state legislative session in full swing. (COURTESY)

In 2012, Daniel Mathis became president and CEO of the Nevada Health Care Association, a nonprofit organization that works to improve the quality of care in Nevada’s nursing homes. Among his duties: advocating for the organization’s member institutions to legislators in Carson City.

“In a health care facility, the people who work

in the laundry and housekeeping departments

are often forgotten until there is an issue. In a

facility, the administrator or director of nursing can have a bad day without

much impact. If the laundry goes down,

the entire facility feels it immediately.”

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Sense of community drives business

Jackie Edlund owns Barre3, a studio that offers group fitness classes that combine yoga, Pilates and ballet barre work. (STEVE MARCUS/STAFF)

$7 MILLIONNet income reported by

American Casino & Enter-tainment Properties LLC,

parent company of Arizona Charlie’s and the Strato-

sphere, in 2014. In 2013, the company lost $15.1 million.

$500,000Minimum amount that

foreigners need to invest in U.S. business operations to obtain a U.S. visa as part of the U.S. Citizenship and Immigration Services’ EB-5

program.

$3.1 MILLIONAmount spent by Las Vegas during its five-year partner-ship with developer Cordish Cos. trying unsuccessfully to build a stadium or arena

in Symphony Park.

4,000Workers at MGM Grand

covered by a tentative con-tract agreement between the company and the Culi-

nary and Bartenders unions.

386,400Southern Nevadans who

work in the tourism indus-try, according to the Las Ve-gas Convention and Visitors Authority. That’s 43 percent of the region’s workforce.

20Additional large conven-tions that the LVCVA says could come to Las Vegas

if its proposed Global Business District comes to

fruition.

3.2 MILLIONPassenger count at McCar-ran International Airport in February, a 2.9 percent in-

crease over the same month last year and the fifth-best

February on record.

26.4 PERCENTShare of Southern Ne-

vadans with underwater mortgages in the fourth

quarter of 2014, down from 35.1 percent a year ago, ac-

cording to Zillow.

474New homes sold in South-ern Nevada in February,

according to Home Builders Research, up 9.5 percent

from a year earlier.

Describe your business.

We are a boutique fitness stu-dio offering group fitness classes. Our classes are a unique combi-nation of yoga, Pilates and ballet barre work.

What makes Barre3 classes

different than most Pilates

classes?

We use hand weights and lim-ited props and apply a signature three-step sequence to every posture. This includes an isometric hold to really fire the muscles, one-inch movements that allow you to maintain the intensity of the hold for longer, and then large-range movements that flush out the muscles and rev the metabolism. Finally, we stretch to create long, lean muscles. How does this Barre3 location compare with other

locations throughout the country?

All barre3 locations are unique, while still maintaining an aesthetic and ethos distinct to our brand. Henderson barre3 has a warm and welcoming feel and is a tight-knit community. The studio is bright and airy with lots of natural light. It’s a place where you feel good the moment you walk through the door.

Who are your customers?

We pride ourselves on having all ages and fitness lev-els in class. You might see a daughter, mother and grand-mother in the same class. Although most of our clients are women, we love having guys in class, too. We offer childcare at our studio, so we have a lot of moms. We love helping moms take 60 minutes out of their day for self-care.

What makes your business

unique?

We take the time to learn each client’s name and to connect with him or her before class. We help everyone in class feel successful whether they have an injury or are pregnant or just coming back from childbirth.

What is your business philoso-

phy?

Work smarter, not harder. What is the best part about doing business here?

Las Vegas provides a large talent pool for hiring in-structors. There are so many professional dancers and performers in this city. They move their bodies with such awareness that it elevates the quality of our classes.

What obstacles has your business overcome?

We opened our doors in 2012 in a depressed economy. We had to fight to prove to our clients that we are worth the extra expense when many people were concerned about spending on nonessentials.

How can Nevada improve its business climate?

I moved here from Washington state, where there were so many staple companies around — Microsoft, Amazon, Starbucks and Boeing. We need to encourage that kind of creativity and innovation here.

What have you learned from the recession?

Recession is not permanent; it eventually lifts. If you just stick with it and do right by your clients, you will make it through.

BARRE3Address: 120 S. Green Valley Parkway,

Suite 194, HendersonPhone: 702-754-0290

Email: [email protected]: barre3.com

Hours of operation: 6 a.m.-7 p.m.Owned/operated by: Jackie Edlund

and barre3In business since: 2012

GET TO KNOW A LOCAL BUSINESSSend your business-related information to [email protected]

VEGAS INC

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SMITH’S WORLD

Mike Smith is an award-winning editorial cartoonist who also draws for the Las

Vegas Sun. His work also is distributed nationally by King Features Syndicate.

See archives of his work at lasvegassun.com/smithsworld.

READER COMMENTSWe want to hear from you. Visit vegasinc.com to post your opinion.

On J.D. Morris’

vegasinc.com story

“Gaming regulators

scold Caesars,

calling company’s

bankruptcy an

embarrassment”:

The stockholders

should have long ago

removed the board of

directors and senior

management who

drove this company

into the ground. The

worst thing going is

the bonuses handed

out to management

while the company is

teetering on bank-

ruptcy. — MAR100A

I wonder if Caesars

has lowered the odds

on their slots to make

up revenue. Take a

little here, a little

there. — jmurph0936

On Eli Segall’s veg-

asinc.com story “Las

Vegas home prices

leave wage growth

in the dust”:

Las Vegans love to

babble on about old

Vegas. Well, history

will repeat itself ...

KA-BOOM. — Geo-

Bushwacker

Bubble 2.0 ... this

should be interesting

to see how this ends

in a couple of years.

You guys do real-

ize there is endless

space to build homes

in Nevada. Just go to

the tallest casino and

look out the window.

— FaWilliams

On Adwoa Fosu’s

vegasinc.com story

“Skancke will resign

as leader of Las

Vegas Global

Economic Alliance”:

Lots of buzzwords,

but what does this

organization actually

do? — Ned Day

G ov. Brian Sandoval said it. The Chamber of Commerce is say-ing it. Democrats are saying it. Republicans are saying it.

Saying what? The tax system in Nevada needs reform.

Why now? My mentor, Reuben Zubrow, did a study in 1960 which the Nevada Legislature used to build a tax system that was simple, stable and synchronized with the budget. For two decades, it funded our state effectively on three legs: property, sales and gross gaming revenue taxes. It was designed to collect lots of taxes from folks who live outside Nevada.

Starting in the 1970s, however, things changed in two ways.

First, in 1978, California passed Proposition 13, which lim-ited property taxes. Afraid of a similar tax revolt coming to Nevada, the Legislature passed reforms in 1979 and 1981 that significantly cut property taxes and raised sales taxes. The result of this tax shift was a general fund largely dependent on two legs — sales and gross gaming taxes, with reduced property taxes shifted to schools, counties and cities.

In 1988, a study by Price Waterhouse outlined the conse-quences of the shift. Sales taxes are less stable than property taxes, and Nevada’s sales tax is unusual in that its base is nar-row because of numerous exemptions. The result: Our sales

tax requires the state to grow for revenue to stay constant.

General fund revenue, therefore, tends to fall behind growth in population and incomes. That’s a structural problem.

Taxes are out of sync with spending, even if you have no new spending.

The second change was in the gaming industry. When Zubrow designed the system, the Las Vegas econ-

omy centered on casinos; gaming dominated. Over several decades, however, the model has shifted to entertainment companies with casinos attached. Gaming dollars per tourist continue to drop, weakening the gaming tax leg of our system.

To the two not-so-strong revenue legs, the Legislature added over the years a cobbled-together third leg, a dis-jointed assortment of increased fees and specialized taxes, including the modified business tax, live entertainment tax and real property transfer tax.

What legislators haven’t done is analyze who we are and decide what we want to be as a state. Only then can we deter-mine the best tax system.

Zubrow told us the system must be changed as the state changes, but we’ve failed to listen and act for 55 years. Now seems to be the time.

Bill Robinson is an assistant professor of economics at Lee Business School at UNLV.

Nevada’s tax system is failing. Here’s whyGUEST COLUMN: BILL ROBINSON

TALKING POINTSSend your business-related information to [email protected]

VEGAS INC

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A tale of two ‘bargains’: BY ELI SEGALLSTAFF WRITER

At the base of Las Vegas’ western mountain range, a mansion in the Ridges, one of the wealthiest and most exclusive areas of town, has a movie theater with a 15-foot screen, a fitness room, a 4,600-square-foot guest house and a sleek pool area fit for a boutique hotel.

The compound sold for $8 million cash last year — the most expensive resale in the valley in 2014.

“That’s the most expensive house I’ve ever sold,” listing broker Gavin Ernstone said.

Across town, near of Martin Luther King Boulevard and Bonanza Road, the run-down Desert Garden con-dominium complex has boarded and barred windows, dirt courtyards and a dirt-filled swimming pool.

Unit No. 116, a two-level, 776-square-foot home with two bed-rooms and one bathroom, sold for $10,000 cash last year — the cheapest deal in the valley.

Listing agent Dave Gill said it was probably the cheapest home he’s sold in his 20-year career.

“That was an eyesore,” he said.In Southern Nevada, previously

owned single-family homes sell for a median $200,000, and condos and townhouses for $105,000, accord-ing to the Greater Las Vegas Asso-ciation of Realtors. But above and below these middle-grounds, buyers spend huge and minuscule amounts for properties in luxurious and hard-scrabble communities.

Here’s a look at the two extremes of last year’s sales range, as reported by the GLVAR. And in some ways, both deals were bargains.

99 HAWK RIDGE DRIVE, LAS VEGAS

Built in 2008, this Summerlin es-tate boasts more than $1.5 million in electronics alone. The main house is almost 8,900 square feet, with eight bedrooms, 10 bathrooms and a seven-car garage.

Amenities include outdoor lounges with fire pits; a fire-breathing iron dragon; an outdoor, oversized chess board; a two-level office; floor-to-ceiling windows; a refrigerated wine cellar with glass doors next to the dining room; and paintings and other art.

“It is definitely a resort-like prop-erty,” Ernstone, owner of Simply Ve-

gas brokerage, said.The sellers spent $16 million build-

ing and furnishing the estate, Ern-stone said, or twice what they sold it for last August.

It was listed for just under $9 mil-lion in 2013, GLVAR records show, so the buyer — health care executive Eric Moskow — got an 11 percent dis-count off the price tag.

The second-most expensive resale in the valley last year was a distant second — $4.35 million in Hender-son’s MacDonald Highlands commu-nity, according to Ernstone.

1720 W. BONANZA ROAD #116, LAS VEGAS

Desert Garden, a sprawling col-lection of two-story condos near the Spaghetti Bowl, has seen better days.

The property is shabby and in disrepair, with chipped and discol-ored stucco and tiles, warped wood, boarded windows, dirt courtyards and an entry roadway laced with cracks.

The homeowners association is ba-sically broke and can’t afford to keep the place up, according to Gill, an agent with Realty One Group. The HOA filled the pool with dirt and scrapped

the on-site child care, he said.Many units are owned by investors

who don’t bother paying HOA dues, Gill said. On top of that, more than a few tenants skip rent, sometimes abandoning their condos mid-lease.

“They don’t care,” Gill said. “They walk out after three months.”

Gill chuckled at the tiny sales price of unit No. 116 — “I’m probably em-barrassed to put that on my record,” he said of the transaction. But what’s even more eye-opening than the small price tag is what it sold for dur-ing the bubble last decade.

In a sign of just how bloated Las Ve-gas’ real estate market became, coun-ty records show that unit No. 116 sold for $62,500 in spring 2004 and then $82,000 in early 2007 — a 31 percent price jump in less than three years.

The peak buyers, husband-and-wife investors from California, sold the condo last January to other Cali-fornia investors at an 88 percent loss from their 2007 purchase price.

And in true Vegas fashion, the new owners already flipped the home.

The investors sold it for $17,043 — 70 percent above what they paid — last June to another buyer from Cali-fornia.

A home at the Desert Garden condo complex, 1720 W. Bonanza Road, sold for $10,000 in 2014, the cheapest resale in the area last year. The estate at 99 Hawk

Ridge Drive in Summerlin sold for $8 million, the most expensive resale in the area last year. (LEFT: ELI SEGALL/STAFF; RIGHT: COURTESY)

One Las Vegas home sold for $8M, the other for $10K

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BY J.D. MORRISSTAFF WRITER

Elaine Wynn, maintaining her fight to stay on the board of Wynn Resorts, said the company’s latest ac-cusations against her are a factually baseless ploy to instigate tension be-tween her and stockholders.

In an attempt to “set the record straight,” Elaine Wynn wrote a letter to stockholders in which she rejected recent claims from the company, in-cluding that she should have recused herself from certain discussions about acquiring land and that her personal foundation sold stock at an inappropriate time.

Wynn Resorts told stockholders late last month that Elaine Wynn, the ex-wife of CEO Steve Wynn, partici-pated in meetings “over the course of several years” that involved plans to possibly acquire more land on the Strip. That land, where the New Frontier once stood, eventually was acquired by a group that includes Elaine Wynn’s nephew, former Wynn Resorts executive Andrew Pascal.

While the company suggested Elaine Wynn should have recused herself from those talks, she said she had no reason to do so because she didn’t know her nephew was involved in a competing bid.

She said she twice told independent directors that she was unaware of the land purchase and that the board was attempting to oust her over reasons “made up out of the whole cloth.”

“This allegation is just another example of the reckless lengths to which the board is willing to go to ex-clude me as a director,” she wrote in the letter.

“The absurdity is, of course, that

not only did I have no knowledge of or involvement in this land deal, but any such action to help my nephew’s group would actually have been di-rectly contrary to my own financial interests since my net worth is linked to the success of Wynn Resorts,” she said.

The company also accused Elaine Wynn of taking the view that “her personal foundation is not subject to the company’s insider trading policy” when the foundation sold $10 million of stock during a blackout period just before company earnings were an-nounced.

Elaine Wynn told stockholders that the suggestion of a conflict of interest there was “wholly without merit.”

She noted that her foundation is an independent organization run by its own board and operating on a “long-standing protocol” in which she is recused from “all foundation matters relating to its ownership of company

shares.” She said the company was “fully aware” that the foundation sells shares each year, with the pro-ceeds going to philanthropy.

Wynn said the Wynn Las Vegas general counsel knew the founda-tion was selling shares during the blackout period “and in fact sent an instruction letter to the company’s transfer agent to help consummate such sale.”

“The sudden suggestion that this sale is somehow improper is a base-less allegation to distract stockhold-ers from the important issues at hand,” she wrote in the letter.

One of Wynn’s central arguments against her removal has been that she is the only female board member, and thus provides a crucial perspective.

Wynn Resorts tried to dismiss that concern by promising stockholders that it would name “one or more di-verse directors” to the board by the end of the year.

But Elaine Wynn essentially said that promise was too little, too late and that the board’s actions “belie this new-found commitment to di-versity.”

If the board really valued diversity, it would have added more women to its ranks in recent years, she said.

Another main point of contention has revolved around a lawsuit Elaine Wynn filed against Steve Wynn over a stockholder’s agreement that limits her ability to sell shares. The com-pany says the suit interferes with her work in the boardroom; she says it doesn’t.

The company said that when a board committee was looking at re-structuring Steve Wynn’s compensa-tion, Elaine Wynn sought an amend-ment to the agreement to increase the amount of stock she can sell.

But Elaine Wynn said she sup-ported her ex-husband’s equity com-pensation package and noted that he couldn’t sell stock without her con-sent under the agreement.

“All I did was reject a suggestion that Steve be given one-sided relief from the consent requirement while I remained fully bound; instead, I preferred to reach a mutual global resolution,” she wrote in the letter.

A Wynn Resorts spokesman said the company stood by its communi-cation with stockholders.

The public feud between Elaine Wynn and Wynn Resorts has been playing out ever since the compa-ny revealed several weeks ago that it wouldn’t renominate her to the board. She then launched her own campaign to keep her seat.

The fight will come to a head at an April 24 stockholders’ meeting.

Wynn says she knew nothing about nephew’s land deal

Elaine Wynn has launched a campaign with stockholders to retain her seat on the

board of directors of Wynn Resorts. (STEVE MARCUS/STAFF FILE)

BY ELI SEGALLSTAFF WRITER

Las Vegas’ soaring home prices out-paced wage growth at one of the fast-est rates in the nation the past few years, a report shows.

The average weekly wage in South-ern Nevada in the second quarter last year was $825, up just 2.2 per-cent from two years earlier. But the median sales price of homes shot up 30 percent in the two years ending December 2014, to $165,500, accord-ing to RealtyTrac.

Housing prices outpaced earnings here at the 17th-fastest rate in the country, by a ratio of roughly 14 to 1, the company found.

The fastest pace was in Merced, Ca-lif., where weekly wages rose by just $2 in two years, to $669 — an increase of 0.3 percent — but home prices jumped 42 percent, to a median $177,000.

Nationally, wages rose 1.3 percent to $782 per week, and home prices climbed 17 percent to $183,000.

The findings highlight the uneven economic recovery in Las Vegas and

around the country after the worst re-cession in decades: After the economy collapsed, home prices eventually rose again amid rock-bottom interest rates and insatiable demand from bargain-hunting investors, all while workers’ wages have largely stayed flat.

RealtyTrac, based in Irvine, Ca-lif., analyzed 184 metro areas for the report using U.S. Bureau of Labor Statistics data and local property re-cords. The company looked at hous-ing prices in a different time gap than wages because, it said, changes in pay

might take at least six months to af-fect home prices.

In Las Vegas, investors pulled the once-battered housing market from the depths of the recession by picking up cheap homes in bulk to turn into rentals. Sales prices rose at one of the fastest rates nationally, raising fears of another possible bubble.

But investors have been pulling back amid rising prices they helped create and a crowded rental market, triggering a slowdown in sales and price-growth valleywide.

Las Vegas home prices leave wage growth in the dust

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Gaming regulators scold Caesars Entertainment, calling company’s bankruptcy an embarrassment

Official: State failing to meet cash reserve requirement

BY J.D. MORRISSTAFF WRITER

To get a sense of just how compli-cated the bankruptcy of Caesars En-tertainment’s main operating divi-sion is, picture a Chicago courtroom filled with 200 lawyers, all working on the case.

That’s a real situation Caesars faced recently, general counsel Tim Donovan told gaming regulators. Donovan said Caesars was paying for many of those lawyers, who repre-sent the company and creditors.

Since the operating division sought bankruptcy protection in mid-January, hoping to eliminate about $10 billion in debt, the case has most-ly played out in Chicago, where it was filed.

But Caesars executives had to ap-pear before the Nevada Gaming Commission for approval of some routine matters in late March, and commissioners used it as an oppor-tunity to get a detailed look into the bankruptcy.

So for around two hours, Dono-van and his colleague, Caesars Chief Financial Officer Eric Hession, pre-sented information and answered questions related to the financial re-structuring of the operating division, Caesars Entertainment Operating Co.

The picture painted by Hession and Donovan was one of a struggling company, victimized by the reces-sion, fighting through Byzantine legal proceedings with the hope of eventually emerging as a stronger entity. And although commissioners were somewhat receptive to the com-pany’s woes, they had harsh words for the executives, suggesting Caesars

would not get off easy in future regu-latory meetings.

Hession said the 2008 lever-aged buyout that the company went through, which saddled it with bil-lions of dollars in debt, was “spectac-ularly poorly timed.” Caesars could have been able to pay off the debt, were it not for the financial down-turn that plagued the country shortly afterward.

As the recession battered the ca-sino industry, Hession said the com-pany tried a number of financial maneuvers to keep itself sustainable but eventually realized it could not proceed without restructuring the operating division.

That restructuring is highly in-volved on its own, but it’s further complicated by a group of lawsuits challenging some of Caesars’ busi-ness transactions leading to the

bankruptcy.According to Donovan, “almost

nobody is happy” in the bankruptcy proceedings.

“It’s not at all a pleasant experi-ence,” he said.

Dozens of Caesars’ retired em-ployees have been made particularly unhappy. As revealed in recent me-dia reports, 63 former employees stopped receiving payments because their retirement plans are considered unsecured debt.

Donovan told the commission that, while the overwhelming majority of its retirement plans were not af-fected by the bankruptcy case, some supplemental plans from past acqui-sitions had fallen into a different cat-egory. They’re not benefits offered to the general employee population and not benefits offered to unionized em-ployees, he said, but are rather “unse-

cured contractual obligations.”The company can’t legally continue

making payments under those plans, and it won’t be able to get a judge to change that, so its hands are tied, ac-cording to Donovan.

Commission Chairman Tony Ala-mo called the bankruptcy case an em-barrassment to Caesars and the state of Nevada. He was especially con-cerned about the retirement plans, and expressed a desire to do some-thing about it, but he acknowledged that the commission itself couldn’t get in the way of the bankruptcy case.

Similarly, Commissioner John Moran, who was skeptical that Cae-sars continued to pay bonuses to ex-ecutives while heading toward bank-ruptcy, was not pleased about the restructuring.

“It’s one of those kinds of sand-wiches that nobody wants to take a bite out of,” he said. “It’s very dis-tasteful, and it’s very embarrass-ing for the corporation to have to go through this.”

Commissioner Randolph Townsend also was frustrated by Caesars’ busi-ness choices.

“Some of the decisions this com-pany has made over time are com-pletely perplexing. Can we not build any more Ferris wheels for a while?” he said, referring to the company’s High Roller observation wheel on the Las Vegas Strip.

Despite the commissioners’ criti-cism, there was little they could do other than weigh in verbally. How-ever, Alamo noted that they would get “a second bite of this apple” later, when elements of the restructuring will likely require regulatory ap-proval.

BY CY RYANSTAFF WRITER

Gov. Brian Sandoval’s administra-tion might be in danger of not meet-ing a requirement that the state have a cash reserve in the treasury of a 5 percent balance at the end of this fiscal year.

Jim Wells, interim director of the state Department of Administration, told the Senate Finance Committee that the reserve rate would be 4 per-

cent, or $34.5 million short of the re-quired reserve as of June 30.

Sen. Ben Kieckhefer, chairman of the committee, said there is no pen-alty for failing to meet the 5 percent mark. But he’s worried this could af-fect the bond rating of the state.

And it means Nevada would start in the hole next fiscal year.

Sen. Pete Goicoechea, R-Eureka, said the picture for this fiscal year was “not good.”

One bill being debated in the Leg-islature that could help fill the gap, Senate Bill 505, would suspend for two months the state’s payments into the medical insurance program for state workers. That would save $17 million this fiscal year but would not affect medical coverage for work-ers and their families, Wells said.

In Senate Bill 506, $9.4 million would be taken from the reserve of the home retention fund in the De-

partment of Business and Industry to help supplement the reserve.

The Sandoval administration in-tends to strip $7 million from the Catalyst Fund used to spur economic development. Wells said, however, that money was being included in the new budget that begins July 1.

Other agencies are being stripped of expected extra money in an at-tempt to meet the 5 percent cash re-serve required by law.

The High Roller was a point of contention recently when Caesars Entertainment

executives came before the Nevada Gaming Commission. (STEVE MARCUS/STAFF FILE)

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To learn more about the Rogers Foundation and our legacy project, visit us at: TheRogers.Foundation

The Vision to Transform Lives Through Arts and Education

At The Rogers Foundation, we are leaving a legacy of opportunity, achievement and success. That’s why we’ve established scholarship and grant opportunities for students, schools and educators in Southern Nevada.

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Innovation To fund education in STEM subject matter

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Gift of...

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©THE ROGERS FOUNDATION

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Join PRSA – Las Vegas Valley Chapter for a special evening at The Strip’s newest resort, SLS!

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JAN JONES BLACKHURST, FROM PAGE 1

‘If you don’t have that Internet channel, you’re going to begin to impede your growth’Blackhurst has seen Caesars expand dramatically. It’s now a corporate giant on the Strip and in the broader global casino industry.

As executive vice president of com-munications, government relations and corporate responsibility, Jones Blackhurst is responsible for growing the company’s corporate philanthro-py work. Her achievements recently earned her a 2015 CSR (Corporate Social Responsibility) Professional of the Year award from PR News.

Jones Blackhurst recently spoke with VEGAS INC about Caesars’ cor-porate social responsibility and other gaming industry issues, including the bankruptcy restructuring of Caesars’ largest operating division.

Why is corporate philanthropy and social responsibility im-portant?

When you really make philanthro-py a business principle and not a nice-to-have but a must-have core to your business strategy, it changes the way you approach citizenship.

Our employees are a big part of our corporate responsibility, as well. Our employees give back tens of thou-sands of hours every year in philan-thropic work and volunteerism in the community. So it becomes something that every tier of the organization embraces, from the executive suite all the way down through the entire company.

I think that’s what really differen-tiates us — that this is core to our cul-ture. It’s who we are, it’s how we think about our world and our communi-ties. Right now, we’re going through the one division that’s restructuring, and it still hasn’t changed who we are and how we give.

Online gaming hasn’t done so well in Nevada and New Jersey. What do you think is missing that would make it a success?

In Nevada, only poker is legal. And with a population of 3 million, you just don’t have the liquidity to make that a particularly viable game. Peo-ple like lots of players; that’s what makes playing poker fun.

In New Jersey — and I think this is a really important distinction —

the regulators there really wanted to make sure that consumer protec-tions worked, that they could control geolocation and that they could keep players outside of New Jersey off the Internet. So they dialed the degree of difficulty of getting online very high, because they wanted to make sure that when they really did go live in a broader way, when they said they regulated it, that in fact that was the case. And that is the case. So I think you’ll now see that market start to grow.

Also, you had to get the banks and the credit card companies and oth-ers to feel comfortable supplying credit for the games. So I think it’s a process, but I truly believe that the gaming industry, like any other retail entertainment industry, if you don’t have that Internet channel, you’re go-ing to begin to impede your growth.

Is Caesars doing anything to push back against the latest Congressional effort to ban online gaming?

Yes, we’re watching that. We think it would be a huge mistake and a dis-service to the industry.

It does nothing to impede illegal play, which is rampant in the United States today. More than $2 billion or $3 billion worth of illegal play takes place all the time, it’s just there’s no benefit to the United States and there’s no protections for American consumers.

Where do you see Caesars casinos in a decade?

One of the most important changes the industry is going to have to make is the type of games offered on slot machines. The slot machines we have today just are of no interest to a younger demographic.

You’re going to see continued evo-lution of hospitality offerings. And younger customers care about the standards corporations set for them-selves. We already do it, but I think everyone’s going to have to see that’s really important to attracting the customers of the future.

What will slot machines look like in the future?

I don’t think they’re solitary. I think they’re games players can play in groups, the same way they play games in groups now. I think it’s entirely different icons. I think it’s much more game-oriented than nec-essarily just watching numbers spin. It’s more interactive, it’s less solitary, it’s more social.

What is happening during the legislative session in Carson City this session that you have your eye on?

Money for education. If we don’t fix our education, if the Legislature doesn’t see that the future of the in-dustry is in the quality of our work-force and invest in education, then the industry is going to have an issue.

It’s time.

So you support the governor’s tax proposal?

Yes, I do. Strongly. The beauty of the governor’s tax

proposal is it’s a broad-based tax. So everybody, all businesses in Nevada, share in the cost of education.

For a long period of time, the big-gest funder of all of the general fund has been the gaming industry. We’re happy to pay, because we’re a big cor-porate citizen, but we think everyone should care about education.

The governor’s tax proposal is very fair. We’re happy to pay our fair share of that.

How does Caesars plan to grow, and does the bankrupt-cy muddy that up?

Oh, I don’t think it muddies it up at all. I think it just slows it down.

We’re still looking at different proj-ects and legalization in Asia. There’s still Internet poker legislation in other states. So I see growth oppor-tunities for both the industry and for Caesars as a company.

How is your work affected by the restructuring of Caesars Entertainment Operating Company?

From a broad communications per-spective, it’s very important that cus-tomers know we’re open for business and there will be no impact whatso-ever on the level of service or the en-tertainment they receive while we’re in the restructuring.

It’s also very important that our em-ployees feel confident that the same applies to them, working with vendors and others, so there’s a high level of comfort and people know what’s going on so they can continue to provide the service or come to us for entertain-ment in a very normal manner.

If I’m an employee at one of the casinos that’s part of the bankruptcy, should I worry the casino might not be owned by Caesars at the end of the bankruptcy?

It might not be owned by Caesars, but I think very likely it would be managed by Caesars.

An attendee at last year’s Global Gaming Expo tries the Ozone slot machine

last year. (L.E. BASKOW/STAFF FILE)

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Calendar of eventsMONDAY, APRIL 6

Nevada Republican Men’s Club luncheon

with Attorney General Adam Laxalt

Time: 11:30 a.m.-1 p.m. Cost: $30 for members,

$35 for nonmembers

Location: Cili at Bali Hai Golf Club, 5160 Las Ve-

gas Blvd. South, Las Vegas

Information: Visit republicanmensclub.com

Nevada Attorney General Adam Laxalt will be the

guest speaker.

TUESDAY, APRIL 7

Society for Marketing

Professional Services luncheon

Time: 11:15 a.m.-1 p.m. Cost: $35 for members,

$50 for nonmembers

Location: Maggiano’s Little Italy, 3200 Las Vegas

Blvd. South, Las Vegas

Information: Email Heather Brown at hbrown@

innovanv.com

Anita Ross of National Security Technologies will

explain the procurement process at the Nevada

National Security Site.

April Showers of Business Growth expo

Time: 6-9 p.m. Cost: Free, tickets available at

Suncoast

Location: Suncoast, 9090 Alta Drive, Las Vegas

Information: Email Paula or Sylvester Jackson at

[email protected]

Agents, consultants, distributors and sales repre-

sentatives will be available to answer questions for

people interested in startup businesses.

WEDNESDAY, APRIL 8

Air and Waste Manage-

ment Association monthly

luncheon

Time: Check-in begins

11:15 a.m. Cost: $25 for mem-

bers, $30 for nonmembers,

$35 at the door, $10 for full-

time students

Location: Cili at Bali Hai Golf

Club, 5160 Las Vegas Blvd.

South, Las Vegas

Information: Visit nvawma.

org

Skyworks Aerial Systems CEO

Greg Friesmuth and Chief

Operating Officer Jinger Zeng

will discuss using drones for

remote sensing and indoor mapping.

Business First breakfast series:

Buying and Selling a Business

Time: 7:30-9 a.m. Cost: $18

Location: Orleans, 4500 W. Tropicana Ave., Las

Vegas

Information: Visit nevadabusiness.com

A panel featuring Gian Brown, of counsel at Hol-

land & Hart; Katrina Loftin Winkel, managing direc-

tor at BTI Group Mergers & Acquisitions; Leland

Pace, senior partner at Stewart Archibald & Bar-

ney; and Joe Wyatt, founder and chief operating

officer at L/P Insurance Services Inc., will discuss

how to buy and sell a business.

Institute of Real Estate Management meeting

Time: 11:30 a.m.-1 p.m. Cost: $35 for members,

$45 for nonmembers, $45 at the door

Location: Panevino Restaurant, 246 Via Antonio

Ave., Las Vegas

Information: Visit lasvegasirem.org

Don Giancursio, CEO of United Healthcare’s Ne-

vada operations, will be the presenter.

FRIDAY, APRIL 10

“Nevada’s Clean Energy Economy: How

Clean Energy is Creating Jobs in Nevada”

Time: 11:30 a.m.-1 p.m. Cost: $50 for early bird

tickets, $60 at the door

Location: MGM Conference Center, 3799 Las

Vegas Blvd. South, Las Vegas

Information: Visit lvgea.org

Speakers and panelists include U.S. Sen. Harry

Reid; Tom Skancke, CEO of the Las Vegas Global

Economic Alliance; Stacey Kusters, vice president

of renewable energy and origination at NV Energy;

James Hughes, CEO of First Solar; and Cindy

Ortega, chief sustainability officer at MGM Resorts

International.

FRIDAY-SUNDAY, APRIL 10-12

Las Vegas/UNLV Startup Weekend

Time: Varies Cost: $99 for educators, designers,

developers and nontechnical workers; $49 for

students

Location: UNLV Beam Hall, 4505 S. Maryland

Parkway, Las Vegas

Information: Visit lasvegas.startupweekend.org

Attendees can pitch startup ideas, receive feed-

back from peers and form teams. Top ideas will be

presented to venture capitalists.

TUESDAY, APRIL 14

Henderson Chamber of Commerce

networking breakfast

Time: 7-9 a.m. Cost: $25 for members, $45 for

nonmembers, additional $10 for walk-ins

Location: Cancun Room, Fiesta Henderson, 777

W. Lake Mead Parkway, Henderson

Information: Visit hendersonchamber.com/

events

Len Christopher, Republic Services general man-

ager, will discuss the company’s recycling efforts.

Collaboration & Community:

USGBC Nevada and Sustainability Partners

Time: 7-9 a.m. Cost: $20 for members of the

U.S. Green Building Council and sustainability

partners, $35 for nonmembers

Location: InNEVation Center, 6795 S. Edmond

St., Suite 331, Las Vegas

Information: Visit usgbcnv.org

Representatives of U.S. Green Building Council Ne-

vada Chapter, Green Our Planet, Desert Research

Institute, Green Alliance and other sustainability

organizations will outline their plans.

Clark County Association of Health Under-

writers meeting

Time: 11:30 a.m. Cost: $30 for members with

RSVP, $35 for members at the door; $40 for

nonmembers with RSVP, $45 for nonmembers at

the door

Location: Sierra Gold, 6515 S. Jones Blvd., Las Vegas

Information: Visit clarkcountyahu.org

Marketing experts Bob and Cheryl Thode will dis-

cuss engagement marketing using social media.

WEDNESDAY, APRIL 15

American Institute of Architects meeting:

Designing Healthy Communities

Time: 5:30-8:30 p.m. Cost: Free for members,

$30 for nonmembers, $50 at the door

Location: Historic 5th Street School auditorium,

401 S. Fourth St., Las Vegas

Information: Visit aialasvegas.org

Dr. Richard J. Jackson, a pediatrician and chairman

of environmental health sciences at the School of

Public Health at UCLA, will be the guest speaker.

THURSDAY, APRIL 16

Building Owners and

Managers Association mixer

Time: 5:30-7:30 p.m. Cost: $35, RSVP by April 10

Location: Neon Museum, 770 Las Vegas Blvd.

North, Las Vegas

Information: Visit bomanevada.org.

Appetizers and drinks will be served as guests

network and tour the museum.

FRIDAY, APRIL 17

Latin Chamber of Commerce meeting

Time: 11 a.m.-1 p.m. Cost: $40 for members with

RSVP, $45 for nonmembers with RSVP, $50 at

the door

Location: Culinary Academy of Las Vegas, 710 W.

Lake Mead Boulevard, North Las Vegas

Information: Visit lvlcc.com

Fred Keeton, vice president of external affairs and

chief diversity officer at Caesars Entertainment,

will be the guest speaker.

SATURDAY, APRIL 18

Las Vegas India Chamber of Commerce

installation of officers and reception

Time: 6-9 p.m. Cost: $75 for members, $85 for

nonmembers, $100 for VIPs and at the door

Location: Nevada Ballroom at Gold Coast, 400

W. Flamingo Road, Las Vegas

Consul General of India Venkatesan Ashok, Rep.

Joe Heck, R-Nev., and Rep. Dina Titus, D-Nev., are

scheduled to attend the event, which will include

dancing, a fashion show and a program on doing

business in India.

ZENG

FRIESMUTH

YOUR BUSINESS-TO-BUSINESS NEWSSend your business-related information to [email protected]

VEGAS INC

17APRIL 5 - APRIL 11

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VEGAS INC

18APRIL 5 - APRIL 11

Records and TransactionsBANKRUPTCIES

CHAPTER 7Audiocom LLC8635 W. Sahara Ave.Las Vegas, NV 89117Attorney: Thomas E. Crowe at [email protected]

Teams LLC2360 Corporate Circle, Suite 400Henderson, NV 89074Attorney: Teams LLC Pro Se

BID OPPORTUNITIES

MONDAY, APRIL 62:15 p.m.Government Center sanitary sewer improvementsClark County, 603632Sandy Moody-Upton at [email protected]

WEDNESDAY, APRIL 82 p.m.Video and telephonic interpreters and document translation servicesClark County, Bid 2015-01Kristine Sy at [email protected]

THURSDAY, APRIL 93 p.m.Auction o�ce trailerClark County, 603635Tom Boldt at [email protected]

3 p.m.Current production model type III ambulanceClark County, 603642Sandra Mendoza at [email protected]

FRIDAY, APRIL 103 p.m.Annual requirements contract for fire alarm systems monitoringClark County, 603619Adriane Garcia at [email protected]

BROKERED

TRANSACTIONS

SALES$1,100,000 for 11,818 square feet, medical o�ce1431 S. Rainbow Blvd., Las Vegas 89146Seller: Lure LLCSeller agent: Dave Sundaram of Odyssey RealtyBuyer: Dr. Rainer VogelBuyer agent: Alexia Crowley and Aaron Goldberg of Avison Young

$690,000 for 2 acres, landNear Carnegie Street and Kenneth Avenue, APN 178-30-202-014,

Henderson 89052Seller: 5802 & Acquisitions LLCSeller agent: Michael Stuart of Col-liers InternationalBuyer: Chabad of Green ValleyBuyer agent: Michael T. Brazill of Sun Commercial Real Estate Inc.

$350,000 for 5,200 square feet, multifamily4640 Koval Lane, Las Vegas 89109Seller: Did not discloseSeller agent: Did not discloseBuyer: William Somana LLCBuyer agent: Al Twainy of Colliers International

$320,000 for 4,086 square feet, industrial1991 Whitney Mesa Drive, Hender-son 89014Seller: TCWM LLCSeller agent: Cathy Jones, Paul Mia-chika, Jessica Cegavske, Roy Fritz and Riley Foley of Sun Commercial Real Estate Inc.Buyer: Mark A. PanasewiczBuyer agent: Shawn Barashy of Lee & Associates

LEASES$1,022,000 for 4,759 square feet, retail for 126 months8020 S. Rainbow Blvd., Suite G, Las Vegas 89139Landlord: Southwest Marketplace StationLandlord agent: N/ATenant: Sherwin-Williams CompanyTenant agent: Jackie Young and Liz Clare of Avison Young

$530,064 for 10,800 square feet, retail for 60 months320 N. Nellis Blvd., Suites 7-8, Las Vegas 89110Landlord: Regency Developments LLCLandlord agent: Robert S. Hatrak II of Virtus CommercialTenant: Roberto Cortez Nos. 7 and 8Tenant agent: Robert S. Hatrak II of Virtus Commercial

$423,039 for 32,722 square feet, industrial for 36 months4980 Statz St., Suite 120, North Las Vegas 89081Landlord: 4980 Statz St., Suite 120Landlord agent: Donna Alderson of CBRETenant: Columbia River Logistics Inc.Tenant agent: Art Farmanali of Cushman & Wakefield Commerce

$410,773 for 9,870 square feet, industrial for 62 months7350 Dean Martin Dr., Suite 310, Las Vegas 89139Landlord: KTR Capital PartnersLandlord agent: Jeremy Green of CBRETenant: Lone Mountain ExcavationTenant agent: Cathy Jones, Paul Miachika, Jessica Cegavske, Roy

Fritz and Riley Foley of Sun Com-mercial Real Estate Inc.

$410,087 for 12,657 square feet, o�ce for 38 months8020 W. Sahara Ave., Suite 100, Las Vegas 89117Landlord: WCCP I & II Sahara LLCLandlord agent: Nicholas Barber and Jeremy Foley of Cushman & Wakefield CommerceTenant: Best Rate Referrals Tenant agent: Did not disclose

$372,904 for 5,267 square feet, o�ce for 60 months5765 S. Rainbow Blvd., Suites 101 and 102, Las Vegas 89118Landlord: NAKP Investments LLCLandlord agent: Cathy Jones, Paul Miachika, Jessica Cegavske, Roy Fritz and Riley Foley of Sun Com-mercial Real Estate Inc.Tenant: Walker Engineering LLCTenant agent: N/A

$214,540 for 1,700 square feet, retail for 63 months200 Hoover Ave., Suite 150, Las Vegas 89101Landlord: Andandolindo LLCLandlord agent: Matt Feustel of Virtus Commercial and Grant Garcia of Prescott CompaniesTenant: Melissa TomsikTenant agent: Melissa Tomsik of Urban Nest Realty

$212,787 for 1,350 square feet, retail for 78 months1750 N. Bu¢alo Drive, Suite 104, Las Vegas 89128Landlord: New Deal-Seabreeze LLCLandlord agent: Robert S. Hatrak II of Virtus CommercialTenant: Shuan Yang (Golden China LLC)Tenant agent: Robert S. Hatrak II of Virtus Commercial

$209,820 for 4,160 square feet, industrial for 62 months3200 Polaris Ave., Las Vegas 89102Landlord: Did not discloseLandlord agent: Sean Simon and Gabe Telles of Gatski CommercialTenant: ServMax LLCTenant agent: Did not disclose

$154,791 for 1,911 square feet, retail for 62 months175 N. Stephanie St., Suite 120, Henderson 89074Landlord: Lady Luck LLCLandlord agent: C. Roger Je¢ries III of Sun Commercial Real Estate Inc.Tenant: Freeway InsuranceTenant agent: N/A

$115,668 for 1,408 square feet, retail for 65 months4983 W. Flamingo Road, Suite C, Las Vegas 89103Landlord: Lorenz Rothbucher and Thea Rothbucher TrustLandlord agent: Dan Hubbard and Todd Manning of Cushman & Wake-field Commerce

Tenant: Thuy HuynhTenant agent: Did not disclose

$115,159 for 3,452 square feet, of-fice for 48 months7310 Smoke Ranch Road, Suite K and L, Las Vegas 89128Landlord: KP Brookhollow LLCLandlord agent: Bob Hawkins and Dan Palmeri of Cushman & Wake-field CommerceTenant: American Door Service Inc. Tenant agent: Did not disclose

$101,710 for 2,056 square feet, retail for 63 months320 N. Nellis Blvd., Suite 5, Las Vegas 89110Landlord: Regency Developments LLCLandlord agent: Robert S. Hatrak II of Virtus CommercialTenant: Roberto Cortez #5Tenant agent: Robert S. Hatrak II of Virtus Commercial

BUSINESS LICENSES

Hair ADKBusiness type: Hair product salesAddress: 8751 W. Charleston Blvd., Suite 190, Las VegasOwner: HairADK LLC

Hair by HoniiBusiness type: Hair product salesAddress: 9975 S. Eastern Ave., Suite 130, HendersonOwner: Honii Buonsante

Hairadk LLCBusiness type: General retail salesAddress: 8751 W. Charleston Blvd., Suite 190, Las VegasOwner: Michele Jazwinski

Hardkore Parkour LLCBusiness type: Instruction servicesAddress: 3680 N. 5th St., Suite 130, Las VegasOwner: Je¢rey T. Jay

Heroes and Villains CollectablesBusiness type: General retail salesAddress: 1717 S. Decatur Blvd., Suite E12, Las VegasOwner: Linda Velasco Saldano

Holiday Gift Shop EventsBusiness type: Craft show organizerAddress: 62 Page St., Las VegasOwner: Maureen Alcorn

Hooters on EasternBusiness type: Restaurant/food serviceAddress: 10430 S. Eastern Ave., HendersonOwner: Tyler Eastern LLC

Houston Entertainment Inc.Business type: Professional pro-moterAddress: 400 S. 4th St., Suite 500, Las VegasOwner: Brittany Jones

Identity Sign SolutionsBusiness type: Sign consultantsAddress: 326 Teal Ridge Hills Drive, HendersonOwner: CDW Holdings Inc.

Ignacio MartinezBusiness type: Real estate salesAddress: 10000 W. Charleston Blvd., Suite 130, Las VegasOwner: Ignacio Martinez

Ilovekickboxing.comBusiness type: Instruction servicesAddress: 8670 W. Cheyenne Ave., Suite 120, Las VegasOwner: Emmerson LLC

Insane PowerBusiness type: Performance race engine builderAddress: 250 Sunpac Ave., Suite 120, HendersonOwner: Hottie Racing LLC

ISS Facility Services Inc.Business type: Professional servicesAddress: 4155 N. Rancho Drive, Suite 150, Las VegasOwner: Fergus O’Connell

Itsy BitsyBusiness type: NightclubAddress: 150 Las Vegas Blvd. North, Suite 100, Las VegasOwner: Slice LV LLC

J.P. ParkBusiness type: Real estate salesAddress: 7942 W. Sahara Ave., Las VegasOwner: J.P. Park LLC

Jamie RiceBusiness type: Real estate salesAddress: 9325 W. Sahara Ave., Las VegasOwner: Jamie Rice

Jazmin’s BoutiqueBusiness type: General retail salesAddress: 4530 E. Charleston Blvd., Las VegasOwner: Jazmin’s Boutique Inc.

JCJ Maintenance ServicesBusiness type: Construction cleanupAddress: 4306 Cottontail Lane, Las VegasOwner: JCJ Maintenance Services LLC

Jewels and MoreBusiness type: General retail salesAddress: 1717 S. Decatur Blvd., Suite H34, Las VegasOwner: Atif M. Cheema

John CherianBusiness type: Real estate salesAddress: 3160 W. Sahara Ave., Suite A13, Las VegasOwner: John Cherian

Jolie’s ServicesBusiness type: Safety equipment sales

Records and TransactionsAddress: 260 Lilium St., HendersonOwner: Maricela Gonzalez-Patino

Joshua M. Ignatowicz DMD P.C.Business type: Dental o§ceAddress: 1070 W. Horizon Ridge Parkway, Suite 120, HendersonOwner: Joshua M. Ignatowicz

KabobaliciousBusiness type: Mobile food vendorAddress: 4181 Pioneer Ave., Las VegasOwner: Kabobalicious LLC

Khaki PublishingBusiness type: Commissioning pro-grams and refinement postersAddress: 2902 Ardoch Ave., Hen-dersonOwner: Robert Baggett

Kitty V. LepnisBusiness type: Real estate salesAddress: 7854 W. Sahara Ave., Las VegasOwner: Kitty V. Lepnis

KMT Business Services LLCBusiness type: BookkeepingAddress: 9550 S. Eastern Ave., Suite 253, HendersonOwner: KMT Business Services LLC

Las Vegas Party RentalsBusiness type: Rental and leasingAddress: 4214 Bertsos Drive, Las VegasOwner: Casino Party Creations LLC

Las Vegas Wellness Massage Inc.Business type: Independent mas-sage therapistAddress: 7404 Corcoran St., Las VegasOwner: Janae Freeman

Latonya DykesBusiness type: Independent mas-sage therapistAddress: 6530 Annie Oakley Drive, Suite 316 HendersonOwner: Latonya Dykes

Latte Communications LLCBusiness type: General services (counter/o§ce)Address: 6385 Montessouri St., Las VegasOwner: Robert N. Wiviott

Law O�ces of Neal HymanBusiness type: Law firmAddress: 9480 S. Eastern Ave., Suite 260, HendersonOwner: Hyman Ltd.

LC ServicesBusiness type: Business support serviceAddress: 1540 E. Sahara Ave., Las VegasOwner: Luis A. Cabanillas

Le MarBusiness type: Open-air vendingAddress: 7790 W. Sahara Ave., Las Vegas

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VEGAS INC

19APRIL 5 - APRIL 11

Records and TransactionsAddress: 260 Lilium St., HendersonOwner: Maricela Gonzalez-Patino

Joshua M. Ignatowicz DMD P.C.Business type: Dental o�ceAddress: 1070 W. Horizon Ridge Parkway, Suite 120, HendersonOwner: Joshua M. Ignatowicz

KabobaliciousBusiness type: Mobile food vendorAddress: 4181 Pioneer Ave., Las VegasOwner: Kabobalicious LLC

Khaki PublishingBusiness type: Commissioning pro-grams and refinement postersAddress: 2902 Ardoch Ave., Hen-dersonOwner: Robert Baggett

Kitty V. LepnisBusiness type: Real estate salesAddress: 7854 W. Sahara Ave., Las VegasOwner: Kitty V. Lepnis

KMT Business Services LLCBusiness type: BookkeepingAddress: 9550 S. Eastern Ave., Suite 253, HendersonOwner: KMT Business Services LLC

Las Vegas Party RentalsBusiness type: Rental and leasingAddress: 4214 Bertsos Drive, Las VegasOwner: Casino Party Creations LLC

Las Vegas Wellness Massage Inc.Business type: Independent mas-sage therapistAddress: 7404 Corcoran St., Las VegasOwner: Janae Freeman

Latonya DykesBusiness type: Independent mas-sage therapistAddress: 6530 Annie Oakley Drive, Suite 316 HendersonOwner: Latonya Dykes

Latte Communications LLCBusiness type: General services (counter/o�ce)Address: 6385 Montessouri St., Las VegasOwner: Robert N. Wiviott

Law O­ces of Neal HymanBusiness type: Law firmAddress: 9480 S. Eastern Ave., Suite 260, HendersonOwner: Hyman Ltd.

LC ServicesBusiness type: Business support serviceAddress: 1540 E. Sahara Ave., Las VegasOwner: Luis A. Cabanillas

Le MarBusiness type: Open-air vendingAddress: 7790 W. Sahara Ave., Las Vegas

Owner: Leslie M. Camacho

Lifetrans Inc.Business type: Miscellaneous sales/serviceAddress: 3280 Coleman St., North Las VegasOwner: Lifetrans Inc.

Little Tony’sBusiness type: RestaurantAddress: 2411 W. Sahara Ave., Las VegasOwner: Pizza Rock II LV LLC

Lobsterman’s RestaurantBusiness type: Restaurant/food serviceAddress: 40 Costa Di Lago, Hen-dersonOwner: Shawn Elliott

Love Cloud LLCBusiness type: Miscellaneous sales/serviceAddress: 2634 Airport Drive, North Las VegasOwner: Love Cloud LLC

Mantra MasalaBusiness type: Food services or cafeAddress: 7785 N. Durango Drive, Suite 105, Las VegasOwner: The East India Company

Marie SepianBusiness type: Real estate salesAddress: 9525 Hillwood Drive, Suite 120, Las VegasOwner: Marie Sepian

Marilyn Joyce Bartoli - H2O Aquat-icsBusiness type: Aquatic fitness trainingAddress: 3472 Victory Ave., Las VegasOwner: Marilyn Joyce Bartoli

Martin ReynaBusiness type: Real estate salesAddress: 614 N. Rainbow Blvd., Las VegasOwner: Martin Reyna

Martin-Harris Construction Inc.Business type: ContractorAddress: 3030 S. Highland Drive, Las VegasOwner: Did not disclose

Matthew EddinsBusiness type: Real estate salesAddress: 9420 W. Sahara Ave., Suite 100, Las VegasOwner: Matthew G. Eddins

McKnight Senior Village LPBusiness type: Apartment houseAddress: 651 McKnight St., Las VegasOwner: McKnight Street Invest-ments LLC

Medlife TransportationBusiness type: Nonmedical super-vised patient transfer service

Address: 3111 S. Valley View Blvd., Las VegasOwner: Medlife Transportation LLC

MemraBusiness type: Nonprofit commu-nity servicesAddress: 6808 W. Cheyenne Ave., Las VegasOwner: Medtyme

Menchie’sBusiness type: Food services or cafeAddress: 111 N. Nellis Blvd., Suite 140, Las VegasOwner: Ruckleville Frozen Yogurt Store 1 LLC

Michael KennyBusiness type: Real estate salesAddress: 777 N. Rainbow Blvd., Suite 120, Las VegasOwner: Michael Kenny

MidasBusiness type: Automotive/general serviceAddress: 2620 Windmill Parkway, HendersonOwner: Sheets LLC

Miwok Construction LLCBusiness type: Contractor Address: 9960 W. Cheyenne Ave., Suite 190, Las VegasOwner: Miwok Global Inc.

Mojave InsuranceBusiness type: Insurance salesAddress: 1700 Western Ave., Suite B, Las VegasOwner: Mojave Insurance LLC

Moreno Clean UpBusiness type: TruckingAddress: 3836 Capsule Drive, Las VegasOwner: David Moreno

Movement Mortgage LLCBusiness type: Professional servicesAddress: 9420 W. Sahara Ave., Suite 100, Las VegasOwner: William Harris

Mr. Bill’s Pipe & Tobacco Co.Business type: Tobacco sales/loungeAddress: 7460 W. Cheyenne Ave., Suite 140, Las VegasOwner: JTR Inc.

Nerd FarmBusiness type: Etsy shopAddress: 3034 Paseo Hills Way, HendersonOwner: Jennifer Lant

Nevada Health Co-OpBusiness type: Nonprofit commu-nity servicesAddress: Multiple locations, Las VegasOwner: Bobbette A. Bond

Nextgen Gaming USA LLCBusiness type: General retail salesAddress: 8691 W. Sahara Ave., Suite 200, Las VegasOwner: Matthew Davey

Niswonger Psychological HealthBusiness type: Professional ser-vices/medicalAddress: 7445 W. Azure Drive, Suite 130, Las VegasOwner: Niswonger Psychological Health LLC

Nufinish of Las VegasBusiness type: Automobile detailingAddress: 3510 Oreana Ave., Las VegasOwner: Front Line Ready of Las Vegas LLC

NV Eye SurgeryBusiness type: Professional ser-vices/medicalAddress: 7190 Smoke Ranch Road, Suite 110, Las VegasOwner: Jackson Ophthalmology Group

BUILDING PERMITS

$464,750, commercial-remodel55 S. Valle Verde Drive, HendersonSmiths Food and Drug Center

$409,210, tenant improvement8885 W. Charleston Blvd., Suite 140, Las VegasYack Construction Inc.

$350,000, tenant improvement6211 N. Decatur Blvd., Suite 110, Las VegasCM Builders

$335,161, commercial-alteration5406 E. El Campo Grande Ave., North Las VegasBurke Construction Group Inc.

$332,810, roof-mounted photovol-taic system8080 Desert Cloud Ave., Las VegasU.S. Renewable Energy Develop-ment

$320,000, mechanical2411 W. Sahara Ave., Las VegasLiberty Heating & Air Conditioning

$320,000, wall and/or fence12225 Los Mares Lane, Las VegasDesert Plastering LLC

$306,330, disaster700 Rivenbark Court, Las VegasBelfor USA Group Inc.

$286,000, commercial-addition4030 Industrial Center Drive, North Las VegasSouthwest Material Handling

$282,795, residential-new1085 College Heights Court, Hen-dersonDR Horton Inc.

$265,251, commercial-alteration3645 Losee Road, North Las VegasKalb Industries of Nevada Ltd.

$238,032, residential-new7350 Orchard Harvest Ave., Las VegasDR Horton Inc.

$238,032, residential-new7320 Orchard Harvest Ave., Las VegasDR Horton Inc.

$237,301, tenant improvement7151 Cascade Valley Court, Suite 210, Las VegasThe Korte Company

$214,758, residential-new1100 Via Della Costrella, HendersonGreystone Nevada

$214,758, residential-new1097 Via Della Costrella, HendersonGreystone Nevada

$198,622, residential-new1105 Via Della Costrella, HendersonGreystone Nevada

$192,467, residential-new253 Hull St., HendersonBeazer Homes Holding Corp.

$192,329, sign875 S. Grand Central Parkway, Las VegasLas Vegas Sign

$185,647, residential-new12229 Nasino Ave., Las VegasPulte Homes of Nevada

$185,000, tenant improvement505 S. Grand Central Parkway, Suite 3245, Las VegasPearson & Pearson Inc.

$175,400, residential-new6233 Silver Bank St., North Las VegasKB Home Nevada Inc.

$173,871, residential-new7241 Orchard Harvest Ave., Las VegasDR Horton Inc.

$173,871, residential-new7321 Orchard Harvest Ave., Las VegasDR Horton Inc.

$173,871, residential-new7341 Orchard Harvest Ave., Las VegasDR Horton Inc.

$173,871, residential-new7330 Orchard Harvest Ave., Las VegasDR Horton Inc.

$170,342, residential-new334 Via Dante, HendersonGreystone Nevada

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VEGAS INC

20APRIL 5 - APRIL 11

Records and Transactions$170,342, residential-new331 Via Dante, HendersonGreystone Nevada

$169,732, residential-new335 Via Dante, HendersonGreystone Nevada

$168,721, residential-new382 Calabria Ridge St., Las VegasRyland Homes

$168,721, residential-new362 Calabria Ridge St., Las VegasRyland Homes

$168,721, residential-new366 Calabria Ridge St., Las VegasRyland Homes

$167,685, residential-new12205 Nasino Ave., Las VegasPulte Homes of Nevada

$164,845, residential-new399 Calabria Ridge St., Las VegasRyland Homes

$164,465, residential-new2886 Shining Sun Way, HendersonGreystone Nevada

$163,189, residential-new184 Cow Cove Ave., HendersonBeazer Homes Holding Corp.

$163,189, residential-new1156 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.

$161,249, residential-new330 Via Dante, HendersonGreystone Nevada

$160,472, residential-new2894 Shining Sun Way, HendersonGreystone Nevada

$160,472, residential-new2890 Shining Sun Way, HendersonGreystone Nevada

$160,266, residential-new261 Lindura Court, Las VegasToll South LV LLC

$159,973, residential-new249 Hull St., HendersonBeazer Homes Holding Corp.

$159,197, residential-new257 Hull St., HendersonBeazer Homes Holding Corp.

$159,142, residential-new1096 Day Marks Lane, HendersonGreystone Nevada

$158,933, pool and/or spa3609 Kobie Creek Court, Las VegasBlue Haven Pools

$157,019, residential-new338 Evante St., Las VegasPulte Homes of Nevada

$157,019, residential-new12224 Olivetta Court, Las Vegas

Pulte Homes of Nevada

$156,060, electrical8206 Silver Sky Drive, Las VegasBombard Electric LLC

$150,000, commercial-lighting700 N. Rancho Drive, Las VegasAmerican Pavement Preservation

$146,944, residential-new12225 Regal Springs Court, Las VegasKB Home Nevada Inc.

$146,518, residential-new7331 Orchard Harvest Ave., Las VegasDR Horton Inc.

$145,834, residential-new1093 Aubrey Springs Ave., Hen-dersonDR Horton Inc.

$144,669, residential-new1144 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.

$143,616, residential-new193 Leaf Tree Ave., HendersonBeazer Homes Holding Corp.

$143,616, residential-new1148 Bear Head St., HendersonBeazer Homes Holding Corp.

$143,616, residential-new1160 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.

$142,483, residential-new6773 Conquistador St., Las VegasRyland Homes

$142,483, residential-new7937 Reed Peak St., Las VegasRyland Homes

$142,396, residential-new2652 Soda Butte Court, HendersonKB Home Nevada Inc.

$142,396, residential-new2385 Valissa St., HendersonKB Home Nevada Inc.

$141,564, residential-new969 McKinley View Ave., HendersonRyland Homes

$141,198, residential-new10719 Hammett Park Ave., Las VegasToll North LV LLC

$141,198, residential-new7298 Durand Park St., Las VegasToll North LV LLC

$140,327, residential-new7340 Orchard Harvest Ave., Las VegasDR Horton Inc.

$140,289, residential-new1097 Aubrey Springs Ave., Hen-derson

DR Horton Inc.

$138,815, residential-new9514 Desert Dog Court, Las VegasRichmond American Homes of Nevada

$138,815, residential-new5618 Mackenzie Park Court, Las VegasRichmond American Homes of Nevada

$138,626, residential-new6733 Carol Steam St., Las VegasDesert Wind Homes

$138,626, residential-new6741 Carol Steam St., Las VegasDesert Wind Homes

$138,626, residential-new6758 Barrington Hills St., Las VegasDesert Wind Homes

$134,744, residential-new1089 Aubrey Springs Ave., Hen-dersonDR Horton Inc.

$134,744, residential-new1088 Aubrey Springs Ave., Hen-dersonDR Horton Inc.

$134,249, residential-new5440 Emerald Basin St., North Las VegasPardee Homes of Nevada

$132,055, residential-new3621 Corte Bella Hills Ave., North Las VegasJ.F. Shea Co. Inc.

$129,143, residential-new1101 Via Della Costrella, HendersonGreystone Nevada

$128,644, residential-new37 Arista Port St., HendersonRyland Homes

$128,644, residential-new928 Estes Cove Ave., HendersonRyland Homes

$125,540, residential-new5432 Emerald Basin St., North Las VegasPardee Homes of Nevada

$125,540, residential-new1429 Miller Ridge Ave., North Las VegasPardee Homes of Nevada

$125,404, residential-new5448 Emerald Basin St., North Las VegasPardee Homes of Nevada

$125,404, residential-new1424 Miller Ridge Ave., North Las VegasPardee Homes of Nevada

$123,813, residential-new

8132 Turquoise Tide Drive, Las VegasDR Horton Inc.

$123,598, residential-new1113 Strada Pecei, HendersonCentury Communities of Nevada LLC

$121,154, residential-new5428 Emerald Basin St., North Las VegasPardee Homes of Nevada

$121,154, residential-new5436 Emerald Basin St., North Las VegasPardee Homes of Nevada

$121,154, residential-new5444 Emerald Basin St., North Las VegasPardee Homes of Nevada

$121,154, residential-new1428 Miller Ridge Ave., North Las VegasPardee Homes of Nevada

$121,154, residential-new1425 Miller Ridge Ave., North Las VegasPardee Homes of Nevada

$120,185, residential-new7949 Point Powell Court, Las VegasRyland Homes

$120,185, residential-new10430 White Princess Ave., Las VegasRyland Homes

$120,000, tenant improvement555 S. Grand Central Parkway, Suite 3451, Las VegasShrader & Martinez Construction

$119,107, residential-new1092 Aubrey Springs Ave., Hen-dersonDR Horton Inc.

$117,500, pool and/or spa1700 Village Center Circle, Las VegasWater FX Custom Pools

$117,065, residential-new8937 Hull Bay Ave., Las VegasDR Horton Inc.

$116,413, tenant improvement653 N. Town Center Drive, Suite 114, Las VegasYack Construction Inc.

$115,303, residential-new139 Chastain Park Drive, North Las VegasWoodside Homes of Nevada LLC

$114,785, residential-new6725 Carol Steam St., Las VegasDesert Wind Homes

$114,785, residential-new6750 Barrington Hills St., Las VegasDesert Wind Homes

$114,671, residential-new2891 Shining Sun Way, HendersonGreystone Nevada

$113,173, residential-new2380 Valissa St., HendersonKB Home Nevada Inc.

$112,020, electrical212 Fox Hill Drive, Las VegasTejas Underground LLC

$108,865, residential-new6973 Ebbets Field St., Las VegasRyland Homes

$108,017, residential-new1096 Aubrey Springs Ave., Hen-dersonDR Horton Inc.

$107,296, residential-new1140 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.

$107,296, residential-new1148 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.

$106,649, residential-new8933 Hull Bay Ave., Las VegasDR Horton Inc.

$103,442, residential-new9033 Silken Crests Court, Las VegasGreystone Nevada

$103,442, residential-new9032 Cordial Cloth Court, Las VegasGreystone Nevada

$102,527, residential-new2664 Soda Butte Court, HendersonKB Home Nevada Inc.

$100,475, residential-new2382 Valissa St., HendersonKB Home Nevada Inc.

$100,475, residential-new2381 Via Firenze, HendersonKB Home Nevada Inc.

$96,868, residential-new8929 Hull Bay Ave., Las VegasDR Horton Inc.

$94,297, residential-new9041 Silken Crests Court, Las VegasGreystone Nevada

$94,297, residential-new9040 Cordial Cloth Court, Las VegasGreystone Nevada

CONVENTIONS

International Sign Association - International Sign Expo 2015Location: Mandalay BayDates: April 9-11Expected attendance: 19,500

To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/sub-scribe.

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a co perativefor Nevada.

Together, we’re doing powerful things.

I LEARN MORE AT VEA .COOP I

At Valley Electric we put people first.As one of our neighbors, you know us as the co-op that brings power to its members – in more

ways than one. Since we’re a nonprofit we deliver value to the people we serve. And through new initiatives and renewable energy projects, we’re also delivering more opportunities and jobs. It all adds

up to better service, a growing workforce, and a brighter future for the community we all call home.

MCDONALD CARANO WILSON LLP WELCOMES

ASSOCIATELAS VEGAS OFFICE

ERIN R. BARNETT

In Ms. Barnett’s capacity as a Real Estate Associate, she advises on

a wide variety of contract and business operating agreements and

facilitates commercial real estate transactions, business acquisitions and

asset purchases. Ms. Barnett brings more than a decade of experience in

commercial and real estate transactions.

Las Vegas: (702) 873-4100 | Reno: (775) 788-2000mcwlaw.com

©2015 MCW

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The List

Source: Salestraq 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 lists, omissions sometimes occur. Please send corrections or additions on company letterhead to Pashtana Usufzy, researcher, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.

CATEGORY: HOME BUILDERS(RANKED BY 2014 NEW HOME SALES VOLUME)

CompanyTotal sales volume

Total homes sold

Average closing price

Year established Top executive

1 Lennar Homes2490 Paseo Verde Parkway, Suite 120Henderson, NV 89074702-736-9100 • lennar.com

$288,226,181 868 $332,058 1994 Jeremy Parness, division president

2 D.R. Horton Homes1081 Whitney Ranch DriveHenderson, NV 89014702-635-3600 • drhorton.com/lasvegas

$271,175,430 829 $327,111 1995 Brad Burns, division president

3 Richmond American Homes7770 S. Dean Martin Drive, Suite 308Las Vegas, NV 89139702-617-8400 • richmondamerican.com

$180,839,659 567 $318,941 1987 Brian Kunec, division president

4 Ryland Homes8925 W. Russell Road, Suite 200Las Vegas, NV 89148702-360-7500 • ryland.com

$144,772,416 531 $272,641 2004 Dana Rogers, division president

5 American West Homes250 Pilot Road, Suite 140Las Vegas, NV 89119702-736-6434 • americanwesthomes.com

$137,079,263 400 $342,698 1984 Larry Canarelli, president

6 KB Home Las Vegas5655 Badura Ave.Las Vegas, NV 89118702-266-8400 • kbhome.com

$129,701,616 461 $281,348 1993 Robert McGibney, president

7 William Lyon Homes500 Pilot Road, Suite GLas Vegas, NV 89119702-263-8200 • lyonhomes.com

$114,916,608 197 $583,333 1995 Mary Connelly, division president

8 Pulte Homes8345 W. Sunset RoadLas Vegas, NV 89113702-256-7900 • pulte.com

$108,307,702 303 $357,451 1992 Ryan Breen, division president

9 Pardee Homes4675 W. Teco Ave., Suite 115Las Vegas, NV 89118702-614-1400 • pardeehomes.com

$102,231,311 280 $365,112 1952 Klif Andrews, division president

10 Century Communities (formerly Dunhill Homes)6345 S. Jones Blvd., Suite 400Las Vegas, NV 89118702-873-5338 • centurycommunities.com

$79,996,222 258 $310,063 2014 Don Boettcher, division president

11 Toll Brothers1140 N. Town Center Drive, Suite 250Las Vegas, NV 89144702-243-9800 • tollbrothers.com

$70,491,059 169 $417,107 Did not disclose

Did not disclose

12 Harmony Homes8912 Spanish Ridge Ave., Suite 200Las Vegas, NV 89148702-489-9685 • harmonyhomes.com

$63,555,803 230 $276,330 2008 Robert Beville, president

13 Woodside Homes Nevada4670 S. Fort Apache Road, Suite 200Las Vegas, NV 89147702-889-7800 • woodside-homes.com

$62,721,802 167 $375,580 1988 Kent Lay, division president

14 Beazer Homes Nevada2470 Paseo Verde Parkway, Suite 135Henderson, NV 89074702-837-2100 • beazer.com

$58,012,787 268 $216,466 Did not disclose

Did not disclose

15 Shea Homes5840 Summit Greens St.North Las Vegas, NV 89081800-685-6494 • shea.com

$30,286,159 106 $285,718 Did not disclose

Rick Andreen, president of Trilogy

YOUR BUSINESS-TO-BUSINESS NEWSSend your business-related information to [email protected]

VEGAS INC

22APRIL 5 - APRIL 11

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Page 23: 2015-04-05 - VEGAS INC - Las Vegas

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Page 24: 2015-04-05 - VEGAS INC - Las Vegas

(702) 384-7000 alversontaylor.com7401 W Charleston Blvd, Las Vegas, NV 89117

A COMPREHENSIVE CIVIL PRACTICE SERVING CLIENTS SINCE 1977.Business Law | Real Estate | Civil Litigation

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