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Revenue Down, but Net Income Up for Las Vegas Motor Speedway Parent

Revenue Down, but Net Income Up for Las Vegas Motor Speedway Parent

The parent company of the Las Vegas Motor Speedway is hoping new deals will help the bottom line.

Speedway Motorsports Inc., parent of Las Vegas Motor Speedway, suffered another quarter of decreasing revenues as the North Carolina racetrack company this week reported 2013 third-quarter total revenues that were nearly $5 million less than the revenues for the same three-month period in 2012.

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

Revenue Down for Las Vegas Motor Speedway Parent

Revenue Down for Las Vegas Motor Speedway Parent

The North Carolina-based company blames the shortfall on bad weather at events.

The parent company of Las Vegas Motor Speedway absorbed another financial hit in the second quarter as revenue, including ticket sales, was down for the three-month period compared to the same time period in 2012.

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

Toyota to Sponsor Fall NHRA Races at Las Vegas Motor Speedway

Toyota to Sponsor Fall NHRA Races at Las Vegas Motor Speedway

Drag racing's top circuit visits Las Vegas twice a year.

Toyota has signed a multiyear deal to sponsor the fall NHRA drag races at The Strip at Las Vegas Motor Speedway.

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Speedway Motorsports Sees Revenues, Ticket Sales Decelerate

The company's annual report pins the blame of lingering effects of the national recession.

The numbers don’t lie. Speedway Motorsports Inc., parent company of Las Vegas Motor Speedway, has watched revenues, including ticket sales, drop annually for five years.

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Quail Hollow Farm Grows Into Labor of Love

Farming in southern Nevada? It's happening just northeast of Las Vegas.

Here’s something you don’t see in Southern Nevada every day: Three young adults, 19 to 20 years old, working in the blistering June sun, up to their ankles in dirt, clearing weeds from a plot of eggplant. They weren’t being paid, and no, it wasn’t part of a sentence, criminal or otherwise. These labors were bearing fruit strictly by the choice of the laborers.

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

Luncheon Honors Impact of Nellis in Southern Nevada

Luncheon Honors Impact of Nellis in Southern Nevada

 

The impact of Nellis Air Force Base and its servicemen and women will be honored next month at a business luncheon.

The Las Vegas Chamber of Commerce will host the event Tuesday, March 19, at Texas Station. Major General Jeffery G. Lofgren, commander of the U.S. Air Force Warfare Center at Nellis, will be the keynote speaker and will discuss Nellis’ role in the military, as well as the relationship between Nellis and the southern Nevada community.

Nellis Air Force Base has an estimated $5 billion economic impact on Las Vegas. More than 8,500 military and 4,200 civilian personnel are employed at Nellis, Creech Air Force Base and the Nevada Test and Training Range.

Registration and the Nellis showcase will open at 11:30 a.m. and the lunch will run from noon to 1 p.m. Cost of the event is $50 for Chamber members and $65 for non-members. Tickets can be purchased at LVChamber.com.

FAA Makes Flight Restrictions Deal with Tour Companies

FAA Makes Flight Restrictions Deal with Tour Companies

LAS VEGAS (AP) -- The Federal Aviation Administration is going to restrict air space around Las Vegas from Sunday evening to Wednesday afternoon while President Barack Obama is in town.


An FAA statement issued Friday says eight local Grand Canyon sightseeing tour companies will be able to use nearby Jean Airport during that time. Jean is 25 miles south of the Strip. Several other area airports will be closed to general aviation. Commercial traffic at McCarran International Airport won’t be affected.

Two helicopter air tour companies also will be able to conduct night sightseeing tours out of McCarran.

The president plans a campaign event late Sunday at a Las Vegas high school. He’s scheduled to stay at the Westin Lake Las Vegas to hold debate practice sessions for two additional days before his scheduled debate against Republican nominee Mitt Romney.