The Las Vegas Convention and Visitors Authority (LVCVA) has completed
$20 million in recent improvements to the Las Vegas Convention Center.
The LVCVA implemented the changes, which are designed to enhance the
customer experience, to the 3.2 million-square-foot facility over the
past two years while working around shows and events in the building.
“The Las Vegas Convention Center is home to many of the top trade
shows in the country,” said Terry Jicinsky, senior vice president of
operations for the LVCVA. “It is important to keep the facility fresh
and offer its more than a million yearly guests the convenience that
will make conducting business in Las Vegas a success.”
The first noticeable change is the faÁade of the Las Vegas Convention
Center. Two different shades of gray paint now cover the once mauve
exterior to create a more modern look. In addition, the Green Parking
Lot has been expanded adding more than eight acres to the lot near
Desert Inn Road and Swenson St. Designs are underway on two more
parking lots to allow for more convenience and access.
Inside, more than one million square feet of new red carpet has been
installed. The lighting has also been upgraded in the Central and
North Halls. The new fixtures deliver up to 20 percent more light with
42 percent less energy. The interior has also been painted.
In a worldwide first, Starbucks has added a double-sided counter
inside its recently expanded store. Being able to serve the customers
from both sides of the counter has resulted in faster service.
American Express has opened its OPEN Business Lounge inside the main
entrance of the Las Vegas Convention Center. The 3,400 square-foot
lounge serves American Express OPEN card members and new applicants
and offers refreshments, free WiFi, computer and printer access, and
seating for meetings or relaxation. It is the first OPEN Business
Lounge on the West Coast.
All of the recent improvements will be integrated into future plans
for Las Vegas Global Business District, an overarching vision for the
Las Vegas Convention Center and the surrounding area. The $2.5 billion
Global Business District will create an international business
destination by incorporating major renovations of the Las Vegas
Convention Center, leveraging the World Trade Center designation and
developing transportation connectivity through a centralized hub.
The Las Vegas Convention Center, located adjacent to the Las Vegas
Strip, is one of the largest convention centers in the country. It
hosts an average of sixty meetings, events, conventions and trade
shows a year, with more than 1.2 million visitors. Nearly 14,000 local
jobs are supported by events held at the Las Vegas Convention Center,
which generate more than $1.6 billion in local economic impact. Trade
Show News Network has named Las Vegas as the top trade show
destination in North America for nineteen consecutive years, hosting
53 the top 250 shows in 2012.
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During Magic Market Week Pons, one of the new shoe companies,
exhibited for the first time at F.N. Platform. The company is owned by
a husband and wife from Spain, who believe in small business’s
expanding. Their 2014 Spring-Summer collection presented The Avarcas
sandal. This footwear was originally designed for the Menorcan
workers, and overtime morphed into a symbol of the Menorcan’s
identity. A favorite of shoe of Spanish royalty, Avarcas scandals have
more than a century of tradition and today have been reinvented as a
shoe for both comfort and style. All shoes are made of genuine leather
on the upper part of the shoe with flexible Eco-friendly recycle
The Brits are back at The FN Platform, where the best of British
footwear talent is displayed with confidence in unparalleled
creativity and style of British designers, writing over $2.2 million
worth of business in February this year.
The Italian Footwear Association brings ‘’the made in Italy that
conquered the world.’’
A total of 23 men’s, women’s and children’s footwear makers are
exhibiting their Spring/Summer 2014 collections in the Italian
Pavilion. America is Italy’s third biggest export market in terms of
value, 6 percent by quantity. In 2012, exports to the United States
totaled approximately 12.9 million pairs, up 2.5 percent over 2011.
Italian footwear has one of the largest selection’s available at Magic
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Pinnacle Entertainment announced that it has entered into a definitive
agreement for the sale of Lumiere Place Casino, HoteLumiere, the Four
Seasons Hotel St. Louis, and related excess land parcels (collectively
“Lumiere Place Casino and Hotels”) to Tropicana Entertainment Inc.
(“Tropicana”). Under the terms of the agreement, Tropicana will
purchase Lumiere Place Casino and Hotels for cash consideration of
approximately $260 million.
Anthony Sanfilippo, Chief Executive Officer of Pinnacle Entertainment,
commented, “We are pleased to enter into this agreement with Tropicana
and to sell the high quality assets underlying this transaction to an
equally high quality operator of gaming entertainment properties. We
are also pleased to reach this very important next step in addressing
the Federal Trade Commission’s concerns regarding the competitive
dynamics of the St. Louis gaming market, and to progress toward
fulfilling the divestiture conditions of the consent order that was
accepted by the FTC on August 12th. Following the completion of the
divestitures of both Lumiere Place Casino and Hotels and Ameristar’s
Lake Charles development project, we will use the substantial cash
proceeds we receive from these transactions to repay debt and reduce
Lumiere Place Casino and Hotels will be accounted for as discontinued
operations beginning in the 2013 third quarter. The sale of Lumiere
Place Casino and Hotels is expected to close by the end of the 2014
first quarter, subject to the approval of the Missouri Gaming
Commission and Federal Trade Commission, as well as customary closing
conditions. The divestiture is structured as a 338(h)(10) transaction.
The book carrying value for Lumiere Place Casino and Hotels was $401.5
million at June 30, 2013.
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A poll conducted by Monmouth University shows that a majority of
Americans support the use of unmanned aircraft systems for search and
rescue and border patrol. The poll found that 83 percent of Americans
support UAS use for search and rescue and 62 percent support the use
of the technology for patrolling our nation’s border. Michael Toscano,
president & CEO of the Association for Unmanned Vehicle Systems
International (AUVSI), released the following statement:
“This poll shows Americans’ overwhelming support for UAS for a variety
of applications. UAS have the potential to help in search and rescue
missions by covering more ground and keep police officers safe by
providing an eye in the sky in dangerous situations. They do all of
this at a fraction of the cost of manned aircraft, helping to save
time, save money and, most importantly, save lives. We as an industry
are committed to the safe and responsible integration of UAS into the
national airspace, and it is exciting to see public support behind the
uses of this technology.”
The Monmouth poll comes on the heels of an Institute for
Homeland Security Solutions and RTI International poll released
earlier this year that also showed that a majority of Americans
support UAS use in search and rescue, fighting crime and commercial
applications. The poll found that 57 percent of the general public
supports UAS for any application, 88 percent support UAS for search
and 63 percent support their use in fighting crime.
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Scott F. Kavanaugh, Chief Executive Officer of financial services
institution First Foundation Inc., announced the opening of a new Las
Vegas, Nevada, office located at 6725 Via Austi Parkway, Suite 100.
Offering a full suite of investment management, wealth planning,
consulting, insurance, trust and banking solutions, this is First
Foundation’s seventh full-service office and the first outside of
“First Foundation focuses on the client, integrating the best in
banking and wealth management solutions to meet their needs. I’m
particularly proud of our commitment to philanthropic and community
involvement, notably so far with the Grant a Gift Autism Foundation,”
said Viola Hill, Vice President, Private Banker. Ms. Hill is
responsible for the private banking needs of Nevada clients. She has
more than 25 years of experience in the banking industry, most
recently with the Private Bank at US Trust in Las Vegas.
The local team will be supported by investment, trust, planning and
banking colleagues located throughout Southern California.
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