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Atlantis Casino Resort Spa Reno (event sponsor)

Unexpected departure of David Farahi from Atlantis owner Monarch surprises investors

Monarch Casino & Resort, owner of Atlantis Casino Resort in Reno, said in a surprise announcement that Chief Operating David Farahi was leaving the company on Sept. 3.

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Clark County Government Center

NV Energy to pay $1.1 million annually to keep Clark County in the fold

Commission members have scheduled an agenda item for Tuesday’s meeting to discuss and possibly adopt the proposed contract, which would see it become at least the fourth government agency to receive direct cash payments from NV Energy in return for a promise not to consider leaving NV Energy for another electric provider.

Front view of the building front of the Clark County School District administrative building

Proposed contract would see NV Energy pay Clark County School District $1.5 million annually to remain a customer

Members of the Clark County School District’s Board of Trustees have scheduled an agenda item and possible vote during their upcoming Thursday meeting on a contract that would lock the district into an agreement to remain an NV Energy customer for the next five years, in return for annual $1.5 million in either direct cash payments or through a special rate program for large customers.

A picture of Henderson City Hall Sign

NV Energy paying nearly $1 million a year to keep Henderson, LVCVA as customers

The two contracts offer a unique view into just how far NV Energy — which is owned by the Warren Buffet-run Berkshire Hathaway conglomerate — is willing to go to entice large Nevada power users to remain utility customers, as many of the largest businesses in the state have openly weighed or taken proactive steps to buy power from other electric providers.

Station Casinos to drop exit application, stick with NV Energy for electric service

In a joint statement sent Tuesday, NV Energy and Station Casinos announced they had reached an agreement on fully bundled electric service and that the casino company — which owns multiple properties in the Las Vegas area including Red Rock Casino Resort and Spa, Palace Station and Green Valley Ranch — would withdraw its application before the state’s Public Utilities Commission to depart from utility electric service and purchase power from another provider.

LVCVA to stick with NV Energy, drop exit application

The two entities made the announcement in a joint press release sent Wednesday, ending the LVCVA’s flirtation with leaving the utility to purchase power from another electric provider and keeping another large customer within the utility’s folds.

Last-minute bill would severely curtail ability of businesses to leave NV Energy

Introduced by Democratic Sen. Chris Brooks on Wednesday, SB5XX would substantially alter the state’s so-called 704B law for the first time since it was created in 2001, adding numerous new restrictions and requirements — including a new licensing structure, additional payments and more requirements for a departure — for businesses that already have or are in the process of departing NV Energy’s electric service.

Sands, NV Energy bury hatchet, announce 'long-term energy supply agreement'

In a joint press release sent late Monday, the two companies announced they had reached a “long-term energy supply agreement” and have “recommitted” to a partnership — signaling an end to the constant sniping and internecine warfare between the two corporate giants that had in many ways defined the state’s energy landscape for the last five years.

Photo of The Cosmopolitan Las Vegas

Cosmopolitan files to leave NV Energy's electric service

The 3,027-room Cosmopolitan of Las Vegas hotel and casino filed an application with state energy regulators last week to leave NV Energy’s electric service and to purchase power on the open market; the third such business or entity to do so in 2019.

LVCVA, hydrogen fuel plant file to leave NV Energy

Applications filed this month show that both the LVCVA and a planned hydrogen fuel plant built by Air Liquide are seeking to leave the state’s primary electric utility, the first two of 2019 and the latest in a growing line of businesses that have filed to leave the utility as a full-service customer.

Grand Sierra Resort, SLS Las Vegas file to leave NV Energy

Two additional major Nevada casinos have filed applications with state regulators to leave NV Energy as electric customers, joining the double-digit parade of companies filing to leave the utility and further clouding the state’s energy future.

South Point files to leave NV Energy

Another major Nevada gaming property has filed an application to leave NV Energy and purchase electricity from another provider, the eighth company to do so in 2018. The South Point Hotel and Casino on Dec. 6 filed an application with the state’s Public Utility Commission seeking to leave NV Energy and purchase power from a new provider starting on July 1, 2019.

The sign at NV Energy corporate headquarters

Boyd Gaming files to leave NV Energy, seventh proposed exit this year

Boyd Gaming, which operates eight casinos in Las Vegas and several others throughout the country, filed an application with the Public Utilities Commission of Nevada on Nov. 28 kickstarting the process that would allow the company to purchase electricity from a company other than NV Energy.

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