Business

Jack Fisher named General Manager of MontBleu Resort at Lake Tahoe

Jack Fisher, a 35-year gaming operations veteran with a strong Northern Nevada background, has been appointed General Manager at MontBleu Resort Casino & Spa at Lake Tahoe, a Tropicana Entertainment Inc. property.

Fisher brings an appreciation of Lake Tahoe’s vacation destination appeal with MontBleu’s brand as an all-encompassing resort for year-round outdoor recreation with upscale amenities, four-star dining, gaming, nightlife and entertainment.

Regulators: Nevada Online Poker in 7-10 Months

Americans could see the first U.S.-based licensed and regulated real-money poker site this holiday season.
At Monday’s Gaming Policy Committee meeting in Las Vegas, Nevada Gaming Control Board Chairman Mark Lipparelli said that the Silver State will likely issue its first licenses in 30-60 days — and it will probably take another six to eight months after that before games are running.
Despite efforts from a handful of other states, Nevada remains the only jurisdiction in the country where online poker is legislatively authorized.

Tahoe Regional Young Professionals Offers 'CPR for Business'

Tahoe Regional Young Professionals get down to business with this month’s professional development speaker, Third Alarm – an organization comprised of retired firefighters turned public speakers. The event is at the Lake Tahoe Visitors Authority Nevada offices, May 17 from 6:45 – 8 p.m., beginning promptly at 7 p.m.

Realigning Highways, Tourism and the Environment tour offered by Chamber

Tourism, transportation and the environment will be among the topics explored during the Pathways to Prosperity Trek being produced by TahoeChamber in partnership with the North Lake Tahoe Chamber of Commerce and the Tahoe Prosperity Center.

Coyote Grill Announces Phase One Expansion

Milky Way Incorporated dba Coyote Grill has announced the signing of an Amendment to its lease in Round Hill Square allowing it to more than double the size of its current business model.

Currently occupied by ‘Paradise Nails and Spa,’ Suite 102 is 1684 square feet and will allow the Coyote Grill to begin its long anticipated expansion that will include entertainment, gaming, pizza and varietal coffees and espressos.

Nevada Announces Plans To Consolidate Workforce Investment Boards

CARSON CITY — A state agency announced Tuesday it plans to consolidate three separate boards that oversee workforce development into one, resulting in $5 million more in federal funds directed annually to helping train job seekers to find employment.
The plan, “Moving Nevada Forward: A Plan For Excellence in Workforce Development,” was released by the Nevada Department of Employment, Training and Rehabilitation (DETR).

Drop in prices lure second-home shoppers to Lake Tahoe

Like a lot of vacationers, Rick and Kristie Santos would return from trips to Lake Tahoe during the housing boom wondering what it would take to own a second home there.
Lately, however, with interest rates dipping below 4 percent and home prices seeking bottom, the Fair Oaks couple started thinking differently. The Santoses recently joined a growing number of would-be buyers scouting the Tahoe area for second homes.

Nevada Unemployment Shows Slight Improvement In First Quarter Of 2012

CARSON CITY — A broader measure of Nevada’s unemployment picture, including those who have given up looking for work, showed slight but continued improvement through the first quarter of 2012, a federal report released today shows.
The rate in Nevada dropped from 22.7 percent in the four quarters through Dec. 31, 2011, to 22.3 percent through March 31, according to the quarterly report from the U.S. Bureau of Labor Statistics.

Sierra Wins Award for Most Heart-Warming Video with Burton Star Wars Experience

Sierra-at-Tahoe Resort is honored to be recognized by Ski Area Management in the Best Video category of their 2011-12 Marketing Awards. Produced by First Track Productions Sierra received the "Most Heart-Warming Video" award featuring the Burton Star Wars Experience.
In its inaugural year, the Burton Star Wars Experience is a snowboard experience that introduces three to six year-old kids how to snowboard in an interactive environment like no other.

Nevada Governor Sandoval says Amazon online sales tax revenue is about fairness

CARSON CITY — Nevada Gov. Brian Sandoval said Thursday that a recent deal announced with Amazon.com to collect sales taxes from on-line purchases in Nevada beginning in January 2014 is only the tip of the iceberg.

Report: Nevada Tax System Ranks High For Entrepreneurs, Small Business

CARSON CITY — A new business index evaluating the states on the effects of their tax systems on entrepreneurship and small business ranks Nevada 3rd behind South Dakota and Texas.
The Small Business & Entrepreneurship Council’s “Business Tax Index 2012” pulls together 18 different tax measures, and combines them into one tax score that allows the 50 states and District of Columbia to be compared and ranked.

Governor Sandoval: No New Taxes

LAS VEGAS — Gov. Brian Sandoval today told conservative business group Keystone Corporation that his decision to support a two-year extension of taxes that were scheduled to expire eliminates the need for any new taxes to balance the state budget.

'Cash mobs' mobilize to boost small businesses

Bringing together strangers, often through social media, the cash mob events aim to support locally owned merchants. The upshot: stores get a windfall, and 'mobsters' learn more about their city and meet new friends.
Similar to so-called flash mobs — groups that assemble in public to perform often frivolous activities such as dancing — cash mobs bring together strangers. But the purpose is serious: to support locally owned businesses with a quick injection of cash. The trend is part of a larger "buy local" movement that has emerged in response to the rise of big-box national chains that are putting the squeeze on mom and pop stores.

Board members sought by Tahoe Regional Young Professionals group

The Tahoe Regional Young Professionals group seeks three new Board of Director positions: an Assistant Executive Director, Finance and Special Events Director. Application and nominations are being accepted until May 5. The current Board of Directors will conduct interviews, May 7-9, vote and announce the newest additions to the organization mid-May.

Vail Resorts closes acquisition of Kirkwood Mountain Resort at Lake Tahoe

It is official. Kirkwood Mountain Resort is now officially under the umbrella of ski industry giant Vail Resorts, Inc.

Report: Nevada Ranks In Top 20 For Economic Competitiveness

Nevada’s polices of low taxes and small government ranked it 18th among states in its ability to compete and grow its economy, according to a report released today by the American Legislative Exchange Council (ALEC).

Fitch Affirms South Tahoe Public Utility District with AA+; Rating Outlook Stable

Fitch Ratings affirmed South Tahoe Public Utility District on Monday as part of its ongoing survey of public agencies, noting the ratings outlook remains within the organization remains "stable."
The firm, which positions itself as a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data, gave the water and sewer district a AA+ rating, noting $10.8 million sewer revenue certificates of participation. The ratings agency also asserts that STPUD continues to have strong reserves in place that protects the district against a reduction in its property tax revenues.

Two percent TOT funds Tahoe City project; future money for Kings Beach

The existing 2 percent Transient Occupancy Tax, which is up for renewal on the June 5, 2012 ballot, has funded a number of North Lake Tahoe public improvement projects and services since voters first authorized it in 1996.

The renewal, called Measure F, is not a tax increase and, if passed, would continue to be paid by lodging guests only via the TOT bed tax when they spend the night in North Lake Tahoe. North Lake Tahoe residents would not be taxed under Measure F.

Tahoe Regional Young Professionals Seek Additional Board Members

Tahoe Regional Young Professionals are seeking three new Board of Director positions: an Assistant Executive Director, Finance and Special Events Director. Application and nominations are being accepted until May 5. The current Board of Directors will conduct interviews, May 7-9, vote and announce the newest additions to the organization mid-May.

KTHO radio enters partnership with Coyote Grill owner

Imagine a place at Lake Tahoe where local bands can go to play, with quality sound and lighting — and live performances streamed across the Internet to be potentially heard around the world.
That vision could become a reality this year under a new partnership between Coyote Grill owner Leland Faegre and South Lake Tahoe-based KTHO radio.

Nevada’s Jobless Rate Shrinks Again In February But News Not All Good

CARSON CITY – Nevada’s unemployment rate fell four-tenths of a percentage point in February to a seasonally adjusted 12.3 percent, but the news is not all positive, a state agency reported today.
Bill Anderson, chief economist with the Nevada Department of Employment, Training and Rehabilitation (DETR), said an argument can be made that the forces behind the drop in the jobless rate were signs of weakness.

'Cash Mobs' Use Social Media To Splurge In Locally Owned Stores

Flash mobs have been blamed as a factor in looting during urban riots. But now a group of online activists is harnessing social media like Twitter and Facebook to get consumers to spend at locally owned stores in cities around the world in so-called Cash Mobs.

Beverage entrepreneur Mike Murphy buys Dart Liquor

If anyone would have asked Mike Murphy 10 years ago if he'd be in the gas, liquor and convenience store business, the answer would be: No way.
The former international businessman, who once lived in Manhattan, never dreamed he'd be in Tahoe let alone making a living through selling wine, beer and spirits.

Substitute Personnel has Office Space for Lease

For local business owners who are looking to rent desk space or an office, call Substitute Personnel. Sharing the space helps with rent and utilities, and they may be able to offer needed business services as well. Location is in the center of town near Sierra Tract.
Desk space could start as low as $250 per month including utilities and snow removal; separate office space would be $600 per month including utilities. Space includes furnishings,shared kitchen area and bathroom (not wheelchair accessible).

Lake Tahoe puts forth big effort in 2022 Winter Olympics

The last time Lake Tahoe hosted the Winter Olympics, John F. Kennedy was still a U.S. senator, Muhammad Ali was still Cassius Clay and Mike Eruzione was a 5-year-old.
The year was 1960, and the Squaw Valley Games boasted a grand total of 17 events.
Fast forward more than half a century and Lake Tahoe again wants to host the Olympics. By 2022, the year they're shooting for, the Winter Games will have more than 90 events.

MontBleu General Manager Jef Bauer abruptly resigns

MontBleu Resort Casino & Spa in Stateline, Nev., Lake Tahoe announced today that Jef Bauer, General Manager, resigned effective immediately.
Bauer served as general manager since October 2010, according to a news release. A reason for his departure was not given.

Home-Based Businesses License Fee Approved By Nevada Legislative Panel

CARSON CITY – A regulation requiring thousands of home-based businesses to pay a $200 annual fee won approval today from a legislative panel.
Secretary of State Ross Miller has been trying to get the regulation approved for several months, but has seen the regulation stymied by strong opposition from some Nevada residents and Republican lawmakers who argued the regulation exceeded his authority.

Milestone: Heavenly resort at Lake Tahoe has most Facebook fans among ski resorts worldwide

Heavenly Mountain Resort at South Shore Lake Tahoe is officially the world’s most popular ski and snowboard resort on Facebook.

Transportation and the Economy Kicks Off Tahoe Regional Young Professionals

Tahoe Regional Young Professionals’ development and education speaker series kicks off, March 15, from 6 - 9 p.m. at the Lake Tahoe Airport’s Flight Deck Restaurant and Bar with Alfred Knotts, principal planner/project manager for the Tahoe Transportation District.

New Study Finds Low Tax Burden For Mature Nevada Businesses But Higher Costs For New Firms

CARSON CITY – Nevada ranks at the top of states for its low overall tax liability paid by mature businesses, but only 38th for new firms due in part to a lack of incentives, according to a new comprehensive study by the Tax Foundation.

Vail Resorts to buy Kirkwood in $18 million deal

Vail Resorts, Inc. announced Wednesday that it has entered into an agreement to acquire Kirkwood Mountain Resort at Lake Tahoe, Calif., recognized by skiers and snowboarders as offering some of the best high alpine advanced terrain in North America.

Nevada To see Up To 33 cents on the dollar from $50 million Lehman Brothers 2008 loss

CARSON CITY – The state Board of Finance was told today that Nevada now expects to receive between 30 and 33 cents on the dollar in recovery from a $50 million investment loss when Lehman Brothers unexpectedly filed for bankruptcy in September 2008.
Nevada state Treasurer Kate Marshall said the state initially expected only 10 to 11 cents on the dollar when the firm filed for bankruptcy protection during the height of the nation’s financial crisis.

TRPA community liaison Jeff Cowen honored by North Tahoe chamber

Tahoe Regional Planning Agency employee Jeff Cowen was honored as the recipient of the North Lake Tahoe Chamber and Resort Association’s Employee of the Year Award for his outstanding work as TRPA’s Community Liaison.
“I was shocked and truly honored to receive this recognition,” Cowen said about the award. “I am lucky in my job because I get to inform the community about all the great work being done by TRPA staff. I know I share this award with them,” he said.

Open Letter from Lake Tahoe Books and Art Windows on the Sierra

The following is from Michael Scialfa, owner of Lake Tahoe Books and Art Windows on the Sierra and Beyond. Follow them on Facebook here.

An open letter to our patrons:

Reno-Tahoe named 3rd best ski airport in the nation

Noted for being able to get in and out with relative ease, short check-in lines, and an uncrowded atmosphere, Reno-Tahoe International Airport was named as the Third Best Airport in the Nation for Skiers by Ski Magazine. The write-up was authored by Elyse Saugstad and Cody Townsend. Go here for the story, click through and see how other airports compare.

South Lake Tahoe gourmet shop celebrates 35 years

For those born after 1976, the Cork and More is older than they are. The specialty food and wine shop recently celebrated a milestone, marking its thirty-fifth year in business last month. From a small wine and cheese shop to a complete culinary business, the store has grown and changed over the years to offer the consumer gourmet food, products and accessories for the kitchen and the table.

Gaming win in January up for Tahoe, statewide

Gaming win statewide was up just over 2 percent in January compared to the prior year, according to the monthly Nevada Gaming Control report.

For the fiscal year, the state is up 1.24 percent over the prior year.

South Lake Tahoe say its gaming win jump 6 percent in January and 6.63 percent for the fiscal year, despite the lack of snow to draw in skiers to the area.

The Carson Valley area that includes Carson City was up almost 5 percent. For the fiscal year, the area is still down 1.5 percent.

Nevada governor aims to eliminate regulations that stifle economic development

Gov. Brian Sandoval said this week that he plans to repeal 654 unnecessary regulations that will assist in the state’s efforts at economic diversification and job creation by making Nevada more business friendly.
In addition to the repeal of more than 600 rules, another 1,100 will be updated as a result of an executive order he issued in January 2011 imposing a one-year freeze and calling for his cabinet to thoroughly review the entire regulatory framework of the state. The review was finalized last week.

Nevada Governor Unveils Economic Plan; Calls For 50,000 New Jobs By The End Of 2014

RENO — Gov. Brian Sandoval used the University of Nevada, Reno on Tuesday as a backdrop to unveil his economic development plan, and he challenged the business community and all partners to work to create 50,000 new jobs by the end of 2014.

Could Winter X Games land at Lake Tahoe?

Could the Winter X Games be moving to a Lake Tahoe ski resort? This year’s Winter X Games concluded Sunday, and also concluding was a contract that the X Games had with Aspen’s Buttermilk Mountain. The contract expired and ESPN, which is the event owner, could be looking for another venue.

State Treasurer’s Office OKs New Nevada Capital Investment Program

CARSON CITY — Treasurer Kate Marshall announced today that a request for proposals for a manager to oversee a new investment program using up to $50 million from the state Permanent School Fund has been issued by the Nevada Capital Investment Corporation (NCIC) Board of Directors.

Kate McGee joins KUNR as Northern Nevada radio broadcast journalist

RENO, Nev. – Kate McGee has joined 88.7 FM KUNR – Reno Public Radio – as a broadcast journalist, coming to northern Nevada from the East Coast. She recently graduated from Fordham University in the Bronx, N.Y., with a dual bachelor's degree in American studies and history. She started her public radio career at Fordham’s WFUV Radio as a reporter, anchor and producer, where she covered everything from Mayor Mike Bloomberg to stickball tournaments.

Nevada casinos see their profits, revenue rise in 2011

The Nevada Gaming Control Board released its Nevada Gaming Abstract for 2011 today, which shows profits for Nevada casinos rose 16.4 percent. But for South Shore casinos, profits dropped 72 percent.

Read the report below:

T.J. Maxx to open South Lake Tahoe store

After months of speculation, the City of South Lake Tahoe is pleased to announce the owners of the Garfinkle property located 2011 Lake Tahoe Boulevard (northeast corner of the “Y”) have signed a permit application to bring T.J. Maxx into the location as their new tenant. The owners have indicated they expect a spring 2012 grand opening.

“This is exciting news for the City and community, an excellent way to get New Year 2012 off to a great start breathing new life into that corner of the community,” said South Lake Tahoe Mayor Claire Fortier.

Bookstore pops up at the Village Center

By Elaine Goodman / Tahoe Business Monitor
Shoppers who visit the just-opened Lake Tahoe Books and Art store in the Village Center won’t just be tackling their holiday gift lists — they’ll also be part of an experiment.
The store, which will be open through December and possibly longer, is in part a test to see if there is enough community support for a permanent, full-service bookstore at the South Shore.

Nevada Job Creation Efforts Move Forward With New Economic Development Office

By Sean Whaley / Nevada News Bureau
CARSON CITY – Efforts by Gov. Brian Sandoval and state lawmakers to encourage new business creation, relocation and expansion in Nevada took a major step forward today when the Legislature’s Interim Finance Committee approved nearly $3.5 million to fund a new economic development office.

Nevada Tourism Commission welcomes skiers with new winter campaign

As the Silver State enters what appears to be another record-breaking ski season at Lake Tahoe and the Sierra, the Nevada Commission on Tourism has launched an ad campaign geared at winter enthusiasts in several key markets, Lt. Gov. Brian Krolicki announced Wednesday.

Site Sponsor Story: South Lake Tahoe's Newest Outdoor Store

Lake of the Sky Outfitters is Lake Tahoe’s newest outdoor store specializing in hiking, backpacking, snowshoeing, and cross country skiing. Owners Peter and Nancy Hussmann bring over 35 years of experience hiking and cross country skiing in the Lake Tahoe Basin to their business.” We are excited to share our knowledge with our customers and help them pick out the right piece of equipment or clothing for their outdoor activities”.

Heavenly Mountain Resort gets favorable environmental certification

Heavenly Mountain Resort has announced that its new multi-million-dollar Tamarack Lodge received Leadership in Energy and Environmental Design (LEED) certification by the U.S. Green Building Council. Tamarack Lodge is the first LEED-certified, on-mountain building at Lake Tahoe. It will serve as the blueprint for the construction of Northstar California's new on-mountain lodge and as a guide for future Vail Resorts development.

Edgewood investment seen as South Shore Tahoe key to future

Edgewood Companies’ plan to erect a spacious lodge costing upwards of $100 million represents the most significant private investment at South Lake Tahoe in several decades — and the investment can’t come too soon, say private and government executives who work at South Lake Tahoe. Skimpy capital investment on both sides of the state line means many hotel properties and retail centers have fallen behind other gaming and destination markets, say concerned executives.

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Welcome to the Motherlode Century! This amazing bicycling event will be held Sunday, May 20, 2012. Our mission is to provide you the best bicycle ride Northern California has to offer. We hope your positive experience here will not only compel you to participate every year, but will also entice you to return to enjoy a river trip, wine tasting or the many products this bountiful area has to offer. This century bike ride benefits the American River Conservancy, and Breathe California Sacramento Emigrant Trail charities.
Staged in the foothills of the Gold Country the Motherlode offers three ride options. The Gold Dust (31 miles), The Gold Nugget ( 67 miles), and the Motherlode (100 miles).
The start/finish and host camp is Earthtrek Expeditions located in Lotus, CA on the South Fork of the American River, in the beautiful Coloma Valley. This camp is our base for pre-ride check-in, and post ride dinner. Not only is this area a mecca for recreation, but also a center of fine food, wine and beer production.

Since 1994, Powder House has grown to become the largest and most
complete ski & snowboard rental shop in South Lake Tahoe, California.
For convenience and value of ski and snowboard rental packages, you
cannot beat the Powder House Ski and Snowboard of Lake Tahoe.

Please contact us by phone (530) 542-6222 or e-mail us with any questions you may have regarding Lake Tahoe ski and snowboard rentals, and accessories. Stop by and "check out" the very best ski and snowboard rental equipment on the market.

Use promo code “southtahoenow” to get 25% OFF on your next reservation at http://www.tahoepowderhouse.com

Welcome to the Motherlode Century! This amazing bicycling event will be held Sunday, May 20, 2012. Our mission is to provide you the best bicycle ride Northern California has to offer. We hope your positive experience here will not only compel you to participate every year, but will also entice you to return to enjoy a river trip, wine tasting or the many products this bountiful area has to offer. This century bike ride benefits the American River Conservancy, and Breathe California Sacramento Emigrant Trail charities.
Staged in the foothills of the Gold Country the Motherlode offers three ride options. The Gold Dust (31 miles), The Gold Nugget ( 67 miles), and the Motherlode (100 miles).
The start/finish and host camp is Earthtrek Expeditions located in Lotus, CA on the South Fork of the American River, in the beautiful Coloma Valley. This camp is our base for pre-ride check-in, and post ride dinner. Not only is this area a mecca for recreation, but also a center of fine food, wine and beer production.

Tahoe Media is a full-service multimedia company whose success results from delivering targeted and measured results. Tahoe Media has a talented group of graphic designers, nationally recognized photographers, copy writers and software engineers. As technological innovators we can assist your company attain qualified connections and media reach. Our elite team translates our enthusiasm into consistent solutions and analytics.

Peace of Mind Float Spa L.L.C. is Lake Tahoe's premiere Sensory Deprivation (Float Tank) destination. We provide 2 float tanks as well as a Far Infared Sauna and an Aroma Therapy Oxygen Bar to enhance your complete flotation experience. Operated by Karin and Darin Nobriga, long time Tahoe locals. We provide the most relaxing mind and body experience in the Tahoe basin.

We're located at 290 Kingsbury Grade, Stateline, Nevada next to the Goal Post and a quarter mile from the Stateline casinos. We offer local and casino employee discounts and encourage those who haven't floated, to try the most relaxing experience of their lives.
What is Floating?
Floating is a therapeutic treatment that isolates the user from environmental stimulus, greatly reducing stress, and easing the body into a state of equilibrium. Floating is also known as flotation therapy, floating therapy, float therapy, restricted environmental stimulation therapy (or REST), and Epsom salt hydrotherapy. The flotation tank is referred to as an isolation tank, sensory deprivation chamber, float tank, floating tank, and rest tank.

The flotation tank itself is a sensory deprivation pod with 10 inch deep water warmed to 93.5 degrees and enriched with 800 pounds of Epsom salt (magnesium sulfate). The tank has an advanced filtration/purification system that operates according to regulations from the State of Nevada.

The space inside is approximately 8 feet long by 4 feet wide. Although some may be wary of feeling claustrophobic the first time they float, the tank door opens freely and you are in complete control. You can come and go as you wish. You can also float with the door open. For those who would like audio stimulation, relaxing music is available.
The experience of floating is unique. Inside the tank you’ll float effortlessly on the surface of 93.5 degree water. Floaters feel a sense of weightlessness. That weightlessness, the temperature of the water, and the dark, quiet space of the tank allow the brain to ease into a theta* brain wave state. This usually happens in the second half hour of a one hour float session. First time floaters should not expect instant results. Generally it takes more than one float to completely “let go” and fully experience flotation.