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Trade groups respond to Nevada regulator and AG in lawsuit challenging Nevada law

CFPB Monitor

We recently provided an update in a case we’ve been following involving a lawsuit challenging a Nevada statute, SB 311, that allows an applicant for credit with no credit history to request that a creditor treat an applicant’s credit history as identical to that of the applicant’s spouse during the marriage.

Nevada 78
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MGM Resorts Appoints Acting Chief Executive Officer

PYMNTS

Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. He is a Providence Equity Partners senior managing director emeritus.

Las Vegas 130
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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

PYMNTS

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Banana Gaming has operations in Shanghai and Seoul, Korea. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group.

Nevada 180
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Bitcoin Daily: Hedgefund Billionaire Plans $1B Crypto Venture; Baton Gets Series A Funding

PYMNTS

Elwood Asset Management — owned by British billionaire and Brevan Howard Founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial Times reported on Aug.

Bitcoin 188
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Amazon Just Got Beaten To The Punch On Drone Deliveries

PYMNTS

Associated Press reported on Friday (March 25) that Flirtey, a startup founded in Australia but recently relocated to its new Nevada headquarters, successfully completed what appears to be the United States’ first autonomous drone delivery in a residential environment.

Nevada 100
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TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam

PYMNTS

Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And it doesn’t fit in with most companies’ operations very well.”. And, he noted, TemperPack is just getting started.

Las Vegas 256
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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Diversification through renewable energy.

Lending 195