Nevada

Prominent Nevada legal firm looks back on 75 years of operations

Published

2 years ago

June 9, 2024

Prominent Nevada legal firm looks back on 75 years of operations

There aren’t many Nevada companies that have been around for 75 years, but a prominent law firm with offices in Reno, Las Vegas and Carson City claimed that distinction last month.

McDonald Carano, which has more than 60 lawyers and government relations professionals, was founded in 1949 as Bible & McDonald by former World War II fighter pilot Bob McDonald and Alan Bible, who served as a member of the U.S. Senate from Nevada for 20 years. They knew each other in the Nevada attorney general’s office.

Don Carano, a name familiar to those who know the gaming industry, joined the firm in 1962, becoming a partner a year later.

The Carano family founded Eldorado Resorts in the early 1970s, and the company’s original flagship property, the Eldorado hotel-casino in downtown Reno, recently observed its 51st anniversary.

The Carano casino group was the eventual acquirer of Caesars Entertainment Corp. for $17.3 billion in 2020, and Eldorado changed its name to Caesars Entertainment Inc. With that transaction, the company surpassed MGM Resorts International as the largest gaming operator in the United States.

Importance of experience

The legal profession certainly crosses paths regularly with gaming. Hardly a Gaming Control Board or Nevada Gaming Commission meeting occurs without at least one representative of McDonald Carano making an appearance on behalf of a gaming client.

“Experienced legal counsel, with knowledge of Nevada’s Gaming Control Act and commission regulations, are vital to our state’s regulatory process,” said Kirk Hendrick, chairman of the Gaming Control Board. “Knowledgeable gaming counsel ensures that licensees and applicants receive proper advice regarding how Nevada’s gaming regulators strictly protect our state, its citizens and visitors.”

While Hendrick declined to speak about specific law firms or attorneys, regulators always seem comfortable talking with representatives of McDonald Carano, and its gaming law practice, which includes A.J. “Bud” Hicks, the firm’s gaming and administrative law chair; A.G. Burnett, a former Gaming Control Board chairman; partners Gregory Giordarno and Dennis Gutwald; and attorney Kelci Binau. All have had either regulatory or representative roles with gaming organizations.

Over the years, the firm has represented clients in some high-profile Las Vegas events.

In 2021, when the Seminole Indian Tribe’s Hard Rock International announced its agreement to acquire The Mirage from MGM Resorts International for $1.07 billion, McDonald Carano represented Hard Rock for the transaction’s regulatory approval. The firm also served as local counsel on various real estate matters involved in the acquisition.

Liberty Media Corp., the commercial rights holder of Formula One racing, brought the Las Vegas Grand Prix to the Strip in November. In 2022, McDonald Carano represented Liberty Media in connection with several real estate matters, including the acquisition of land for its race course and location of the pit and paddock.

But the firm isn’t just about gaming and tourism. It has a wide variety of expertise in employment and labor law, real estate and land use, energy, environment and natural resources law, trusts and estates, construction law and litigation, bankruptcy and government affairs and advocacy.

The firm is part of the city of Las Vegas’ outside counsel in its fight over development of the shuttered Badlands golf course.

“It’s truly remarkable that we are celebrating that 75th anniversary,” said George Ogilvie III, the firm’s managing partner as well as the managing partner of the Las Vegas office. “I look at some very, very venerable old-line law firms in Nevada, both in Reno and Las Vegas, and they’ve either split up or been absorbed by regional or national firms. It’s remarkable that one of the first statewide law firms still remains independent and standing. I think it’s a tribute reflective of a culture that Bob McDonald instilled in this law firm that exists today.”

Firm viewed like a family

Part of the reason for that is that attorneys view the firm as a family and few people leave once they’ve become established — unless they’re appointed to judgeships. Seven McDonald Carano alumni have been appointed or elected to serve as judges in federal or Nevada judicial roles, and two more have served as judges and have since left the bench.

“I tell people if I ever leave the law firm it’s probably because I’m incapacitated or doing something else besides practicing law,” said partner Ryan Works, chair of the bankruptcy, insolvency and financial restructuring practice. “I’m not going anywhere.”

Firm members are proud of their Nevada heritage and their record of giving back to their communities through pro bono and other charitable work. More than 80 percent of the firm are native Nevadans.

Some members of the firm are literally family.

Partner Joshua Hicks, chair of government affairs and advocacy, said he grew up idolizing many of the partners, including his gaming attorney father, A.J. “Bud” Hicks, and his uncle, Larry Hicks, who died May 29 in Reno after being struck by a vehicle.

“Because my father was a partner at the firm. I got to know them over the years through my dad being there and spending time at the office for various things. And I definitely grew up really admiring and having a lot of respect for the people who were at the firm. They were pillars of the community, involved with just about everything.

“My uncle Larry Hicks, who was here before he went onto the federal bench, and guys like John Frankovich and Leo Bergen who are still around and working,” he said. “It was kind of like a Major League Baseball team of lawyers. It was a team I always wanted to play for once I decided to become a lawyer and go to law school.”

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on X.

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Nevada

Earthquake swarm rattles central Nevada near Tonopah along newly identified fault

Published

6 hours ago

March 4, 2026

Press Room

Earthquake swarm rattles central Nevada near Tonopah along newly identified fault

A swarm of earthquakes has been rattling a remote stretch of central Nevada near Tonopah, including a magnitude 4.0 quake that hit near Warm Springs Tuesday morning.

Seismologists said the activity is typical for Nevada, where clusters of earthquakes can flare up in a concentrated area. “This is a very Nevada-style earthquake sequence. We have these a lot where we just see an uptick in activity in a certain spot,” said Christie Rowe, director of the Nevada Seismological Lab.

The latest magnitude 4.0 quake struck east of Tonopah near Warm Springs. The largest earthquake in the swarm so far has measured a 4.2.

What has stood out to researchers is the fault involved. Rowe said the earthquakes are occurring along a fault stretching along the southern edge of the Monitor and Antelope ranges — and that it was previously unknown to scientists. “We didn’t know this fault was there. It’s a new fault to us — not to the Earth, obviously — but it was previously unknown,” Rowe said.

For now, the earthquakes have remained moderate. Rowe said the lab would not deploy additional temporary sensors unless activity increases to around a magnitude 5 or greater.

Seismologists said they are continuing to watch the swarm closely as Nevada works to bring the ShakeAlert early warning system to the state. The program, already active in neighboring states, can send cellphone alerts seconds before shaking arrives. “For me, it’s a really high priority. That distance to the faults gives us enough time to warn people — and that can make a big difference in reducing injuries and damage,” Rowe said.

Seismologists encouraged anyone who feels shaking to report it through the U.S. Geological Survey’s “Did You Feel It” system, saying even small quakes can help scientists better understand Nevada’s seismic activity.

Experts said the swarm is worth monitoring but is not cause for alarm. They noted that earthquakes like the 5.8 that hit near Yerington in December 2024 typically happen in Nevada about every eight to 10 years, and said they will continue monitoring the current activity closely.

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Nevada

Kalshi Enforcement Action Belongs in Nevada Court, Judge Says

Published

18 hours ago

March 3, 2026

Press Room

Kalshi Enforcement Action Belongs in Nevada Court, Judge Says

Nevada state court is the proper venue for reviewing whether KalshiEX LLC is improperly accepting sports wagers without a license, a federal district court said.

The Nevada Gaming Control Board showed that the state statutes under which it seeks relief don’t require interpreting federal law, Judge Miranda M. Du of the US District Court for the District of Nevada said in a Monday order. The board’s action is now remanded to the First Judicial District Court in Carson City, Nev., the order said.

The board in 2025 urged Kalshi, a financial services company, to get a gaming license, but the …

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Nevada

EDITORIAL: Nevada still vulnerable as tourist downturn continues

Published

1 day ago

March 3, 2026

Press Room

EDITORIAL: Nevada still vulnerable as tourist downturn continues

Strip gaming executives can put their best spin on the numbers, but local tourism indicators remain a major concern. Casino operators seeking to draw more people through the door still have much work to do.

The Nevada Gaming Control Board released January gaming numbers Friday. The news was underwhelming. The state gaming win was down 6.6 percent from a year earlier. The Strip took the largest hit, an 11 percent drop. But the gloomy returns were spread throughout Clark County: Downtown Las Vegas was off 5.2 percent, Laughlin suffered a 3.3 percent decline and the Boulder Strip dipped by 7 percent.

For the current fiscal year, gaming tax collections are up a paltry
2.1 percent, below budget projections.

The red flags include more than gaming numbers. Recently released figures for 2025 reveal that visitation to Las Vegas fell nearly 8 percent from 2024, which represented the lowest total since the pandemic in 2021. Traffic at Reid International Airport fell more than 10 percent in December and was down 6 percent for the year. Strip occupancy rates fell 3 percent in 2025.

To be fair, this is not just a Las Vegas problem. International travel to the United States was down
4.8 percent in January, Forbes reported, the ninth straight month of decline. Travel from Europe fell 5.2 percent, and passenger counts from Asia fell 7.5 percent. Canadian tourism cratered by 22 percent.

No doubt that President Donald Trump’s blustery rhetoric has played a role in the decline, but there’s more at work. International tourism has been largely flat since Barack Obama’s last few years in office. But domestic travel has held relatively steady although it is “starting to cool,” according to the U.S. Travel Association. Las Vegas hasn’t been helped by high-profile complaints last year about exorbitant Strip prices for parking, bottled water and other staples. Casino operators responded by offering discounts, particularly for locals, and they’ll need to continue those policies into 2026.

The tourism downturn has ramifications for the state budget, which relies primarily on sales and gaming tax revenues to support spending plans. “Nevada’s employment and economic challenges reflect deep structural factors that extend beyond cyclical economic fluctuations,” noted a recent report by economic analyst John Restrepo. “The state’s extreme concentration in tourism and gaming creates unique vulnerabilities.”

The irony is that state and local politicians have been talking for the past half century about “diversifying” the state economy. In recent years, that effort has primarily consisted of handing out millions in tax breaks and other incentives to attract businesses to the state. A dispassionate observer might ask whether that approach has brought an adequate return on investment.

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