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| K.M. CANNON | LAS VEGAS REVIEW-JOURNAL UFC fighter Rashad Evans, top, pounds on opponent Forrest Griffin in the third round of their UFC 92 light heavyweight title bout at the MGM Grand Garden arena on Dec. 27
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Study reveals Ultimate Fighting Championship's combined events make it Las Vegas' No. 2 earner
An evening of men punching each other in the face in an eight-sided fenced ring has become one of the area's top business ventures and tourist drivers, according to a new study by a local firm.
The results were not surprising to Lorenzo Fertitta, chairman and chief executive officer of Zuffa, which owns mixed-martial arts league Ultimate Fighting Championship.
"It's built on the root foundation of the first way human beings competed," said Fertitta, referring to Pankration, one of the events in ancient Olympic games. "So we don't think this is a fad, or that people are going to get sick of watching people compete in martial arts. This is something we think is going to go on forever and grow."
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Executive Snapshot An ideal candidate based on a diverse background of marketing, advertising, and sales, Las Vegas native Maureen Crampton was first hired by Simon Property Group as a consultant before the Forum Shops at Caesars opened. Today, the director of marketing for one of the Strip's most frequented shopping destinations focuses her craft on building relationships with 160 clients -- the retailers within the mall. Almost half of local hospitals report losses The hospitals in Clark County endured a weakening pulse last year that may not get stronger in the near future. Associations chase delinquent fees from bank-seized homes Homeowners associations are pursuing delinquent fees from bank-seized homes more aggressively. There were 14,681 foreclosure filings in the Las Vegas Valley in May, or one in every 54 housing units, which is more than seven times the national average, reports RealtyTrac, an Irvine, Calif.-based foreclosure tracking service. It marks the highest foreclosure rate among metro areas with a population of at least 200,000. The region's foreclosure activity increased 4 percent from the previous month and 78 percent from a year ago. Homeowners associations, as a result, have struggled to collect dues from banks and enforce maintenance codes. Lawyers settle in at new firms, grow practice areas It was a merger that never happened, yet generated more buzz around the local law circles than those law firms that actually did combine. The aftershocks of Greenberg Traurig's involvement with Kummer Kaempfer Bonner Renshaw & Ferrario linger. Hire Learning Setting prices, handling public relations and marketing and selling Las Vegas souvenirs should keep a group of local teens busy this summer. The 16 Las Vegas Chamber of Commerce interns are learning firsthand how to run a small business and hope to turn a profit in the process. Longtime banker eyes Titus post in 2010 John Guedry is on the verge of seeing whether a longtime banker can win public office in a down economy in which personal bankruptcies and foreclosures have become as familiar in Las Vegas as buffets. Ads wheel into Boulder City Las Vegas Valley residents are so used to ads of all kinds that mobile billboards may blend in with the scenery after a while. But the signs on wheels turned many heads in the still-quaint town of Boulder City, where the advertising method is untested. REFUGE FOR THE DESERTED It is often said that when two people divorce, it is their children who suffer. When a homeowner and the bank have irreconcilable differences, it is the family pet that pays the price these days. Amid astronomical foreclosure rates and overburdened shelters, Foreclosed Upon Pets Inc. is saving furry four-legged friends by providing animal rescue, fostering and adoption services. Philanthropy DONATIONS On the Move audio/video services
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