Las Vegas Businesses Divided Over Nevada Tax Burden

1 Oct, 2008 / GamblingCompliance Ltd. / Howard Stutz

The casino industry and the wider business community have long disagreed on how to subsidize Nevada's multi-billion-dollar biennial budget. Gaming leaders, whose casinos provide almost half of the state's general fund revenues, want non-gaming businesses to share the burden through a period of deep recession, either through an increase in the modified business tax or the implementation of a gross receipts tax.