2024.07.18
fanduel casino logo(Image: Las Vegas Sun)Business has been good. Many have opted for Las Vegas to release their pent-up demand for entertainment. Gross gaming revenue (GGR) has eclipsed the billion mark in each of the past six months. poker game called casinoOn Friday, Hard Rock International will celebrate the official grand opening of its Cincinnati casino. (Image: Las Vegas Sun)Business has been good. (Image: Las Vegas Sun)Business has been good. hard rock casino locations riversweeps add moneyhard rock cafe 4 winds casinoA long line of unemployed people stands outside the One-Stop Career Center in Las Vegas on March 17, 2020. But a pending decision in the Carson capital stands to impede the recovery, some business owners argue.The Nevada Employment Security Council has proposed increasing the state’s unemployment insurance tax. And that’s why some feel a higher UI tax is warranted while economic conditions are seemingly improving.“If we get into trouble with inflation or another downturn or another whatever typwild horse pab casino instagrame of situation … it’s better to hedge forward than wind up trying to buy our way out again,” opined Ray Bacon, executive director of the Nevada Manufacturers Association.lake tahoe casino package dealsBut the truth is we’ve been doing this for a couple of decades, we have an unparalleled track record,” said CEO Rob Goldstein in response to an analyst question on the company’s third-quarter earnings conference call last week.As for LVS stock, which is off 36.24 percent year-to-date, some analysts view it as a bargain among gaming names.“The risk-reward trade-off for Sands China is compelling, with a bear case indicating a 9 percent downside, while a bull case leads to a 132 percent upside and our base case showing 68 percent upside,” adds Bernstein.“Additionally, the impact of the Delta variant is causing uncertainty that is slowing economic recovery.”Nevada has been funding its unemployment claims with federal stimulus money made available through the CARES Act. Nevada casinos have fared well in much of 2021, as Americans are finally permitted to travel leisurely. lucky tiger casino no deposit code sam s town casino shreveport la1 dollar slot machinesThe Nevada Employment Security Division must inform employers regarding the UI tax rate before January 1, 2022.UI Tax RatesStates vary in deciding how to levy an unemployment tax rate on employers. Nevada casinos have fared well in much of 2021, as Americans are finally permitted to travel leisurely. Gross gaming revenue (GGR) has eclipsed the billion mark in each of the past six months. Passing a tax increase at this time sends the wrong message to Nevada’s employers, who have struggled to keep their doors open and maintain employees,” declared Gina Bongiovi, chair of the Vegas Chamber.The Nevada Employment Security Council has proposed increasing the UI tax from 1.65 percent in 2021 to 2.0 percent in 2022. Many have opted for Las Vegas to release their pent-up demand for entertainment. The state continues to lead the nation in unemployment, with approximately 7.5 percent of Nevadans out of work in September.While that’s down from eight percent in April of this year, it remains considerably higher than the national average of 4.8 percent.But some business leaders believe increasing the UI tax on employers now is too soon.We are still facing challenges ahead of us as a state because of the pandemic. gold coast casino parking liar s poker online free |