2024.07.17
morongo casino imagesMany have opted for Las Vegas to release their pent-up demand for entertainment. But 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.A long line of unemployed people stands outside the One-Stop Career Center in Las Vegas on March 17, 2020. red stag casino loginAnd the gaming and entertainment company that has made its name celebrating hitmakers is bringing one in – just not from the music industry – for the festivities. (Image: Las Vegas Sun)Business has been good. A long line of unemployed people stands outside the One-Stop Career Center in Las Vegas on March 17, 2020. captain jack casino no deposit welcome bonus borgata casino buffet pricepoker tournaments hawaiian gardens(Image: Las Vegas Sun)Business has been good. 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. ecord. seneca niagara casino phoneMany have opted for Las Vegas to release their pent-up demand for entertainment. The tax hike is part of an effort to replenish the state’s fund that distributed unemployment compensation to Nevadans who were put casino kentuckyout of work during the pandemic.Nevada’s Employment Security Division and Department of Employment, Training, and Rehabilitation jointly held a virtual public meeting last Friday regarding the proposed unemployment insurance (UI) tax increase. Many have opted for Las Vegas to release their pent-up demand for entertainment. borgata casino resort casino near me directionsonline casino with sign up bonusA long line of unemployed people stands outside the One-Stop Career Center in Las Vegas on March 17, 2020. There is no small business exemption,” a Vegas Chamber statement declared.“The COVID-19 pandemic is still creating challenges for many businesses, such as increased supply costs, delay of materials and products, labor shortages, and evolving health guidelines,” the commerce release continued. The huge jump in unemployment claims, a large bulk being unemployed Nevada casino workers, has run the state’s unemployment fund dry. The 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. “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. 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. seneca niagara casino update soaring eagle casino luke bryan |