Vici Properties generated $2.6 billion in revenue last year and said about 45 percent of the haul stemmed from its properties on Las Vegas Boulevard.
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The towering north Strip resort is set to open this year, following prior stops and starts.
Lawmakers introduced the bill in response to a Review-Journal investigation that showed some of the largest real estate transactions did not pay a transfer tax.
The new 12-story building at the Henderson casino-resort is slated to feature 375 rooms and about 15,000 square feet of additional ballroom space.
A North Dakota tribal nation closed its $10.25 million purchase of the former White Sands Motel site last week.
Work crews had torn down most of Fiesta Rancho’s hotel tower, on the north side of the property, as of Thursday morning.
The housing market started 2023 on a slow note, and though mortgage rates have been volatile lately, buyers have been returning.
The 2.2-acre compound boasts unobstructed views of the Strip, 18-car garage, gym, outdoor sport court, pizza oven, 50-plus-foot-long pool and spa, and two-story guest house.
The White Sands Motel, built in the 1950s during Las Vegas’ mafia days, is a run-down property across from the Luxor that many people likely don’t even realize is there.
Las Vegas’ famed casino corridor is a highly lucrative and competitive tourism market, where massive resorts offer extensive and ever-changing menus of amenities.