Two bills backed by the Nevada sports betting industry that could lead to an increase in the $3.9 billion already wagered annually in the state’s sports books were signed into law by Gov. Brian Sandoval.
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In 2010 Wynn considered moving his corporate headquarters from Las Vegas to the Chinese Special Administrative Region before abandoning the idea. Today, Macau is in a free-fall and it’s taking Wynn Resorts along for the ride.
The casino industry and its allies on Capitol Hill have mounted a late push to persuade the Internal Revenue Service to back away from a proposal that would require winners of $600 jackpots to be reported to the tax man.