No one on the Strip is happier to see 2008 end more than Sheldon Adelson. The past 12 months have not been the best of times for the 75-year-old billionaire chairman and CEO of Las Vegas Sands Corp.
If the business community thinks it will have an easier ride in the upcoming legislative session following the retirement of Terry Lanni, they are sorely mistaken.
Nevada is not alone. A recent study by the Washington, D.C.-based Center on Budget and Policy Priorities found that 41 states have faced or are facing budget shortfalls this year or next.