Complex transactions without transfer taxes frequently cite an exemption allowed under state law for entities that transfer property to a subsidiary.
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The Nevada Gaming Commission gave unanimous final approval Thursday to MGM Resorts International’s plan to buy The Cosmopolitan of Las Vegas for $5.65 billion.
Occupancy rates at Las Vegas resorts are rising to nearly normal levels while the average daily room rate has soared past last year’s rates and those from 2019.
Clark County and downtown Las Vegas smashed previous gaming win records and players bet — and lost — at the highest level ever for slot machine play statewide in March.
The Nevada Supreme Court has reversed a decision by a Clark County District Court judge that said state gaming regulators no longer have jurisdiction over former casino executive Steve Wynn.
Experts say there are many hurdles to clear to improve the integrity of esports against match-fixers, cheaters and doping before betting on games should expand.
The Nevada Gaming Control Board’s esports advisory committee tapped Ubisoft’s senior director of esports and industry veteran, Che Chou, as its eighth member.
The San Manuel Band of Mission Indians is expected to close on the $650 million deal with Station Casinos’ parent company, Red Rock Resorts, on Friday.
Records continue to fall for the amount of money casinos won from players with another month in excess of $1 billion with the Strip making a strong contribution.
Jennifer Togliatti will bring 25 years of legal experience as a deputy district attorney, a justice of the peace and a District Court judge when she joins the Gaming Commission as its first woman chair.