It was the latest high-priced deal in Las Vegas that did not produce transfer tax revenue that supports schools and low-income housing in Nevada.
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Las Vegas has seen numerous lucrative sales involving casinos, land and other sites mostly on or near the Strip that did not produce a dime in such revenue.
The Clark County Commission gave the green light to acquire 17 acres near the Diamond Inn Motel and the Little Church of the West wedding chapel.
Nevada business leaders spoke out against a proposed increase in the state’s unemployment insurance tax during a virtual meeting Friday morning hosted by two state agencies.