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Nevada governor raised nearly $3.4M in 2024 for re-election campaign

Updated January 20, 2025 - 3:31 pm

Republican Gov. Joe Lombardo has raised almost $3.4 million in the past year, building up a significant war chest for his re-election campaign, according to campaign filing reports.

Lombardo also reported $5.5 million cash on hand as the governor prepares for the next legislative session and his re-election effort in 2026.

His political action committee, Nevada Way PAC, has an estimated $3 million cash-on-hand, as well, according to financial reports.

It’s a considerable amount for a sitting governor at this point in a re-election campaign. At the end of 2020, former governor Steve Sisolak, a Democrat, reported raising $2.4 million with $4.5 million cash-on-hand.

Lombardo submitted his campaign finance reports on Jan. 13, two days before his second State of the State address, where he called for making teacher raises permanent and investing $1 billion toward new housing in advance of the Nevada Legislature’s 2025 session that starts Feb. 3.

Dozens of resort industry sources contributed to Lombardo’s campaign efforts, records for the candidate show. Multiple contributions came from various entities linked to MGM Resorts International, Caesars Entertainment, The Venetian, Marnell Gaming, Golden Entertainment, Treasure Island and its owner Phil Ruffin, and Fontainebleau, among others.

PACs can accept donations of up to $100,000 while individual candidates are limited to $10,000, or $5,000 per election. The Nevada Way PAC received six-figure donations from three sources in the fourth quarter of 2024: Citizens for Justice, a Nevada political action committee representing trial lawyers’ interests; Fuji Food Products Inc., of Santa Fe Springs, California; and Leading Builders of America of Atlanta, Georgia.

Nevada Way PAC also received a $7,500 contribution from Warner Bros. Discovery, a media conglomerate expected to lobby to expand Nevada’s film tax credit program.

Other state lawmakers and officials filed their campaign finance disclosures by the Jan. 15 deadline. Speaker Steve Yeager, a Democrat, reported raising about $691,000 in 2024; his campaign fund ended the year with about $403,000 cash-on-hand, according to his Jan. 14 filing.

Senate Majority Leader Nicole Cannizzaro raised nearly $919,000 in 2024, according to her Jan. 15 filing. Her campaign fund ended the year with about $412,000 cash-on-hand.

Attorney General Aaron Ford, a Democrat, is expected to run for governor in 2026. His 2024 annual campaign filing, submitted on Jan. 15, indicates he raised about $537,000 and ended the year with roughly $440,000 cash-on-hand.

Contact McKenna Ross at mross@reviewjournal.com. Follow @mckenna_ross_ on X.

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