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Nevada Raises Room Tax Rather Than Casino Gaming Tax
LAS VEGAS, NEVADA --
Nevada state legislators voted to raise hotel room taxes by three percent to help fund the state budget. The increased tax on hotels comes instead of a proposal to raise the state gambling tax, a move fought ferociously by the casino industry.
Room taxes are passed along to the visitor, who might not even be aware of the charge until checkout. Rates quoted typically do not include tax, so casino resorts do not expect even the tiniest of backlashes against the additional fees.
An increase in the tax on casino gambling, however, would prove hard for the industry to pass along. It is difficult for casinos to find a way to pass the tax along, as losing percentages remain the same against overall amount wagered.
Both ideas were promoted by the Nevada State Education Association. Both had a swell of public support. But casinos much preferred the room tax, and so a room tax it shall be.
Nevada casinos currently enjoy the lowest gaming tax in the country, paying only nine percent of gaming income to state revenue collectors. States such as Florida tax gambling as much as fifty percent.
Wynn Resort representatives admitted they supported the room tax in return for the teachers' union dropping its request for a three percent gaming tax hike.
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