CARSON CITY — Tesla is set to receive $330 million in tax abatements over the next 20 years after members of a state workforce development board approved the electric carmaker’s proposal Thursday … [Read more...] about State OKs $330M in Tesla tax breaks
Business
Las Vegas OKs marijuana lounge regulations
The years-long vision of cannabis consumption lounges within Las Vegas came a step closer to reality Wednesday after the City Council approved regulations for the establishments. But after a … [Read more...] about Las Vegas OKs marijuana lounge regulations
Mercedes-Benz first to bring autonomous tech to Nevada’s roads
Thanks to Nevada, luxury automaker Mercedes-Benz became the first car company in the U.S. to receive a certification for a Level Three autonomous vehicle, which allows a car to operate itself under … [Read more...] about Mercedes-Benz first to bring autonomous tech to Nevada’s roads
Not every casino boss in Las Vegas wants to sell, lease back resort
Selling a casino to a landlord for a mountain of cash sounds pretty tempting. There are also some big strings attached — and not every hotel boss in Las Vegas is interested right now. Executives … [Read more...] about Not every casino boss in Las Vegas wants to sell, lease back resort
Nevada’s real estate transfer tax could climb — but many big sales don’t generate any
From Bellagio and The Cosmopolitan of Las Vegas to the Rio, Palms and beyond, numerous Las Vegas properties sold for huge sums without producing a dime of real estate transfer taxes. The result is … [Read more...] about Nevada’s real estate transfer tax could climb — but many big sales don’t generate any