gaming

By Nevada News Bureau
CARSON CITY – Nevada is projected to lose more than 50,000 residents by 2014 because of the ongoing state economic slump, state Demographer Jeff Hardcastle said today.
The short term projections are bleak under either of two models developed by Hardcastle to forecast Nevada’s population growth through 2030.

By Sean Whaley / Nevada News Bureau
CARSON CITY – The neighborhoods of this capital city and the Washoe Valley just to the north are ground zero for one of the most fiercely contested state legislative races in Nevada this year.
Potentially at stake is the makeup of the 42-member Assembly and whether Democrats can sustain their dominance of the lower house with a 28-member, veto-proof majority.

Nevada's statewide gaming win shot up 11.51 percent in August compared to the prior year, according to the Gaming Control Board report out today.

The Las Vegas Strip — the state's most profitable gaming area — did great business in August, with a 21 percent increase over prior year. That offset loses in other areas of the state, such as Washoe and Elko counties.

The Carson Valley area that includes Carson City saw an increase of 7.73 percent. South Lake Tahoe's win increased by 7.2 percent.

Offsite Data Depot Adds Secure, Climate-Controlled Vault Storage to Roster of Services for Northern Nevada Businesses

Nevada News Bureau staff
CARSON CITY – An effort to change Nevada state law to expand the ability to raise money through charitable lotteries is having a tough time gaining support, the sponsor of the proposal said today.

Nevada's gaming win was down 4.93 percent statewide in July, compared with the same period last year, according to numbers released today by the Gaming Control Board.

The Carson Valley area that includes Carson City was down 4.12 percent. The only two areas in the state that posted gains were North Lake Tahoe and Mesquite. The biggest losers were North Las Vegas (-23.56 percent) and Downtown Las Vegas (-19.26 percent). The Las Vegas Strip took in almost exactly the same amount as in July 2009.

There is an interesting discussion going on over at the Nevada Appeal site concerning the Nugget Project.

The story begins two week ago when Guy Farmer wrote a rather harsh column that slammed the Nugget Project. In response, last week there was a guest column by Michael Douglass criticizing Farmer's take on the subject.

Sean Whaley / Nevada News Bureau
Underdog Democratic candidate for governor Rory Reid took the opportunity at a first debate today with leading GOP candidate Brian Sandoval to challenge his opponent’s commitment to spending on public education.

By Sean Whaley / Nevada News Bureau
CARSON CITY – Nevada budget guru Guy Hobbs said Wednesday expanding the sales tax to encompass services is “not a bad place to start� in the effort to broaden the state’s tax base.
“Sixty percent of our economy is services, not a bad place to start,� he said. “A lot of those services are discretionary services, certainly not a bad place to start.�

CARSON CITY – Half a dozen former employees of a Las Vegas-based gaming company laid off last year say they are still owed about $500,000 in severance pay and other compensation even as the firm continues to receive financial support from high profile investors, including the brother of President Obama’s chief of staff.
One of the former TableMAX Gaming employees, Tyson Wrensch, said efforts to contact current company officials to resolve the compensation issue have not produced any results so far.

AUSTIN, Nev. — It’s not often you’ll find a classic historic mining town full of options for the more active traveler. Austin, Nevada is not only a living ghost town and a cultural heritage get-away but it has a multitude of adventurous options including hiking, mountain bike trails and more. Founded in 1862 during the silver rush, the town is located exactly in the center of the state along the Pony Express route on Highway 50 on the western slopes of the Toiyabe Range at elevation 6,605 feet.

The Carson Valley region, which includes Carson City, and the Stateline casino corridor at South Shore Lake Tahoe were the only two regions in Nevada that saw an increase rather than a decrease in gaming revenue for the month of June, the state's gaming control board reported today.
The casinos in the Carson City and Carson Valley area climbed by 5.1 percent over the fiscal year for June, followed by the Tahoe casinos, which jumped to 13.5 percent.

Sean Whaley / Nevada News Bureau
CARSON CITY – Nevada could find a way out of its $3 billion revenue shortfall next year without raising taxes, but only if the Legislature looks at restructuring the way the state and local governments provide and pay for services, the state’s top fiscal officer said yesterday.

Ely, Nev. – The Nevada Northern Railway is not your usual traditional museum with stationary buildings, equipment and trains that may not even tie to the history of the area.

By Sean Whaley / Nevada News Bureau
CARSON CITY – State governments across the country are facing budget deficits and a tough economy right now, but failure to get a handle on long-term liabilities, from unfunded pensions to subsidized health care for retired workers, could jeopardize any recovery, a fiscal expert said today.

By Sean Whaley / Nevada News Bureau
CARSON CITY – State Budget Director Andrew Clinger yesterday painted a bleak picture of Nevada’s next two-year spending plan, saying under current tax and spending levels every single program and agency except for education would have to be eliminated to balance the budget.

CARSON CITY – Nevadans who are eligible to have their jobless benefits reactivated can expect letters by next week with instructions, the Nevada Department of Employment, Training & Rehabilitation (DETR) said today.
The agency began mailing letters Thursday to individuals whose Emergency Unemployment Compensation (EUC) claims are being reinstated following action by Congress last week to extend federal unemployment benefits through November.

CARSON CITY – The major funding gaps Nevada and other states have been forced to address in their current budgets will continue in the next cycle even as tax revenues finally begin to show signs of life, a national report released today says.
Signs of “delicate” revenue improvement will be offset by the loss of federal stimulus funds, posing ongoing challenges to lawmakers in 2011 and beyond, says the report from the National Conference of State Legislatures’ (NCSL).

At least one Carson City School District official is troubled by the outcome of Friday's misdemeanor driving under the influence guilty plea by Carson Middle School Principal Sam Santillo.
School board trustee president Norm Scoggin said he's "amazed" that a misdemeanor charge of possession of less than an ounce of marijuana was dropped by the Washoe County District Attorney's Office.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.

CARSON CITY – Nevada State Budget Director Andrew Clinger said today he expects the current two-year budget to end up next June 30 with about $100 million more in tax revenues than projected in January.
While there are increased costs to the state that will offset that optimistic assessment, the higher than anticipated tax revenues should help carry the state forward into the 2011 legislative session in February without the need for any further budget cuts, he said.