Gaming Archives - Nevada Globe

Strike Three? Oakland Mayor calls Las Vegas a ‘gross desert’

April 7, 2022 2:57 pmApril 8, 2022 12:36 pm

It’s safe to assume that Oakland Mayor Libby Schaaf won’t be booking a flight to Las Vegas anytime soon. During an interview with ABC 7, Mayor Schaaf got a little foul when commenting about the Oakland A’s potential move to Las Vegas, telling the morning anchors, “You’ve got to be...

Bipartisan Jackpot! Bill Seeks to Raise Slot Jackpot Tax Reporting to $5,000

March 7, 2022 11:53 amMarch 8, 2022 2:58 pm

In an era of political polarization and record inflation, a bipartisan bill is about as elusive as a royal flush. Since 1977, the IRS has been taxing slot jackpots of $1200 and more at 37%, an amount that has not been adjusted for inflation in 45 years. A bipartisan group...

Daily Beast Story Swipes at Rep. Susie Lee and GOP Candidate April Becker

December 10, 2021 7:15 amDecember 11, 2021 12:29 pm

In a passive-aggressive report from The Daily Beast, the PPP loans taken by numerous politicians—namely Rep. Susie Lee (D-NV) and her leading challenger, April Becker—are causing The Beast some concern. Alluding to taxpayer protection, The Beast claims that these loans should not be forgiven, but paid in full to protect...

Large Real Estate Sales Beg the Question: What is the Future of Gambling in Las Vegas?

October 25, 2021 1:15 pmOctober 27, 2021 6:08 pm

Private equity firm Blackstone is selling The Cosmopolitan’s luxury casino and hotel operations to MGM Resorts International for $1.65 billion. MGM Resorts International properties include The Mirage, The Bellagio, New York-New York and Mandalay Bay. The Cosmopolitan’s real estate assets were also sold to the Cherng Family Trust, Stonepeak Partners...