Shockingly, the Nevada Resort Association Is Fighting a Tax Initiative on Nevada Resorts

Last Wednesday the Nevada Resort Association filed a lawsuit in Carson City to block a proposed initiative that would increase the highest tier of gambling taxes in Nevada from 6.75% to 9%. The Las Vegas Sun reported that the lawsuit alleges,

It utterly fails to inform voters of the breadth of these changes or the character and nature of existing taxes and fees, much less accurately describe its intended purposes and consequences….

The Nevada Resort Association represents the largest casinos in Nevada–the casinos that would be hit with the increased tax should this initiative pass.

The initiative process in Nevada is quite different from California. First, signatures must be collected (just over 73,000 by November 13th). Then, the initiative is presented to the state legislature during their 2013 session. If the measure fails in the legislature, it would then appear on the November 2014 ballot.

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