Education
Local Jurisdictions
$101 M
Tourism
& Convention Centers
General Fund
$1.4 B
Transportation
$219 M
$228 M
$72 M
Nevada Resort Association | 50 Years Focusing on Our Community
2015 Nevada Gaming Fact Book
A letter from the Nevada Resort Association
The Nevada Resort Association (NRA) was established
in 1965 to be the primary voice of Nevada’s emerging
gaming and resort industry. Today, that once emerging
industry is the state’s largest, supporting more jobs,
paying more in wages and benefits, and contributing
more in business receipts than any other sector of the
state’s economy.
People tend to associate Nevada’s gaming and resort
industry with the energy and excitement of the Las
Vegas Strip, with the 53 million travelers who visit
Nevada each year, or with some of the nation’s
largest and most coveted conventions, tradeshows
and special events. While the industry has invested
more than $45 billion in the assets most commonly
associated with resorts, gaming and tourism; the role
the industry plays in the state of Nevada extends well
beyond this frontline infrastructure.
There are 263 non-restricted gaming licensees in
Nevada, a mere fraction of the 74,500 businesses
that call Nevada home. These 263 gaming businesses,
however, directly account for 180,000 employees
and more than $23 billion in total business receipts.
Those same businesses pay their employees $5.4
billion annually in wages and salaries. These wages
are spent in neighborhood grocery stores, movie
theaters and restaurants, supporting additional
employment, wages and output in every corner of
Nevada’s economy. Moreover, the industry also pays
$1.5 billion a year in employee benefits – more than
any other industry – supporting health and wellness
within businesses of all kinds. This “ripple effect” is
easily overlooked, but every time a hotel employee
buys a car, pays their mortgage or buys a holiday gift
that spending is made possible because a visitor chose
to get on a plane or in a car and come to Nevada.
Nevada’s 263 non-restricted gaming licensees also
utilize thousands of vendors, the vast majority of which
are located in Nevada. The industry buys everything
from concrete to casino chips from local companies,
whose employees, wages and business receipts are
sourced, at least in part, to the gaming industry’s
continued investment. Today, there are more than $9
billion in tourism-related projects planned or currently
underway, bolstering demand for construction goods
and services and giving visitors a new reason to come
back to Nevada.
When we think about the things that make our
community work, we think of services like police and
fire protection, schools and universities, roads, parks
and jails. The gaming and resort industry is the largest
taxpayer in the state by a significant margin, paying all
of the taxes imposed on businesses generally, as well
as $1.5 billion in industry-specific taxes like gaming
fees, room taxes and live entertainment taxes. Nevada
residents and businesses pay some of the lowest
taxes in the nation, because resort hotels and visitors
generate more state and local tax revenue in Nevada
than almost anywhere in the country.
Since the NRA’s inception nearly 50 years ago, the
industry has always been at the table working with
lawmakers and other community leaders to make
Nevada a stronger state. We have paid in, and we
have put in. Last year alone, the industry contributed
over $22.6 million and tens of thousands of volunteer
hours to charitable activities.
We are proud of our industry and our employees. We
are proud to call Nevada our home. Finally, we are
honored to share a few facts about who we are and
what we do in this year’s Nevada Resort Association
Fact Book.
Corey Sanders, Chair
Virginia Valentine, President
Table of Contents
State of the Industry........................................ 2
›› Summary 2
›› Investments 4
Economic Impacts
of the Hospitality Industry
........................................ 6
›› Employment 6
›› Ripple Effects 8
›› Wages, Salaries and Benefits 11
Fiscal Impacts
of the Hospitality Industry........................................13
›› Industry Specific Taxes 13
›› Other Tax Contributions 15
›› Room Tax Overview 18
*The dollar amounts included in the
cover illustration represent many of
the tourism industry’s contributions to
Nevada in the form of taxes generated
in fiscal year 2014. Contributions to
education, transportation, tourism and
local jurisdictions represent specific
components of the transient lodging
tax, while the Nevada General Fund
contribution includes other industryspecific and non-industry-specific taxes
and fees paid. Throughout the 2015
Nevada Gaming Fact Book, fiscal year
(FY) 2014 generally refers to the period
beginning July 1, 2013 and ending June
30, 2014.
Social and Environmental Impacts
of Nevada’s Tourism Industry..................................20
2015 Nevada Gaming Fact Book
Table of Contents
1
State of the Industry
Summary
N
evada’s hospitality industry has made great strides
since the Great Recession, but it has yet to reach back
to peak performance levels in a number of areas. While
hotel room nights occupied reached a record high of 57.0 million in
››
The state welcomed roughly 52.8 million visitors in
fiscal year 2014, up 1.5 percent from the prior year.
››
There are more than 194,000 hotel rooms in the state
of Nevada.
››
Vehicle traffic entering Nevada increased 5.3 percent
in the latest period, while airport passenger counts
increased a more modest 1.0 percent.
››
Convention attendance remains down 21 percent from
the peak, but it reported a gain of 4.0 percent in the
past year.
››
Nevada reported $11.2 billion in gross gaming revenue
in fiscal year 2014, up 2.9 percent from a year ago but
down 11.9 percent from the peak.
››
For the fifth straight year, hotel-casinos in Nevada have
reported a net loss before federal income taxes and
extraordinary items (-$1.3 billion in 2013).
fiscal year 2014, other major indicators remain well below their prerecession highs. In addition, the industry has witnessed significant
changes in the past 20 years as casino gaming continues to make up
a smaller share of total revenue reported by resort hotel-casinos in
the state (45 percent in 2013 vs. 61 percent in 1993) and increasingly
more emphasis is placed on non-gaming amenities, such as shopping,
dining and entertainment. Additional key performance metrics are
noted to the right:
Revenue Distribution by Department
7.5%
5.6%
11.8%
13.9%
61.1%
FY '93
Rooms
Food
Other
Beverage
10.9%
5.5%
13.6%
18.6%
51.5%
FY '03
12.0%
7.2%
15.0%
20.8%
45.1%
FY '13
Source: Nevada Gaming Control Board, Gaming Abstract.
Billions
Gaming
Net Income (Loss) Before Federal Income Taxes
and Extraordinary Items
$3
$2
$1
$0
-$1
-$2
-$3
-$4
-$5
-$6
-$7
-$8
-$6.8 B
$2.3 B
FY '07
-$3.4 B
-$4.0 B
-$1.2 B
-$1.3 B
FY '10
FY '11
FY '12
FY '13
$0.7 B
FY '08
FY '09
Source: Nevada Gaming Control Board, Gaming Abstract.
GAMING CONTINUES TO MAKE UP A SMALLER SHARE OF TOTAL HOTEL-CASINO REVENUE
TOTAL REVENUE
in Nevada
2
State of the Industry [Summary]
1993
61% GAMING
2013
45% GAMING
2015 Nevada Gaming Fact Book
Selected Industry Indicators
Indicators
Present (FY '14)
Prior Year (FY '13)
Peak
Peak Year
Prior Year to
Present
Peak to Present
Visitor Volume
52,839,229
52,058,741
54,498,885
FY '07
-3.0%
▼
1.5%
▲
Airport Volume
46,100,735
45,665,931
52,988,031
FY '07
-13.0%
▼
1.0%
▲
Vehicle Traffic Volume (Entering Nevada)
29,315,359
27,840,768
29,688,427
FY '08
-1.3%
▼
5.3%
▲
5,817,567
5,593,855
7,359,902
FY '07
-21.0%
▼
4.0%
▲
Convention Attendance
80.5%
79.4%
85.2%
FY '07
-4.8%
▼
1.1%
▲
57,044,803
56,400,224
57,044,803
FY '14
0.0%
u
1.1%
▲
Hotel Room Inventory
194,227
194,708
194,798
FY '12
-0.3%
▼
-0.2%
▼
Average Daily Room Rate
$112.58
$107.96
$124.84
FY '08
-9.8%
▼
4.3%
▲
Gross Gaming Revenue (in millions)
$11,227
$10,906
$12,739
FY '07
-11.9%
▼
2.9%
▲
Hotel Occupancy Rate
Hotel Room Nights Occupied
Source: Nevada Commission on Tourism, Discover the Facts; Nevada Gaming Control Board; Las Vegas Convention and Visitors Authority (LVCVA); Reno-Sparks Convention and Visitors Authority (RSCVA) and
Applied Analysis.
Average Daily Room Rate
Visitor Volume Trailing 12-Month Totals
Millions
56
54
52
50
48
46
$120
$80
$40
'07
'08
'09
'10
'11
'12
'13
Gross Gaming Revenue Billions
Trailing 12-Month Averages
86%
$13
82%
$11
78%
$9
74%
'07
'08
'09
'10
'11
'12
'13
'14
'07
'08
'09
'10
'11
'12
'13
'14
'12
'13
'14
Trailing 12-Month Totals
Millions
Trailing 12-Month Totals
Millions
70%
Hotel Room Nights Occupied Airport Volume 55
50
45
40
35
30
FY '07 FY '08 FY '09 FY '10 FY '11 FY '12 FY '13 FY '14
Hotel Occupancy Rate Trailing 12-Month Totals
$7
$0
'14
57
55
53
51
'07
'08
'09
'10
'11
'12
2015 Nevada Gaming Fact Book
'13
'14
49
'07
'08
'09
'10
'11
State of the Industry [Summary]
3
State of the Industry
Investments
T
he tourism industry has invested nearly $40 billion during
Total Value of Fixed Assets FY 1990 – FY 2013
the past two decades in fixed assets alone, with cumulative
investments now totaling more than $45 billion. Numerous
$60
projects totaling more than $9.1 billion are currently under
2013
$45.2 B
$50
construction or planned throughout the state with completions
$40
Billions
expected over the next several years. As the industry continues to
evolve, current developments have become much more diverse,
$30
with more emphasis placed on retail and entertainment venues
$20
as opposed to casino-centric resorts. Nevertheless, the increased
$10
development in the tourism industry is expected to continue to boost
$0
employment in the state, particularly the hard-hit construction
'91 '93 '95 '97 '99 '01 '03 '05 '07 '09 '11 '13
Source: Nevada Gaming Control Board, Gaming Abstract.
sector, which added nearly 7,000 jobs in fiscal year 2014.
Nevada Annual Employment Growth vs. Resort Openings
Hard Rock
Silver Legacy
Monte Carlo
New York-New York
Stratosphere
100
Mirage
Excaliber
THEhotel
Wynn
Red Rock
Palazzo
Aliante
Encore
M Resort
CityCenter
Cosmopolitan
Thousands
50
0
Luxor
MGM Grand
Treasure Island
-50
Bellagio
Mandalay Bay
Venetian
Paris
Aladdin
Siena
-100
-150
‘91
‘92
‘93
‘94
‘95
‘96
‘97
‘98
‘99
‘00
‘01
The Cromwell [a]
SLS Las Vegas
Delano [b]
‘02
‘03
‘04
‘05
‘06
‘07
‘08
‘09
‘10
‘11
‘12
‘13
‘14
[a] Rebrand of Bill’s Gamblin’ Hall.
[b] Rebrand of THEhotel.
Source: Nevada Department of Employment, Training and Rehabilitation; LVCVA and third-party media sources.
4
State of the Industry [Investments]
2015 Nevada Gaming Fact Book
Industry Investment is a Key Driver of Construction Jobs
The level of anticipated investment within Nevada’s
tourism industry is significant. As of the date of
this publication, more than $9 billion of underconstruction and planned projects remain in the
development pipeline within the resort and gaming
industries. While the timing and extent of these
projects is likely to evolve over time, the employment
implications for the construction industry are
substantial. Utilizing industry-standard multipliers,1
the investments noted above are expected to support
in excess of 50,000 direct person-years of employment
within the construction sector.2 When indirect and
induced impacts are considered, the total employment
impact rises to more than 97,000 person-years of
employment. This all-inclusive impact estimate
also includes jobs sourced to vendor purchases and
employee spending within the local community. In
addition to the employment impacts, personal income
would be expected to rise by $3.6 billion from direct
employment, while the total wages (including indirect
and induced wages) are estimated to increase by $5.8
billion, assuming all of the investments move forward.
Nevada Current and Planned Tourism Developments
Cost [a]
Status [b]
Estimated Completion
Date [a]
Resorts World Las Vegas
$4,000,000,000
Planned
Fall 2017 (Phase I)
LVCVA Global Business District
$2,500,000,000
Planned
8-10 years
All Net Resort/Arena (former Wet n’ Wild)
$1,400,000,000
Planned
Early 2017
MGM Resorts International/AEG Arena
$375,000,000
Under Construction
Spring 2016
The Linq Hotel & Casino (Rebrand of The Quad)
$223,000,000
Under Construction
Fall 2014
Wyndham Desert Blue
$172,000,000
Under Construction
Fall 2014
MGM Resorts International Entertainment District
$100,000,000
Under Construction
Spring 2016
Shops at Tropicana
Project [a]
$100,000,000
Planned
Fall 2015
Mandalay Bay Convention Center Expansion
$66,000,000
Planned
January 2016
Hard Rock Lake Tahoe (Rebrand of Horizon Hotel)
$60,000,000
Under Construction
January 2015
Bally’s Grand Bazaar Shops
$50,000,000
Under Construction
Fall 2014
Red Rock Resort Remodel
$35,000,000
Under Construction
December 2014
Green Valley Ranch Resort Remodel
$20,000,000
Under Construction
Spring 2015
Treasure Island Entertainment Retail Venue
$N/A
Under Construction
November 2014 (Phase 1)
Fashion Show Mall Expansion
$N/A
Planned
Winter 2015
Las Vegas Premium Outlets North Expansion
$N/A
Under Construction
May 2015
MGM Resorts International Outdoor Event Venue
$N/A
Under Construction
Spring 2015
Crown Resorts’ Hotel-Casino Project (former Frontier)
$N/A
Planned
N/A
TOTAL
$9,101,000,000
[a] Project list, cost estimates and estimated completion dates are sourced to LVCVA and other third-party media sources. [b] Status as of October 31, 2014.
1
To estimate the direct, indirect and induced employment impacts, Applied Analysis utilized a nationally recognized software application to estimate the overall economic impacts (IMPLAN).
2
person-year of employment is equivalent to one person employed full time for an entire year. For example, assuming the investments span an average development timeline of 5 years, the resulting impact
A
would be 10,000 construction positions each year for a five-year period, or 50,000 person-years of employment.
2015 Nevada Gaming Fact Book
State of the Industry [Investments]
5
Economic Impacts of the Hospitality Industry
Employment
B
y the end of fiscal year 2014, 1.2 million people were employed in Nevada, which represents an increase of 41,400
jobs when compared to the prior year. The state’s unemployment rate has fallen from a peak of 14.1 percent to
7.8 percent at the end of fiscal year 2014. While this rate remained well above the national average of 6.3 percent,
Nevada’s rate of decline (in unemployment rate) has been among the nation’s highest during the past 12 months.
Nevada Leisure and Hospitality Employment Leisure and hospitality is by far the state’s largest employment sector.
With 337,700 employees, it is the state’s largest employment sector,
accounting for roughly 27.7 percent of the total workforce and 31.5
percent of private employment. In addition, hotel-casinos make up 12 of
the 20 largest employers in the state, with seven of the remaining eight
sourced to government entities. Notably, only one private employer
outside of the hotel-casino industry is included on the top 20 list.
Trailing 12-Month Averages
350
340
Thousands
330
When contrasted against national averages, Nevada’s dependence on
the tourism industry becomes apparent. Nearly every employment
sector in Nevada (excluding leisure and hospitality, mining and
construction) reports a lower share of employment as a percentage
of the total workforce than the national average. The leisure and
hospitality sector accounts for 10.9 percent of the nation’s workforce,
which is 16.8 percentage points lower than the share reported in
Nevada. In addition, employment at hotel-casinos account for just 0.2
percent of total employment in the United States. In Nevada, that share
grows to more than 15 percent.
320
310
300
290
280
270
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: Nevada Department of Employment, Training and Rehabilitation.
Leisure & Hospitality
27.7%
Nevada Hotel-Casino Employment of total employment
Trailing 12-Month Averages
210
205
200
Total
Employment
Nevada
Thousands
195
190
185
180
175
170
Hotel-Casino
165
160
'03
'04
'05
'06
'07
'08
Source: Nevada Department of Employment, Training and Rehabilitation.
6
Economic Impacts [Employment]
'09
'10
'11
'12
'13
'14
15.1%
of total employment
2015 Nevada Gaming Fact Book
Nevada’s Largest Employers Nevada Employment (Ranked by number of employees as of 2nd Quarter 2014)
by Sector
Rank Company
Size Class
Ownership
County
30,000 - 39,999
Local Government
Clark
Washoe County School District
8,500 - 8,999
Local Government
Washoe
Clark County
8,500 - 8,999
Local Government
Clark
4
MGM Grand Hotel/Casino
8,000 - 8,499
Private
Clark
5
Bellagio
8,000 - 8,499
Private
Clark
6
Wynn Las Vegas
8,000 - 8,499
Private
Clark
7
Aria Resort & Casino
7,500 - 7,999
Private
Clark
8
Mandalay Bay Resort and Casino
7,000 - 7,499
Private
Clark
9
Caesars Palace
6,000 - 6,499
Private
Clark
10
University of Nevada Las Vegas
5,000 - 5,499
State Government
Clark
11
Las Vegas Metropolitan Police
4,500 - 4,999
Local Government
Clark
12
The Venetian Casino Resort
4,500 - 4,999
Private
Clark
13
The Mirage Casino Hotel
4,500 - 4,999
Private
Clark
1
Clark County School District
2
3
14
University of Nevada Reno
4,000 - 4,499
State Government
Washoe
15
The Cosmopolitan of Las Vegas
4,000 - 4,499
Private
Clark
16
The Palazzo Casino Resort
3,500 - 3,999
Private
Clark
17
University Medical Center
3,500 - 3,999
Local Government
Clark
18
Encore Las Vegas
3,000 - 3,499
Private
Clark
19
Luxor Hotel and Casino
3,000 - 3,499
Private
Clark
20
Southwest Airlines Co.
3,000 - 3,499
Private
Clark
n Leisure & Hospitality
27.7%
18.7%
n Government12.2%
n Prof. & Business Services
13.3%
n Edu. & Health Services
9.6%
n Construction5.3%
n Financial Activities
4.7%
n Manufacturing3.4%
n Other Services
2.9%
n Natural Resources & Mining 1.3%
n Information1.1%
n Trade, Transp. & Utilities
Source: Nevada Department of Employment,
Training and Rehabilitation.
U.S. Employment by Sector
Source: Nevada Department of Employment, Training and Rehabilitation and Applied Analysis.
20 Largest Employers in Clark County
Gaming Industry
Government
Other Private
n Trade, Transp. & Utilities
18.9%
n Government15.6%
n Edu. & Health Services
15.2%
13.8%
n Leisure & Hospitality
10.9%
n Manufacturing8.7%
n Financial Activities
5.7%
n Construction4.4%
n Other Services
4.0%
n Information1.9%
n Natural Resources & Mining 0.7%
n Prof. & Business Services
Source: United States Bureau of Labor Statistics.
2015 Nevada Gaming Fact Book
Economic Impacts [Employment]
7
Economic Impacts of the Hospitality Industry
Ripple Effects
M
uch of the recent improvement in the Nevada
economy is being driven by expansions in the leisure
and hospitality industry. The leisure and hospitality
industry continues to be one of the fastest growing employment
Nevada Employment Growth by Sector Last 12 Months
10,200
Leisure & Hospitality
Trade, Transport. & Utilities
sectors in Nevada. In the past five years, the sector has added nearly
6,900
Construction
6,900
27,000 jobs, with more than 10,000 positions added in the past 12
Education & Health Services
months alone. Naturally, the “leisure and hospitality” industry in
Manufacturing
1,100
Nevada caters to both residents and tourists. Narrowing the focus
Other Services
1,000
to the share supported by tourists (i.e., direct visitor spending),
Financial Activities
600
Natural Resources & Mining
-200
Information
-900
Government
-1,000
an estimated $31.5 billion in visitor spending in 2013 supported
approximately 252,000 tourism workers.1
The Nevada resort industry’s economic impacts are even greater when considering
its indirect effects. Indirect, or secondary, impacts are often referred to as the
“ripple” effect, respecting the reality that an industry’s impact reaches beyond just
those workers showing up to a company’s worksite. Suppliers of goods and services
providing everything from food to uniforms and casino chips to bathroom soap create
jobs and economic activity. Many of these suppliers are based in southern Nevada,
keeping those dollars in the region and stimulating job growth in other sectors of
the economy. The effects of industry suppliers and vendors are commonly referred
to as indirect impacts; in Nevada, the resort industry supports nearly 88,000 indirect
jobs paying $3.3 billion in wages and salaries; total indirect economic output was
estimated at $9.8 billion in 2013.
Employees supported by visitor spending also spend money in the local economy;
these effects are commonly referred to as induced impacts. For example, a casino
employee may take her pay and spend it at the local grocery store, at a doctor’s
appointment or at the local movie theater. In 2013, spending by Nevada resort
industry employees supported 92,500 jobs paying $3.1 billion in wages and salaries,
while induced economic output was estimated at $10.7 billion.
1
T he estimated economic impact figures (including direct, indirect and induced impacts) presented
in this section are generally reflective of the impacts of the Nevada resort tourism industry; they do
not include the impacts of rural Nevada tourism. (Source: Applied Analysis)
Economic Impacts [Ripple Effects]
5,500
+41,400
Net Growth:
Source: Nevada Department of Employment, Training and Rehabilitation.
Note: Growth represents end of FY ‘14 vs. end of FY ‘13.
Nevada Employment Growth by Sector Past 5 Years
Prof. & Business Services
27,500
Leisure & Hospitality
26,800
18,700
Education & Health Services
15,600
Trade, Transport. & Utilities
Natural Resources & Mining
3,400
Manufacturing
2,000
Financial Activities
1,800
Other Services
Overall, the total economic impact of Nevada’s resort tourism industry (including
direct, indirect and induced impacts) is estimated at $52.0 billion, supporting
432,000 jobs and generating $16.3 billion in wage and salary payments.
8
11,300
Prof. & Business Services
Net Growth:
700
Information
-200
Government
-7,700
Construction
-17,500
+71,100
Source: Nevada Department of Employment, Training and Rehabilitation.
Note: Growth represents end of FY ‘14 vs. end of FY ‘09.
2015 Nevada Gaming Fact Book
Estimated Indirect Impacts of the Nevada Tourism Industry
1
THE IMPACTS OF VENDORS AND SUPPLIERS TO THE NEVADA RESORT INDUSTRY
Las Vegas Convention Printing Waste Management
Southland Industries
TOTAL JOBS:
88,000
WAGES & SALARIES:
$3.3 B
INDIRECT ECONOMIC
OUTPUT:
$9.8 B
New West Distributing
Liberty Dental Plan of Nevada
Nedco Supply Electrical Wholesaler
Hospitality Renovation Services
Las Vegas Towel & Tissue
Get Fresh
Desert Gold
C&M Food
State Restaurant Equipment
Bakemark
IGT
R&R Partners
Franco French
Par 3 Landscape Maintenance
Sunkist Graphics Damon Industries
Cox Communications
Bonanza Produce Model Dairy
Kiesub Electronics Bair Distributing
Sysco Food Services
Otis Elevator
Gensler
Source: Applied Analysis.
Turney Development
Southern Wine & Spirits
Desert Meats and Provisions
TOTAL IN-STATE
VENDORS UTILIZED:
MORE THAN
2,000
SHARE OF PURCHASES
MADE BY NEVADA
TOURISM INDUSTRY
FROM IN-STATE VENDORS:
MORE THAN
50% TO 75%
TOP LOCAL VENDOR
CATEGORIES:
›› FOOD
›› BEVERAGE
›› CONSTRUCTION/
RENOVATION
Color Reflections
Core-Mark
NV Energy
JCM Global
National Technology Associates
JA Tiberti Construction Co
US Foodservice Reno
Wirtz Beverage Nevada
Konami Gaming
Bentar Development
Juice Products Co
Bonanza Beverage Co
Friedmutter Group
Southwest Gas
Anderson Dairy Products
Virgen Advertising
Outwest Meat Co
Pepsi Cola Company
Boyd Coffee
1
Blach Distributing
Global Cash Access
McCarthy Building Companies
CG Technology
PSAV
Shetakis Wholesalers
Inc
Weststar Credit Union
Pro-Tect Security
Tutor Perini
Nevada Beverage Company
US Foodservice ofMorrey
Nevada
Distributing
Creel Printing
Supreme Lobster
Sierra Gold Seafood
Hospitality Network
Cop Security
Best Agency
Las Vegas Review-Journal
Sierra Meat & Seafood
Source: NRA Member Survey.
WMS Gaming
Brady Linen Services
Young Electric Sign Company
Freeman
Health Plan of Nevada
SK+G Advertising
Global Experience Specialists
Source: NRA Member Survey.
T he estimated economic impact figures (including direct, indirect and induced impacts) presented in this section are generally reflective of the impacts of the Nevada resort tourism industry; they do not include
the impacts of rural Nevada tourism. (Source: Applied Analysis)
2015 Nevada Gaming Fact Book
Economic Impacts [Ripple Effects]
9
Estimated Induced Impacts of the Nevada Tourism Industry by Sector
1
THE IMPACTS OF EMPLOYEES DIRECTLY SUPPORTED BY VISITOR SPENDING (CALENDAR YEAR 2013)
Total
Induced Output
$
Economic activity in various
sectors of the economy
supported by tourism
employee spending
10.7 B
HOUSING
Wages and
Salaries
$
3.1 B
BANKING
MEDICAL
12.9%
12.1%
RETAIL
(ALL OTHER)
(ALL OTHER)
PROF.
SERVICES
8.3%
PROF.
SERVICES
6.1%
4.7%
2.5%
4.5%
LEGAL
SERVICES
MAINTENANCE
GENERAL
STORES
RETAIL
1.9%
8.0%
2.8%
GENERAL STORES
2.6%
1.9%
(AUTO)
3.0%
3.3%
INSURANCE
2.5%
TRANSPORTATION
(AUTO)
1.9%
2.2%
HOUSING
1.7%
EDUCATION
1.6%
EDUCATION/
CHILDCARE
4.1%
RECREATION/
AMUSEMENT
RETAIL
EDUCATION
1.9%
2.3%
UTILITIES
REAL ESTATE
5.5%
3.3%
LEGAL
SERVICES
TELECOM
MAINTENANCE
6.1%
PROF. SERVICES
PERSONAL CARE
2.4%
PERSONAL
SERVICE
PERSONAL CARE
2.7%
3.5%
FINANCE
RECREATION
INSURANCE
RECREATION
MEDICAL
10.8%
7.7%
4.0%
4.1%
RETAIL
20.9%
BANKING
5.1%
WHOLESALE
TRADE
Positions supported
throughout the local
economy because of
spending by tourism
employees
FOOD
SERVICE
WHOLESALE
TRADE
5.9%
92,500
13.2%
7.7%
RESTAURANTS
Total Jobs
8.8%
8.4%
MISC.
20.2%
MISC.
11.3%
RESTAURANTS
8.7%
1.5%
0.9%
5.3%
ALL OTHER
SERVICE/
SUPPORT
WHOLESALE
TRADE
3.0%
4.5%
MAINTENANCE
SOCIAL/CIVIC
ORGANIZATION
2.7%
INSURANCE
CARRIERS,
AGENCIES &
BROKERAGES
2.0%
TRANSPORTATION
1.8%
1.8%
AUTOMOTIVE
REPAIR & CARE
TELECOM
TRANSPORTATION
10
MEDICAL
RETAIL
20.6%
1
Wages of other workers
in the local economy
supported by the spending
of tourism employees
UTILITIES
0.8%
1.5%
TELECOM
0.6%
T he estimated economic impact figures (including direct, indirect and induced impacts) presented in this section are generally reflective of the impacts of the Nevada resort tourism industry; they do not include
the impacts of rural Nevada tourism. (Source: Applied Analysis)
Economic Impacts [Ripple Effects]
2015 Nevada Gaming Fact Book
Economic Impacts of the Hospitality Industry
Wages, Salaries and Benefits
N
evada hotel-casinos pay more wages, salaries and benefits than any other industry in the state. In fiscal year
2013 (latest available data), hotel-casinos in Nevada reported nearly $6.9 billion in payroll expenses. Wages and
salaries accounted for roughly 78.8 percent of these direct operating costs, or $5.4 billion. The remaining 21.2
Average annual wages for traditional hotel-casino
occupations are generally higher in Nevada than the national
average. Occupations reporting significantly higher wages
in 2013 included hotel, motel and resort desk clerks (+34.8
percent when compared to the national average), maids
and housekeeping cleaners (+33.9 percent), taxi drivers and
chauffeurs (+19.8 percent) and bartenders (+18.0 percent).
Nevada Hotel-Casino Wages & Salaries In addition, the latest estimates indicate that total benefits
paid as a percentage of taxable wages are approximately 10.7
percent for the leisure and hospitality industry. The sector’s
share is 2.5 percentage points higher than the national
average of 8.2 percent. Also notable, the industry pays more
than one-third of all employee health benefits in the state.
Billions
percent was attributed to employee benefits, which totaled $1.5 billion.
FY 1990-FY 2013
2013
$6
$5.4 B
$5
$4
$3
$2
$1
$0
'91
'93
'95
'97
'99
'01
'03
'05
'07
'09
'11
'13
Source: Nevada Gaming Control Board, Gaming Abstract.
Average Annual Wages for Selected Tourism Occupations
Occupation
Nevada
U.S.
Nevada vs. U.S.
Gaming Supervisors
$53,780
$48,940
+9.9%
Concierges
$32,260
$29,930
+7.8%
Slot Supervisors
$30,440
$33,800
-9.9%
Taxi Drivers and Chauffeurs
$30,200
$25,200
+19.8%
Hotel, Motel and Resort Desk Clerks
$29,680
$22,010
+34.8%
Maids and Housekeeping Cleaners
$29,630
$22,130
+33.9%
Gaming Service Workers, All Other
$26,880
$26,860
+0.1%
Baggage Porters and Bellhops
$25,890
$23,660
+9.4%
Bartenders
$25,690
$21,770
+18.0%
Parking Lot Attendants
$22,400
$21,340
+5.0%
Waiters and Waitresses
$22,270
$20,880
+6.7%
Gaming Dealers
$17,140
$20,890
-18.0%
$23,745
$18,516
+28.2%
LEISURE AND HOSPITALITY SECTOR
Source: United States Bureau of Labor Statistics.
2015 Nevada Gaming Fact Book
HOTEL, MOTEL &
RESORT DESK CLERKS
GAMING SUPERVISORS
BARTENDERS
are among the tourism
professions in Nevada
earning wages above the
NATIONAL
AVERAGE
Economic Impacts [Wages, Salaries and Benefits]
11
A Leader in Healthcare
Nevada Hotel-Casino Employee Benefits FY 1990-FY 2013
$1,800
$1.5 B
2013
$1,600
Direct Care Health Plan
››
MGM Resorts contracts directly with
primary care physicians who work
closely with employees to monitor
their health and make their care a top
priority.
››
The plan aims to promote prevention
and early detection by encouraging a
strong patient-physician relationship.
››
The Institute for HealthCare
Consumerism named the Direct Care
Health Plan one of the most innovative
and effective employee benefit plans.
››
Enrollment has grown from 5,000
employees and their dependents in
2012 to 15,000 in 2014.
››
Satisfaction rate among participants is
88 percent.
Millions
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
'91
'93
'95
'97
'99
'01
'03
'05
'07
'09
'11
'13
Source: Nevada Gaming Control Board, Gaming Abstract.
Nevada Hotel-Casinos
Total Payroll Expenses
$
6.9 B
Wages and Salaries
78.8%
Benefits
21.2%
as Share of Total
Payroll Expenses
Wellness Programs
Benefits Paid as a Percentage of Taxable Wages Top 3 Private Industries - FY 2014
Industry
Wages
Health
Mining
$1.3 B
$204 M
15.6%
Leisure & Hospitality
$9.9 B
$1.1 B
10.7%
Transport. & Warehousing
$1.7 B
$156 M
9.2%
$37.9 B
$3.1 B
8.2%
TOTAL, ALL INDUSTRIES
››
Jim’s Plate: Modeled after USDA’s
MyPlate. Each property offers free,
healthy meals to its employees daily.
››
Wellness Coaches USA: Offers
employees free, personalized help
with their wellness goals, including
nutrition and safety, diet and weight
loss and tobacco cessation.
Source: Nevada Department of Taxation, Modified Business Tax Statistics, Quarterly Report June 2014.
12
Economic Impacts [Wages, Salaries and Benefits]
2015 Nevada Gaming Fact Book
Fiscal Impacts of the Hospitality Industry
Industry Specific Taxes
the hospitality industry pays a number of additional levies, including:
Collections
(in Millions)
Percent
Percentage Fees (Gross Gaming Tax)
$682.3
44.5%
Transient Lodging (Room) Tax [a]
$620.9
40.5%
Live Entertainment Tax
$139.2
9.1%
$12.8
0.8%
Quarterly Games Tax
$6.4
0.4%
Quarterly Restricted Slot Tax
$8.3
0.5%
$44.2
2.9%
$2.5
0.2%
Quarterly Nonrestricted Slot Tax
Annual Slot Tax
Annual Games Tax
Other Collections
Total
%
TE GAMING
9.1 STA
TA
1.2%
100%
XE
S
.5%
50
TA
X
ES
State Gaming Taxes
$774.3 M
Gaming
Industry-Specific
Fees and Taxes
$1,534,000
Transient Lodging (Room) Taxes
$620.9 M
EN
TL
O
D
2015 Nevada Gaming Fact Book
$17.7
$1,534
[a] Estimated due to varying tax rates by jurisdiction.
Note: The gaming industry pays all of the taxes paid by businesses generally, as well as these levies.
Source: Nevada Gaming Control Board, Quarterly Statistical Report (7/22/2014); LVCVA and Applied Analysis.
T R A N SI
3. Live Entertainment Taxes: Tax on facilities
with 200 or more seats where live entertainment
is provided and admission is charged. For facilities
seating more than 200 and less than 7,500, the rate
is 10 percent of the admission charge plus 10 percent
of any amount paid for food, refreshments and
merchandise purchased at the facility. For facilities
seating more than 7,500, the rate is five percent of the
admission charge. Gaming pays over 90 percent of the
live entertainment tax collected statewide and totaled
$139.2 million in fiscal year 2014.
FY 2014
EN
T
2. Transient Lodging (Room) Taxes: Tax
on revenue from rental of transient lodging, which
reaches a maximum of 13 percent on the price of a
hotel room in Clark County. Throughout the state,
the rate ranges from as low as five percent in Lincoln
County to a high of 16 percent in Elko County. Room tax
collections in the state totaled $620.9 million in fiscal
year 2014.
Gaming and Other Industry-Specific Fees
and Tax Collections ERTAINM
State Gaming Taxes: The gross gaming tax is
a graduated tax rate with a maximum of 6.75 percent
on gross gaming revenue. Hotel-casinos may also pay
additional fees imposed by counties, municipalities
and the state, which adds roughly one percent to the
tax burden. Gaming taxes are spent on education,
transportation, local governments, general fund
expenditures and problem-gambling programs. In
fiscal year 2014, the gross gaming tax totaled $682.3
million, with additional gaming fees totaling $91.9
million.
E ENT
1.
specific tax payments totaled more than $1.5 billion. In addition to paying all the taxes paid by businesses generally,
LIV
T
he tourism industry generates more tax payments than any other industry. In fiscal year 2014, hospitality industry-
GI
NG
TA X
ES
4 0.5 %
Live Entertainment Taxes
$139.2 M
Fiscal Impacts [Industry Specific Taxes]
13
Always part of the solution
Millions
Nevada Gross Gaming Tax Collections
$900
$800
$700
$600
$500
$400
$300
$200
$100
$0
FY 2014
$682 M
+0.5%
Gross Gaming Tax
FY '06 FY '07 FY '08 FY '09 FY '10 FY '11 FY '12 FY '13 FY '14
Source: Nevada Gaming Control Board, Quarterly Statistical Report (7/22/2014).
Nevada Room Tax Revenues
FY 2014
1.0% rate imposed on
all revenue exceeding
$3,000 quarterly
1940
$621 M
+9.3%
$600
$500
$400
$300
$200
FY '10
FY '11
FY '12
FY '13
FY '14
Source: Nevada Department of Taxation.
Nevada Live Entertainment Tax Collections
Millions
FY 2014
$160
$140
$120
$100
$80
$60
$40
$20
$0
Annual State games
license tax imposed
Table game tax
Tax adjusted to graduated
rates ranging from
3.0% - 5.5%, depending
on gross revenue.
Highest rate imposed
on revenue exceeding
$1M per quarter
1960
$139 M
+10.7%
Rate increased to 5.75%
on revenue over
$400,000 per quarter
Tax increased to 6.0%
on revenue over
$134,000 per month
Casino Entertainment
Tax imposed
Slot license fee on
1970 restricted and non-
$100
$0
Additional Fees
Tax rate increased to 2.0% 1950 established
$700
Millions
In 1931, the original tax on gaming was established.
Card games were licensed at $25 per table, per
month. Other games were licensed at $50 per game,
per month (excluding slots). Slot machines were
licensed at $10 per month. The total tax burden
today - under 1931 law - would be around $30
million, suggesting the gaming tax burden has
increased nearly 30-fold.
1980
1990
restricted license holders
and quarterly State
games license fee
imposed
New fee imposed for
licensing slot route
operators
Top tier of tax rate
increased to 6.25%
2000
Each tier of tax rate
increased 0.5%
Live Entertainment Tax
imposed
(highest now 6.75%)
2010
Casino Entertainment Tax
repealed
Source: Nevada Taxpayers Association, Nevada TaxFacts.
FY '06 FY '07 FY '08 FY '09 FY '10 FY '11 FY '12 FY '13 FY '14
Source: Nevada Department of Taxation.
14
Fiscal Impacts [Industry Specific Taxes]
2015 Nevada Gaming Fact Book
Fiscal Impacts of the Hospitality Industry
Other Tax Contributions
I
n addition to more than $1.5 billion in industry-specific
Fund revenue (inclusive of other fees and charges).
The hospitality industry pays a significant share of property taxes.
In Clark County, hotels and hotel-casinos account for just 2 percent
of improved nonresidential acreage, but 42 percent of taxable
nonresidential property value. Including residential uses, hotels and
hotel-casinos account for 1 percent of improved acreage, but nearly 13
percent of all taxable value, excluding vacant land. Nearly all of the top
10 property taxpayers in Clark County are hotel-casino operators, with
MGM Resorts International claiming the number one spot. Meanwhile,
hotel-casino operators account for half of the top 10 property taxpayers
in Washoe County, with Peppermill Casinos Inc. reporting the secondhighest value.
Clark County Largest Taxpayers Washoe County Largest Taxpayers tax contributions, the hospitality industry is a significant
contributor to non-industry specific tax collections. In
fiscal year 2014, the industry contributed nearly $1.4 billion
in taxes and fees specifically to the State General Fund. The
hotel-casino industry is estimated to fund 47 percent of
General Fund tax revenues and 45 percent of total General
2014-2015 Assessment Roll (in Millions)
Taxpayer
2014 Assessment Roll (in Millions)
Assessed
[a]
Appraised
[b]
Taxpayer
Assessed
[a]
Appraised
[b]
$294
1
MGM RESORTS INTERNATIONAL
$3,165
$9,042
1
BRE/Reno Property Owner LLC
$103
2
NV Energy
$2,006
$5,731
2
PEPPERMILL CASINOS INC.
$84
$241
3
CAESARS ENTERTAINMENT CORP.
$1,624
$4,639
3
GOLDEN ROAD MOTOR INN INC.
$43
$122
4
LAS VEGAS SANDS CORP.
$998
$2,851
4
MPT of Reno LLC
$39
$110
5
WYNN RESORTS LIMITED
$853
$2,438
5
Sparks Legends Development Inc.
$37
$105
6
STATION CASINOS INC.
$553
$1,579
6
CIRCUS & ELDORADO JOINT VENTURE
$28
$81
7
BOYD GAMING CORP.
$293
$836
7
Northwestern Mutual Life Ins.
$27
$79
8
NEVADA PROPERTY 1 LLC (COSMOPOLITAN)
$275
$786
8
INTERNATIONAL GAME TECHNOLOGY
$25
$71
9
Eldorado Energy LLC
$210
$600
9
HYATT EQUITIES LLC
$24
$69
10 HILTON GRAND VACATIONS
$190
$543
10 BRE/PAC Nevada LLC
$24
$67
11 Howard Hughes Corp.
$186
$531
11 Nevada Pacific Development Corp.
$22
$63
12 Picerne Real Estate Group
$180
$514
12 G & I VII Reno Operating LLC
$19
$55
13 Southwest Gas Corp.
$178
$508
13 Wal-Mart Real Estate Business Trust
$19
$55
14 Universal Health Services Inc.
$173
$494
14 Charles River Laboratories Inc.
$16
$46
15 General Growth Properties Inc.
$165
$471
15 Meadowood Mall SPE LLC
$16
$45
16 RUFFIN COMPANIES
$156
$447
16 Gage Village Commercial Dev. LLC
$15
$44
$15
$44
17 Molasky Group of Companies
$148
$423
17 McKenzie Properties
18 Hospital Corporation of America
$136
$388
18 TR Reno LLC
$15
$43
$15
$42
$14
$41
19 Harsch Investment Properties
$135
$385
19 Apple Inc.
20 World Market Center Las Vegas
$116
$331
20 Prime Park Vista LLC
[a] Assessed value reflects 35 percent of appraised value.
[b] Appraised value approximates market value.
Source: Clark County Assessor’s Office, secured and unsecured tax rolls.
2015 Nevada Gaming Fact Book
[a] Assessed value reflects 35 percent of appraised value.
[b] Appraised value approximates market value.
Source: Washoe County Assessor’s Office, Top Washoe County Taxpayers.
Fiscal Impacts [Other Tax Contributions]
15
The industry is also a major contributor to sales taxes.
For example, the food services and drinking places sector,
which includes sales at hotel-casinos, reported $10.6 billion
in taxable retail sales in fiscal year 2014, representing an
annual increase of 5.9 percent. The sector accounts for 22.4
percent of taxable retail sales, with the next-largest sector,
motor vehicle and parts dealers, making up 11.3 percent.
22.4%
Hotel-casinos make a material contribution to Nevada’s modified business tax,
which is the primary business tax in the state. In fiscal year 2014, the modified
business tax generated $384.9 million for the state’s General Fund. The tourism
industry, the state’s largest employer, accounted for an estimated $79 million in
payments, which accounts for more than 20 percent of the total.
of Taxable Retail Sales
is generated by
Modified
Business
Tax
Food Services / Drinking Places
11.3%
Motor Vehicles & Parts Dealers
is next largest contributor
TOURISM
generates
more than
20%
of the total modified business tax
0
20
40
60
80
100
Source: Nevada Department of Taxation.
Source: Nevada Department of Taxation and Applied Analysis.
Business Tax Burden
Nevada has the third-lowest
tax burden in the United
States, making it one of
the best states in which
to do business. Due to the
substantial construbtions
made by the hospitality
industry, non-gaming
businesses and residents
in the state are able to
continue to enjoy a very low
tax burden, including no
corporate income tax.
#11
#6
#12
#19
#1
#3
#9
#48
#23
#4
#33
#25
#47
#43
#2
#41
#29
#20
#38
#49
#13
#31 #8
#22
#32
#17
#39
#26
10 worst business tax climates
10 best business tax climates
#10
#21 #27
#16
#15
#18 #28
#30
#34
#44
#37
#36
VT #46
NH #7
MA #24
RI #45
CT #42
NJ #50
#35
DE #14
#5
MD #40
DC #45
Source: Tax Foundation and Applied Analysis.
16
Fiscal Impacts [Other Tax Contributions]
2015 Nevada Gaming Fact Book
More than 92 percent of the State
General Fund is allocated to K-12
education, higher education, health
and human services and public safety.
With roughly 47 percent of General
Fund tax revenue coming from the
tourism industry, casino-hotels are
the largest provider of funds for these
major services.
47%
92%
of State General
Fund is allocated to
of State General Fund
tax revenue is generated
by the Hotel-Casino
Industry
General
Fund
EDUCATION
HEALTH &
HUMAN SERVICES
PUBLIC SAFETY
General Fund Revenue Breakdown Fiscal Year 2014
General Fund Revenue Source*
Branch Bank Excise Tax
Business License Fee
Business License Tax (Phased Out)
Total Collections
Hotel-Casino Industry
Contributions
Hotel-Casino Industry
as a Percent of Total
$2,788,166
$0
0.0%
$72,166,482
$6,429,579
8.9%
$2,814
$0
0.0%
Cigarette Tax
$79,628,983
$14,224,762
17.9%
Gaming Taxes
$718,816,067
$718,816,067
100.0%
Governmental Services Tax
$62,267,322
$28,020,295
45.0%
HECC Transfer (Higher Education Capital Fund)
$5,000,000
$5,000,000
100.0%
$264,521,903
$27,355,973
10.3%
Liquor Tax
$41,838,536
$15,047,070
36.0%
Live Entertainment Tax
$154,136,218
$139,156,241
90.3%
Mining Taxes and Fees
$26,221,970
$0
0.0%
Modified Business Tax (MBT) – Financial
$23,789,898
$0
0.0%
$361,095,880
$78,648,637
21.8%
$11,620,286
$2,075,825
17.9%
Insurance Taxes
Modified Business Tax (MBT) – Nonfinancial [a]
Other Tobacco Tax
Real Property Transfer Tax [b]
$60,047,457
$0
0.0%
Sales and Use Tax
$967,706,171
$314,807,385
32.5%
$2,851,648,150
$1,349,581,832
47.3%
$215,298,210
$39,018,727
18.1%
$3,066,946,360
$1,388,600,559
45.3%
TOTAL TAX REVENUE
Other Revenue
Total
*Note: Reflects collections within the Nevada General Fund and excludes taxes, fees and other charges that inure to the benefit of other state and local municipalities. [a] The modified business tax is a tax on gross
payroll, less a deduction for employer-provided health care coverage. Because the hotel-casino industry provides such a significant share of these benefits to its employees, the industry’s share of modified business
tax collections is lower than its share of employees. [b] Assumed to be zero due to a lack of available data. Sources: Economic Forum; LVCVA; Nevada Gaming Control Board, Quarterly Statistical Report; Nevada
Department of Taxation; Nevada Department of Employment, Training and Rehabilitation and Applied Analysis.
2015 Nevada Gaming Fact Book
Fiscal Impacts [Other Tax Contributions]
17
Fiscal Impacts of the Hospitality Industry
Room Tax Overview
T
ransient lodging (room) tax collections in Nevada totaled $620.9 million in fiscal year 2014. The majority of the state’s
room tax collections come from Clark County, which represents 91 percent of the total. Washoe County room tax
collections account for another 6 percent of the state’s total, with rural counties making up the remaining 3 percent.
The distribution of room tax collections varies in each county and has evolved since
inception of the tax in 1955. By 1964, roughly 90 percent of room tax collections
were used to fund tourism in Clark County, with the other 10 percent going to the
collecting entity. By 1984, tourism’s share fell to 78 percent, and local jurisdictions
received about 22 percent of total collections. During the 1990’s, the distribution
of room tax collections in southern Nevada evolved to include transportation (as
of 1991) and education (as of 1997), among other additions. As a result, by 2014,
tourism’s share of tax distributions fell to 35 percent. Local jurisdictions now receive
23 percent, while 38 percent is designated toward education funding.
Origin of Room Tax Collections
91%
Clark County
6%
Washoe County
3%
Rural
Source: Nevada Department
of Taxation.
Evolution of Clark County Room Tax Revenue Distribution
3%
10%
State of Nevada Tourism
Collecting Entity
1964
Las Vegas Convention
and Visitors Authority
Nevada Department
of Transportation
14%
90%
Clark County
School District
Tourism
22%
Local Jurisdictions and
Collection Allowance
1984
32%
4%
Tourism
2014
$564.9 M
23%
Local Jurisdictions and
Collection Allowance
78%
Clark County
24%
State Distributive
School Account
Note: Estimates for Clark County. Source: LVCVA.
18
Fiscal Impacts [Room Tax Overview]
2015 Nevada Gaming Fact Book
Funding Transportation Improvements in Clark County
In 1991, a component was added to the room tax rate in
Clark County to fund transportation-related improvements.
The 1-percent tax has generated close to three-quarters of
a billion dollars over the past two decades to fund various
improvements within or providing access to tourism districts.
Source: LVCVA; Nevada Department of Taxation and Applied Analysis.
Funding School Construction
in Clark County
The Clark County School District (“CCSD”)
primarily funds the construction of schools
with a combination of three revenue
sources:
››
Ad valorem (property) tax
››
Real property transfer tax and
››
Transient lodging tax (i.e., room tax)
In fiscal year 2014, room tax alone
generated nearly $78 million for school
construction in Clark County. It has
provided nearly $1 billion since 1998.
Since 1998 the
ROOM TAX
Since 1992 the
ROOM TAX
has generated
677.4 M
$
For transportation improvements
Funding Education in Nevada
In 2009, voters in Clark, Washoe and Lander counties
approved Initiative Petition 1 (“IP 1”), which imposed an
additional 3 percent tax on lodging revenues (to the extent
the total rate does not exceed 13 percent). IP 1 was imposed
by the Legislature only in Clark and Washoe counties, and
for the first two years (2009 – 2011), funds generated were
directed to the State General Fund. Effective July 1, 2011,
taxes generated under IP 1 were deposited in the State
Distributive School Account, and effective July 1, 2013, the
funds were designated to be used to increase teachers’
salaries and improve student achievement.
In fiscal year 2014, $139.3 million was generated in Clark
County for the statewide education fund. Including Washoe
County, revenue generated for education under IP 1 totaled
$140.9 million.
In FY ‘14
More Than
140 M
$
has generated
927.5 M
$
For school construction
Source: LVCVA, Nevada Department of Taxation and Applied Analysis.
2015 Nevada Gaming Fact Book
was generated by “Initiative Petition 1” for
EDUCATION FUNDING
Source: LVCVA and Nevada Department of Taxation.
Fiscal Impacts [Room Tax Overview]
19
Social and Environmental Impacts of
Nevada’s Tourism Industry
I
n the past year, Nevada’s major hotel-casino operators committed more than $22.6 million to charitable
activities. Roughly $16.5 million of this was sourced to contributions directly from gaming operators,
while the remaining $6.1 million was from foundation contributions, such as Caesars Foundation and
MGM Resorts Foundation. In addition, hotel-casino employees volunteer thousands of hours of their time
helping programs that have a significant impact on their communities. Many hotel-casino operators in
Nevada also make the environment a top priority and continue to reduce their carbon footprint through
various green initiatives.
Hotel-casino charitable activities
$16.5 Million $6.1 Million
$22.6 Million +
company contributions
foundation contributions
20
Nevada Council on
Problem Gambling
Clean the
World
Susan G Komen
American Cancer Society
Salvation Army
Vegas PBS
Boots to Business
UNLV
One Drop
Las Vegas Rescue Mission
Boyd School of Law
Nevada Child Seekers
Legal
Aid
Center of
Southern
Nevada
Teach for America
Smart
Start
Nevada Military Support Alliance
Special Olympics
St Rose Dominican Hospital
Springs Preserve
CASA
Social and Environmental Impacts
American Red Cross
Meals on Wheels
United Way
Teacher of the Game
American Lung Association
United
Negro
College
Fund
Habitat for Humanity
AARP
Wounded
Warriors
Ronald McDonald House Charities
Food Bank of Northern Nevada
National Park Trust
Project
KNPR
National Center for
Responsible Gaming
Second
Wind Dreams
St Jude’s Ranch for Children
Nevada Minority Business Council Global
Soap
The Smith
Center
Opportunity Village
Teacher EXCHANGE
Rescued Wine
Shade Tree
Boys and Girls Club
Three Square
Programs Supported by the Hotel-Casino Industry
2015 Nevada Gaming Fact Book
The following pages highlight some of the charitable contributions and
environmental initiatives reported by selected Nevada Resort Association partner
resorts in the past year.
Atlantis
A
tlantis is committed to the environment and implements a number of energyefficiency and recycling programs to reduce its carbon footprint. The hotelcasino donates computers to a local supplier that recycles and refurbishes
the parts and builds a new device to give back to the community. In addition, through a
partnership with Waste Management, Atlantis separates food scraps and other organic
material from general waste and processes it into compost.
MGM Resorts International
M
GM Resorts International prides itself on its substantial community
involvement. Supported charities include Three Square Food Bank, the
Salvation Army, Susan G. Komen Race for the Cure, Ronald McDonald
House Charities, Habitat for Humanity, Boots to Business and many more.
In 2014, MGM Resorts employees donated 1.6 million pounds of canned food to Three Square Food Bank
in Las Vegas. The donation set a record for the largest contribution made to Three Square by a single
company, a distinction MGM Resorts has claimed four years in a row. More than 1.3 million meals will be
provided to individuals as a result of the contribution.
Through the Boots to Business program, which is co-sponsored with the American Red Cross, managementlevel training and jobs are given to selected unemployed veterans. In 2013, MGM’s grant of $250,000
allowed the program to expand beyond Nevada to Michigan, Mississippi, Maryland and Massachusetts.
MGM Resorts International also takes part in a number of green initiatives. In 2013, the company announced
plans to install one of the largest contiguous rooftop solar photovoltaic arrays in the world at Mandalay
Bay Resort Conference and Convention Center. The solar array, which was recently completed, is expected
to generate 10.5 kWh annually, which is enough electricity to power the equivalent of 1,000 U.S. homes.
2015 Nevada Gaming Fact Book
MGM RESORTS
HOTEL-CASINO
EM PLOYEES
Volunteered
115 , 500
hours in 2014
Social and Environmental Impacts
21
Station Casinos
S
ince 2001, Station Casinos has donated more than $2.4
million to elementary schools in Clark County through its
Smart Start program. Each year, the schools needing the
most assistance receive financial aid from the company. In addition,
employees donate their time hosting back-to-school drives, helping
students with their homework and taking part in additional efforts to
help the schools that need it most. This year, employees donated 750
backpacks, 1,300 erasers, 1,600 boxes of crayons, 2,150 notebooks,
4,000 glue sticks, 6,000 pencils and other items.
Station Casinos is also committed to veterans. Earlier this year, the company
donated $10,000 to Nevada Military Support Alliance to be used for the construction
of the Las Vegas Fisher House at the Southern Nevada Veterans Affairs Medical
Center in North Las Vegas. The Fisher House provides free housing for veterans
who need rehabilitation or long-term medical care. In addition, Station Casinos and
the Military Warriors Support Foundation will be giving away a home to a wounded
veteran at the 2014 Royal Purple Las Vegas Bowl.
750
1,300
1,600
2,150
4,000
6,000
Backpacks
Erasers
Boxes of crayons
Notebooks
Glue sticks
Pencils
John Ascuaga’s Nugget
E
ach year, John Ascuaga’s Nugget awards $1,000 scholarships
to 25 high school graduates in northern Nevada. Over the
years, the program has contributed more than $700,000 to
roughly 700 students.
TWENTY FIVE
$1,000
SCHOLARSHIPS
22
Social and Environmental Impacts
2015 Nevada Gaming Fact Book
Eldorado Resort Casino
I
n 2014, Eldorado Resort Casino became the first Reno property to join the Global
Soap Project (GSP). GSP uses recycled soap from hotels to create new bars that can
be distributed to those who need it most around the world (e.g., refugees, orphans
and disaster victims). The Eldorado donates an estimated 200 pounds or more of soap
DONATES
200
LBS
OF SOAP
BI-WEEKLY
bi-weekly. Other hotels in Nevada that participate in the program include Club Cal Neva,
Border House Crystal Bay, Aria, Bellagio and Westgate Flamingo Bay.
Peppermill Resort Spa Casino
P
eppermill received the 2014 Sustainability Award from the Nevada Hotel
and Lodging Association. The company makes a significant contribution to
the environment with its various green initiatives. Perhaps the most notable
achievement is the fact that Peppermill is the only hotel in the United States to be
$9.7 M
GEOTHERMAL
WELL
heated by an on-site geothermal well. The company spent $9.7 million on the project,
which has reduced its CO2 emissions by 12,000 metric tons per year.
Silver Legacy Resort & Casino
S
ilver Legacy Resort & Casino has incorporated a number of environmental
initiatives in an attempt to conserve energy and minimize its carbon footprint.
The company’s list of green initiatives include uniforms made from recycled
bottles, the use of energy efficient equipment, and minimizing chiller usage by increasing
the amount of outside air used to cool the building. Silver Legacy is also a contributor
to Rescued Wine, which is a candle company that recycles Champagne bottles to make
RESCUED
WINE
soybean candles. In addition, two percent of Rescued Wine’s sales are donated to animal
rescue groups. Silver Legacy donates its bottles from Saturday and Sunday brunch to
the cause.
2015 Nevada Gaming Fact Book
Social and Environmental Impacts
23
Las Vegas Sands
L
as Vegas Sands (LVS) launched Sands Cares in April of 2014,
which is focused on corporate giving in the communities in
which the company operates. LVS recently committed $7
million over the next five years to the William F. Harrah College of
$7 Million
UNLV College of Hotel
Administration
Hotel Administration at the University of Nevada, Las Vegas. Roughly
$2.5 million will go toward the construction of the 95,000-squarefoot Hospitality Hall. An additional $4.5 million will be used to build
a new Center for International Hospitality and Gaming Education.
LVS is committed to the environment through its ECO360° Global Sustainability
Strategy. Through its partnership with Clean the World, the company recycles
countless hygeine products, and employees build hygeine kits to be distributed to
those in need. In addition, LVS sends worn-out clothes and linens to Opportunity
Village, where they are recycled into reusable cleaning cloths.
INCLUDING
$4.5 M
TOWARD NEW
CENTER FOR INTERNATIONAL
HO SPI TA L I T Y A N D
GAMING EDUCATION
Boyd Gaming
I
n addition, to its contributions to United Way, Boys & Girls Club,
Three Square, UNLV and others, Boyd Gaming is a founding
contributor of The Smith Center in Downtown Las Vegas. The
performing arts center was opened in 2012 and is considered one
THE ONLY LEED SILVER CERTIFIED
INDUSTRIAL
LAUNDRY FACILITY
IN THE UNITED STATES
of the finest performing facilities in the United States. The company
is also committed to developing a diverse workforce and making
purchases from diverse suppliers.
Boyd Gaming has received a number of environmental achievements as well. Its
central laundry facility in Henderson is the only LEED Silver industrial laundry
facility in the United States. Also, in 2014, Orleans Arena became Nevada’s first LEED
Gold arena.
24
Social and Environmental Impacts
2015 Nevada Gaming Fact Book
C
aesars Foundation and Caesars Entertainment employee volunteers are
committed to giving back to the community through a number of programs.
Through its partnership with AARP, Caesars works to fight senior hunger with
the assistance of the Supplemental Nutrition Assistance Program and Meals on Wheels
Association of America. In addition, through the Public Education Foundation’s Teacher
EXCHANGE, Caesars aids school teachers in southern Nevada by helping them save on
expenses for school supplies. Businesses and individuals donate re-usable supplies that
are given to teachers at no charge for use in the classroom. In 2013, Casears donated
more than 400,000 pounds of supplies in southern Nevada. The company also recently
adopted Chaparral High School in Las Vegas through a collaborative effort with Vegas
PBS and Teach for America. Caesars employees will spend the next two years educating
Teacher EXCHANGE
Caesars Entertainment
DONATED
400,000
pounds
OF RE-USABLE
SUPPLIES
FOR
TEACHERS
students at the high school about a variety of career opportunities.
Wynn Resorts
W
ynn Resorts formed the Wynn | Encore Diversity Council, which is
committed to diversity within the company. The council meets quarterly
to ensure the company is meeting its diversity goals, including creating
an inclusive work environment, developing a workforce that embraces diversity and
establishing vendor partnerships that support equality.
The company also formed the Wynn | Encore LGBT Focus Group, which is focused on better serving its
LGBT guests and employees. The group helped Wynn Resorts become the first company in the hospitality
industry to score 100 percent on the Human Rights Campaign (HRC) Corporate Equality Index in its first
year of participation. The index rates companies on equal rights for LGBT employees.
2015 Nevada Gaming Fact Book
Human Rights
Campaign
Corporate Equality Index
100%
First in hospitality industry
to receive a
PERFECT
SCORE
during first year of participation
Social and Environmental Impacts
25
900 S. Pavilion Center Drive
Suite 160
Las Vegas, NV 89144
Tel: (702) 735-4888
Fax: (702) 735-4620
www.nevadaresorts.org