Nevada Stands to Win Big in $1.9T American Rescue Plan
The US Senate is expected to vote on the American Rescue Plan, a $1.9 trillion COVID-19 relief bill, by this weekend. Should it pass, Nevada stands to be a big winner. But what about the state’s struggling gaming industry? Pedestrians wearing masks walk along a less-crowded Las Vegas Strip during the COVID-19 pandemic. A new spending bill before Congress would give Nevada funding it may choose to use to revive its tourist economy. (Image: Daniel Slim/Getty) The spending package includes $350 billion in direct aid to state, local, and county governments. Thanks to a formula that incorporates...
Source: casino.org