was down more than 60 percent<\/a> from the year prior. Hotel occupancy rates for that month were just 45.4 percent for the weekend and 25 percent for midweek.<\/p>\nWait and See, For Now<\/h2>\n
Of the $4 billion projected to come to Nevada, about $3 billion is slated to go to the state. Five communities deemed metropolitan cities would share $285 million. The allocation for the counties is projected to be $597 million, while other smaller cities stand to receive $151 million.<\/p>\n
Most of the metro and county funding would go to the Las Vegas area. The city itself is projected to get $131 million. Clark County, which has jurisdiction over the Las Vegas Strip, is scheduled to receive $440 million. Additional funding would also go to Henderson ($37 million) and North Las Vegas ($47 million).<\/p>\n
Officials in Nevada\u2019s metropolis are taking a wait-and-see approach for now, at least until the Rescue Plan becomes law.<\/p>\n
\u201cAt this time, the city of Las Vegas continues to assess the full amount of eligible funding we are likely to receive from the federal government,\u201d <\/strong>said David Riggleman, communications director for the city of Las Vegas, in a statement to Casino.org<\/em>. \u201cOnce we have a more definitive view, the City Council will have the opportunity to make the final decisions on how those monies should be disseminated.<\/strong> Those final decisions are yet to be made.\u201d<\/strong><\/p>\nClark County Senior Public Information Officer Stacey Welling told Casino.org<\/em> that it\u2019s too early to determine how county leaders will allocate the funding, since the bill is still making its way through Congress.<\/p>\n\u201cWe expect the final legislation may impose restrictions on how the funding is spent by local governments,\u201d Welling said.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s struggling gaming industry? The spending package includes $350 billion in direct aid to state, local, and county governments. Thanks […]<\/p>\n","protected":false},"author":45,"featured_media":166340,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,13,61],"tags":[],"acf":[],"yoast_head":"\n
Nevada Stands to Win Big in $1.9T American Rescue Plan<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n