Legislation that upset much of the gambling industry could drive several hundred million dollars in benefits for Las Vegas, Nevada’s, biggest casino operators.
Executives from MGM and Caesars said this week the One Big Beautiful Bill could generate more than $100 million in financial benefits for their respective companies. Speaking during each company’s recent earnings calls, leaders from the two largest casino operators on the Vegas Strip saw the law as a net gain to their bottom lines.
Caesars CEO Tom Reeg said the bill would mean $80 to $100 million less in cash taxes than the company projected before it was signed into law last month.
