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How Gaming Benefits Nevada

Employment

With 337,700 employees, leisure and hospitality is by far 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.

Nevada hotel-casinos pay more wages, salaries and benefits than any other industry in the state. In fiscal year 2014, hotel-casinos in Nevada reported $7.0 billion in payroll expenses. Wages and salaries accounted for roughly 78.5 percent of these direct operating costs, or $5.5 billion. The remaining 21.5 percent was attributed to employee benefits, which totaled $1.5 billion.

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.

When indirect and induced impacts are considered – the secondary employment, wage and economic activity impacts derived from local supplier purchases and employee spending in other sectors of the local economy – Nevada's tourism industry supports an estimated 432,000 jobs paying $16.3 billion in wages and salaries. The total economic impact of the industry is estimated at $52.0 billion.

20 Largest Employers in Nevada

Rank Company Size Class Ownership County
1 Clark County School District 30,000 - 39,999 Local Government Clark
2 Washoe County School District 8,500 - 8,999 Local Government Washoe
3 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
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

Source: Nevada Department of Employment, Training and Rehabilitation and Applied Analysis.

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