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September 17, 2014

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Sales tax slice: The house really does always win — Las Vegas casino purchases airplanes, escapes sales and use taxes

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Sam Morris

Planes are seen during a static display of jets at the Henderson Executive Airport Tuesday, Oct. 22, 2013 as part of the National Business Aviation Association convention.

Most people have probably heard the popular phrase, “the house always wins.” Indeed, it’s often paired with the familiar and belated advice, “you should have quit while you were ahead.” The phrase, to the uninformed, typically refers to the sentiment that, no matter how much money a gambler wins, in the end, the casino will come out on top.

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