Film tax credit recommended for Las Vegas company producing a game show
Film tax credit recommended for Las Vegas company producing a game show
 12 August 2015

The Nevada Film Office has recommended a $845,000 tax credit for a Las Vegas company that is producing a television game show that won’t be seen in this state. 

Scientific Games Productions sought a $1.5 million tax credit from the state, but only $845,000 was left in the fund. The company has already filmed some of the episodes of "Monopoly Millionaires Club," which runs in other states. A spokeswoman for the film office said it cannot be shown on television in Nevada because it is tied to a lottery theme. The Nevada Constitution prohibits lotteries. The company plans to hire 61 Nevadans and 78 workers from out of state. The company intends to spend $13 million; $10.4 million of that will be in Nevada.

A bill was introduced in the Nevada Legislature to provide an additional $20 million in tax credits to lure movie and other filming companies to Las Vegas, but it failed to gain traction. The film office said Scientific Games Productions may receive more than the $845,000 if other film companies do not use all of their allotted tax credits. Scientific Games Productions is part of Scientific Games Corp., which moved its headquarters to Las Vegas from New York. The recommendation of the film office goes to Steve Hill, head of the Governor’s Office of Economic Development, who will make the final decision.

 

Source: Las Vegas Sun

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