Pages Navigation Menu

ON-LINE MAGAZINE & WEB SITE - SCROLL DOWN FOR NEWS

☛ South Point Hotel & Casino owner gives employees $1M bonus due to tax reform bill – 1-5-18

SOUTH POINT HOTEL, CASINO AND ARENA OWNER GIVING EMPLOYEES $1M – THANKS TO PRESIDENT TRUMP

Press release from Joyce Lupiani
Jan. 5, 2018

The Las Vegas South Point Hotel and Casino owner Michael Gaughan, has announced that he will be giving employees an extra $1M this year because of President Donald Trump’s tax reform bill.

“Las Vegas has experienced a significant amount of growth over the past few years and this tax reform will continue to drive the economy of the city,” said Gaughan. “The new bill will  have a monumental effect on our economy and, in turn, our property. We want to be sure that our extended family is taken care of.”

Gaughan also said that employee bonuses will also double this year, In addition, he is rescinding the price increase for employee health insurance,

The South Point is located on Las Vegas Boulevard, a couple of miles south of the Las Vegas Strip. The property is known for its equestrian event facility and also has a multi-million dollar professional bowling tournament facility.

The Gaughan family has been instrumental in the development of Las Vegas. Jackie Gaughan, Michael’s father was an early owner and is best-known for his ownership of the El Cortez in Downtown Las Vegas. Jackie Gaughan also owned the Las Vegas Club and The Plaza.

Michael Gaughan is also the former owner of a NASCAR team and the main sponsor of the 2018 NASCAR Cup playoff race. Michael is also the operator of the slot machines at McCaran International Airport.

468 ad

Leave a Comment

Your email address will not be published. Required fields are marked *