The number of businesses setting up in two areas of Las Vegas has increased after the decision was made to suspend business license fees in the districts.
City officials, looking for ways to boost business in the Fremont East district and the Arts District of Las Vegas, determined that one strategy would be to remove the requirement that business owners pay for a liquor permit.
Las Vegas Review-Journal reported that applying for a tavern-limited license would carry a one-off cost of $20,000, while an urban lounge fee — which allows for some gaming — in the Arts District is $50,000.
Before the program was launched, just four venues were situated in Fremont East, and there were none in the Arts District. The number has now risen to ten and five respectively.
Now, mayoral candidate Chris Giunchigliani is considering continuing the program to help more businesses and boost the local economy.
He told the news provider: “We really ought to. It absolutely helped businesses get started.”