Nev. High Court Hands Win To Caesars Palace In Tax Dispute

Law360, Los Angeles (February 27, 2014, 6:35 PM EST) -- The Nevada Supreme Court has found that Caesars Palace and AEG Live LV LLC, which manages the casino's Colosseum live entertainment center, don't have to pay $800,000 in additional taxes for royalties paid by Ticketmaster Entertainment Inc. to AEG, saying in a ruling made public Thursday that the royalties are exempt from taxation.

In the ruling filed Feb. 21, the court overturned the Nevada Gaming Commission's determination that royalties Ticketmaster paid to AEG for the right to sell tickets to Colosseum events are part of the...
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