EDC Las Vegas 2014 At Risk Due To Tax Concerns
EDC Las Vegas 2014 May Not Happen if Nevada Legislature Passes 10% Tax For Mass Gatherings
The Las Vegas Sun reports that Insomniac CEO Pasquale Rotella issued a statement concerning the future of EDC in Las Vegas ahead of the Nevada State Legislatures discussion of the Live Entertainment Tax.
“Insomniac loves doing business in Las Vegas, and right now our primary focus is producing the best show for the fans who will attend Electric Daisy Carnival on June 21, 22 and 23. While we would love to bring another festival to Nevada, we are tabling any further discussions until the state Legislature settles the Live Entertainment Tax issue.”
The tax is a 10% add on to any live entertainment in Nevada. As reported in the article, it’s usually reserved for small venues and concerts with a max of 7500 people. If larger than 7500, a 5% tax is usually applied, but for larger gatherings like EDC, the tax has been exempt. Discussion in the legislature now focuses on eliminating loopholes on this tax or making it simpler for all that it applies to. Since EDC brings so much money to the Las Vegas valley, this move is raising eyebrows as anti-business.
Last year, the festival brought over $200 million dollars of revenue to the city and over 320,000 attendees. Common sense says that the legislature will do everything in it’s power to keep EDC here, but you never know.
As more information comes to light we will update this article.
Audien has come out with a brand new track called “Circles”, out today. The track features the beautiful vocals of Ruby Prophet and a catchy, upbeat melody that is sure to have you smiling.
Trapstyle producer, Mayhem, showed up big this week with his remix of the oh-so-ratchet “Type of Way” by Rich Homie Quan. I love this track because he took a song that was already a catchy heavy hitter and stepped it up in all areas – the horns, the bass, the cymbals.
Rising EDM star DJ Cole Plante and worldwide interactive entertainment software company Electronic Arts are teaming up to give aspiring DJs and musicians the chance to remix the anthem of one of the world’s most famous games. EA has announced the kickoff of the Tetris® Blitz Remix Challenge, an online contest that gives participants the opportunity to create their own remix of the iconic Tetris theme song, “Korobeiniki”, to be featured in the Tetris Blitz mobile game.
I love Showtek. I love their track “Booyah”. And I especially love Cash Cash. Put all three together and I’m not sure if I’ll be able to handle myself! Spinnin’ Records released a few “Booyah” remixes today and this one especially caught my eye.
Diplo has released his new EP entitled “Revolution”, and it is chalk full of great tracks and collaborations!
MAKJ and M35 have come out with a brand new banger called ”Revolution”, out now on Spinnin’ Records. The track has that fast paced rave beat that we all look for to get pumped, complemented by a climactic chorus melody that makes you want to throw your hands up.