Jackpot is an unincorporated town in Elko County, Nevada. In 2005 it was estimated to have a population of 1,416. Located less than 1 mile (1.6 kilometers) from the Idaho border on U.S. Route 93, Jackpot has been a popular casino gaming destination for residents of Idaho and other neighboring states since its founding. Jackpot is located approximately 45 miles (75 km) south of Twin Falls, Idaho, a city of approximately 40,000. Although officially part of the Elko Micropolitan Statistical Area, Jackpot is often considered part of the Greater Twin Falls region. After Idaho outlawed all forms of casino gaming in 1954, "Cactus Pete" Piersanti and Don French moved their slot machine operations from Idaho to the Jackpot townsite. Piersanti's and French's gaming establishments were named Cactus Pete's and the Horseshu Club respectively. Piersanti in particular is credited for founding Jackpot as well as for naming it. Cactus Pete's management took over the Horseshu in 1964 to form what would eventually become Ameristar Casinos. The Ameristar-owned Cactus Pete's and Horseshu, as well as the independent Barton's Club 93 and the Four Jacks Casino, form the basis of the town's economy to this day. Collectively Jackpot-area casinos are the largest employer in southern Idaho. In addition to its casino industry, Jackpot has its own schools, golf course, and post office. Due to its economic ties with southern Idaho, particularly the Magic Valley region, Jackpot observes Mountain Time, (one of five locations), although it is officially, like the rest of Nevada other than West Wendover, in the Pacific Time Zone.

What is business organizations?

Involves advising business owners on start-up considerations and legal structure options -- such as sole proprietorships, partnerships, corporations, limited liability companies (LLCs), and non-profit organizations -- and handle the formation of new business entities and filing of all necessary documents (i.e. articles of incorporation). Major factors affecting how a business is organized may include the size and scope of the business, the sector and the country, limited liability, tax advantages, and disclosure and compliance requirements.

Answers to business organizations issues in Nevada

A business may be conducted in a number of different forms. Those forms consist of a sole proprietorship, a...

As long as you and close associates and family members...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

A nonprofit corporation is a group of people who join...

Here are some circumstances that might make it worth your while to incorporate and get tax-exempt status:

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