Nev. Ride-Hailing Revenue Now Half of State's Transportation Budget
For the 2020-2021 budget, $2.58 million of the total $5.6 million has been derived from ride-hailing groups.
Nevada Transportation Authority officials said that 42,869 people in the state drive for ride-hailing services.
Photo via Tony Webster/Flickr.
Revenue generated from ride-hailing companies in Nevada now makes up half of the Nevada Transportation Authority's yearly budget, the Las Vegas Review-Journal reports.
For the 2020-2021 budget, $2.58 million of the total $5.6 million has been derived from ride-hailing groups. Uber leads the way, accounting for 60% of the state's ride-hailing revenue; Lyft makes up the remaining.
Nevada Transportation Authority officials said that 42,869 people in the state drive for ride-hailing services.
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