On this holiday all state, county and city government offices are closed, along with most schools and libraries. Some private businesses, like banks, also close at their discretion. In Nevada's capital, Carson City, a parade is held through the heart of downtown, as well as a carnival and several other events.
In 2000, following two successful referendums by the state's population, the Nevada Legislature decided to celebrate the holiday on a Friday, hoping that a three-day weekend would generate more interest. Nevada Day is now observed on the last Friday in October. But most of the big events in Carson City, including the parade, occur on the following Saturday. This was shortly followed by Las Vegas and Henderson adding up to three Nevada Days throughout the year in addition to the actual holiday which are determined by city council vote during the first week of each legislative year.
Until 2000, Halloween was observed in Carson City, Douglas County, Lyon County, and Storey County on October 30, so as to not conflict with the holiday.
The vote of the people was geographically one sided, with booming Clark County and its heavy California import population, voting overwhelmingly for a three day weekend, whereas the remainder of the state voted strongly to keep the date on the historic October 31st.
Since 2000, Carson City's newspaper, Nevada Appeal, has sponsored a month-long "treasure hunt" each year in October (except for 2003 and 2004) to celebrate Nevada Day. Beginning on the first Monday, a clue is posted on a web site set up for the contest each weekday, which help narrow down the search area. The clues all have to do with Nevada history, and so it encourages people to study it in order to find the "treasure". Upon finding it, the treasure (which is a small plaque referred to as a "medallion") can be redeemed for up to $1000. 
In 2003 and 2008, the legal holiday for Nevada Day fell on October 31, the actual day of admission.
Nevada Day is presently a state holiday recognized on the last Friday in October with the parade on the Saturday following.
Nevadans love a parade and what better way to celebrate our heritage! Each October, Nevadans turn their attention to Carson City, Nevada's state capital, home of the Nevada Day Parade.
is Saturday, October 29, 2011
Sources: Nevada Day website, Nevada State History (UNR textbook), Wikipedia.