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With a more than $18 billion deficit on the next two years’ budget, Texas lawmakers are at their wits’ end trying to find new means to fund the state’s expenditures other than making cuts in the budget.
The New Hampshire Senate will introduce a revised and downsized version of a video slots bill whose forerunner was rejected by the House after it passed the Senate earlier this year.
Japanese law on gambling does not allow casinos. Only a few forms of gambling are permitted in Japan, such as mah-jong, pachinko, the lottery, and wagering on bicycle, motorcycle, motorboat and horse racing.
The Kane County Board will meet on Tuesday where members are likely to re –evaluate an option decided on last year to opt out of a state legislation allowing video gambling machines in establishments with liquor licenses, whose revenues would fund about a third of the state’s capital improvement program.
In a poll conducted in Kentucky, a greater percentage of potential voters give an unfavourable assessment of the lawmakers’performance and say they support the proposal to expand gambling at horse race tracks as a way to bring in money to the state.
The city of San Jose, the third largest in California, is facing serious problems on budget shortfall and layoffs of employees. This coming June 8, San Jose residents will decide on a ballot measure that would raise the card room tax rate on gross revenues from 13% to 15%, allow the card rooms to increase the number of card tables, and remove the limit on betting and allowable card games.
The Mississippi Casino Operators Association reported that gambling revenues in Mississippi in 2009 was $2.46 billion, lower than in 2007 and in 2005 when Hurricane Katrina devastated the state.
A vote in July on legalizing casinos in Bermuda is now highly unlikely after the majority of the Members of Parliament opposed it following a long debate in the House of Assembly.
In a 20-19 vote against the bill, the Kansas Senate rejected by a narrow margin Friday night a measure to expand gambling at the state’s racetracks after the bill was caught up in a debate over smoking ban.
Overall revenue from casino gambling in 2009 dropped 5.5 percent in eight of twelve states that have casinos, or a decrease of $1.8 billion from the $32.5 billion revenue in 2008. This was announced Thursday by the American Gaming Association.