The city of Miami Gardens could expect an annual windfall if the slot machine initiative before voters this month is approved.
The city council voted last week to approve an agreement with Calder Race Course giving the city 1.7 percent of gross profits from slot machines.
Bill Storrs and his father, Larry, are on a personal campaign to legalize casino gambling and video lottery terminals, as a way to lessen the property tax burden and better pay for schools.
Together they've spent several thousand dollars traveling and maintaining a Web site, Casinos in Texas.com, devoted to the cause.
ST. PAUL - Jumping on the gambling bandwagon, a pair of Iron Range lawmakers Monday introduced legislation that would allow bar owners to install up to five slot machines.
The estimated $800 million in profits from the machines would be split between the bars, charities and the state. A state environmental trust fund would get about $35 million each year and $17 million would be earmarked to help compulsive gambling problems, said Sen. David Tomassoni, DFL-Chisholm.
2004 was a key year for the gaming industry to recognize that there enormous growth left in online gaming and set the stages to go more aggressively after more players in the coming months. While gaming experience promises to become even more dazzling, the industry learns how to convince players to shell out extra cash.
They rarely set foot inside a betting shop, but women have taken to online betting and casinos in their tens of thousands, according to new research.
While women make up just 5 per cent of customers in traditional betting establishments, 40 per cent of those choosing to get their gambling fix online are women.
For more than a year now, Gov. Tim Pawlenty has been laying the groundwork for creating new state gambling revenues. In his budget address Tuesday, he gave his clearest indication yet about the direction he's chosen. But the gambling debate straddles many political fault lines and cuts across party loyalties, making it a tricky issue to negotiate.
The U.K. government will within months tighten a loophole on Internet gambling, making online services pay more tax according to reports, citing an unidentified government official.
The Donald went bust. Borgata boomed. Resorts got bigger. Caesars got swallowed up.
Tropicana threw open the doors to its dazzling but star-crossed expansion project, a $280 million retail-and-entertainment colossus called The Quarter.
A key Republican lawmaker will propose his own financial deal
to help keep the Indianapolis Colts in town by adding 5,000 slot machines -- all at the state's two horse tracks, but none Downtown.
Even though the city would get a cut of the gambling money, it falls $16 million a year short of Mayor Bart Peterson's request to finance a new stadium.
New Yorkers were checking out the big-shouldered burg in its early stages of development. One tough guy offered his opinion. "I like the dirt, the crime and the crowding. But it's just not cold enough!"
Fast-forward to Indianapolis, 2004. Mayor Bart Peterson and others are prepared to launch us into the future with a new Convention Center and stadium for the Colts and other sports events. The deal is looking sweet. Then a wise guy pops up. "I like the football and the basketball and the convention business. But there's just not enough slot machines!"
