Thursday, January 25, 2007

WV Gaming Law Update

It was reported yesterday that the Table Gaming Legislation (not yet introduced as a bill) only calls for about 12 percent of the gross proceeds to go to the state. Governor Manchin wants that percentage to be 24 percent. According to the State Lottery Commissioner, the higher percentage is more in line with the state and industry. Gaming industry officials say they want the lower percentage so they can build and renovate to make each Race Track a "resort" facility.

I hope they can compromise on the percentage. This one of the things that killed the bill two years ago. If they do not find a compromise, then the visitors from Pennsylvania will stay in their state and play their slots there, people working at the tracks will lose their jobs, communities will get less money for local projects, and most importantly (hee hee) I will not be able drive 20 minutes and play poker.

More updates later.

Enjoy the Pokery Goodness!

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