Posted: | October 14, 2015 03:24 PM |
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From: | Representative John D. Payne |
To: | All House members |
Subject: | Authorizing Slot Machines in OTW’s and Other Facilities |
In the immediate future, I will be introducing legislation to permit the operation of slot machines at nonprimary (Off-track Wagering Facilities) and ancillary locations. Under the bill, Category 1 (Racinos) would be permitted to operate up to 250 slot machines at 2 OTW locations. Additionally, Category 2 (Standalone Casinos) slot machine licensees would be authorized to place up to 250 slot machine in 2 ancillary locations. In order to operate slots in these locations, the casino would pay an application fee of $5 million per facility. Additionally, revenue from these slot machines would be taxed at 54%, which will be deposited into the General Fund. Please join me in co-sponsoring this important piece of legislation. |
Introduced as HB1646