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Recession - Good for gambling?
Published:  09 March, 2009

South Carolina shut down its legal, multibillion-dollar video poker market in 2000, and operators unsuccessfully fought the ban in court. This year, a state senator may try to assemble several lawmakers to write a ballot referendum to revive the state's payoff video poker market. He will launch a referendum campaign in April if no alternative fundraising plan is introduced. Equipment taxes could raise $750 million annually to fund state programs for low-income citizens.

Currently, at least 14 states are considering proposals to allow or expand slots and casinos as a means of reversing declining tax revenues.







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