Archive for February, 2008

12 February

No Casino Games In Kentucky

Kentucky Governor Steve Beshear announced that the casino initiative he was backing to bring in slot machines, roulette wheels, and blackjack tables into the states is dead.  Coming a week after Massachusetts announced the rejection of their own casino bill, the decision is now added to defeats from Ohio and Nebraska that occurred two years ago, signifying a slowing of casinos after a period of expansion that has lasted for twenty years.

The trend of casinos and gambling throughout the country seems to be on the downswing and many lawmakers will not even consider debating the bills when they hit the legislature floor.  Kentucky lawmakers debated it for three months, but decided not to approve the bill.  The state will have their flagging horse racing betting, but there have been concerns over how the tracks and industry will continue to be funded.

Representatives of the American Gaming Association do not thing there is a trend developing as the rejections came from the lawmakers and not the general public.  They believe that the public is for the casinos and resorts, and the jobs and revenues they would have brought in.  With the American economy in such a poor shape, these jobs would?ve been extremely welcome.  So far thirty-seven of America?s fifty states have some form of commercial gaming or horse racing in them.  Most of them were built during the 1990s.
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