Casino Sues Ledyard Over Taxes On Slots
The owners of the Foxwoods Resort Casino and a New Jersey slot machine distributor are suing the town of Ledyard over property taxes levied on leased machines.
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Interesting gambling information:
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
- Gambling became legalized in Vegas in 1931 by Mayme V. Stocker and J.H. Morgan who was issued Clark County Gaming License No. 1.
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
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