Indiana lawmakers hope for big payout with slots bill

INDIANAPOLIS (AP) — Lawmakers appeared closer to a deal Sunday to allow slot machines at Indiana’s two horse racing tracks - a move that would funnel more than $500 million toward property tax relief for homeowners.

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Sun, April 29th, 2007

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  • Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.
  • The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.