Prop A debate heats up: A benefit to schools or casinos?
With the clock ticking down to the election, the debate over Proposition A is heating up. A yes vote on Novembers ballot will: Increase state tax casinos pay from 20 percent to 21percent; Eliminate the $500 loss limit; Set a cap on the number of casinos in the state to those already built or under construction; Create a specific education fund from gambling tax proceeds …
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Do you know that:
- The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
- Casino is defined by the Webster's New World Dictionary as the following: a small country house, or a building or room used for meetings, or public amusements, gaming, or a game at cards.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.