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Online Casino News for Saturday - January 31, 2004

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• Recent Indian decision concerns Connecticut
• Sebelius views Kansas as great casino location
• Rincon strives for December launch of $165 million hotel development
• Tribe discloses its casino offer
• Snowbirds crowd casinos' coffers
• Penn National validates casino license proposal
• Video poker sign measure clears House
• Gambling stocks see January hike; gauge outpaces greater indexes
• Sebelius suggests project for 5 new casinos
• Gaming Board keeps bid details secret
• Competition sneaks up on Atlantic City casinos
• Illinois could be first to acquire casino
• Revenue official retires abruptly
• NBC watching Trump card
• Casino proposal gives state ownership
• Legislation needs Indian casino authorization
• Slots advocates see bonus in licenses
• Penn Gaming reveals intentions for Emerald Casino
• Rendell to create his own gambling bill to authorize slots, racetracks in the state
• A Bad Bet
• 240 workers laid off at casino
• Legislators Promise to Finance Thornton Program
• Ricci's son sues over estate, as well as track operation
• Video Slot Games Show Up in Retail Stores
Online Casino News
Rendell to create his own gambling bill to authorize slots, racetracks in the state - 2004-01-31
Hoping to make property tax relief a reality, Gov. Ed Rendell revealed Tuesday that he was drafting his own gambling bill to allow slot machines at eight racetracks and four other venues in the state.

Last summer's efforts to legalize slots was unsuccessful after lawmakers declined to concur with the demand by state Sen. Vince Fumo, D-1, Philadelphia, that Delaware Indians be given at least one casino license.
Read the full story at Beaver County Times
 
A Bad Bet - 2004-01-31
Gov. Ed Rendell's latest gambling expansion plan seems to supply a whole lot of gaming for minimal public gain.
Though the governor hasn't completely disclosed how his plan would work, he suggests that the average homeowner would see a 23 percent reduction in property taxes.

Under the Rendell plan, only 34 percent is contributed to the state for tax relief, with 46 percent going to the casino owners and 18 percent for horse owners, breeders and riders.
Read the full story at Patriot-News
 






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