Bangor Maine Officials Looking for Slots Expansion
Tuesday, January 25th, 2011Now Maine officials are joining in on the argument for slots gaming to be used as a means of shoring up state coffers. There is a possible legislation on the table that could change the gaming rules in Bangor, Maine. Right now, Bangor’s City Council wants to make sure that the new bills coming into affect don’t cut down on the amount of revenue they get from Hollywood Slots Casino. As of right now, the city of Bangor takes one-percent of the 39% tax rate on net revenues that the state has, in addition to 3% of the direct revenue from the facility. The city is using that money to build its own convention center complex and arena that is said to be estimated at a $65-million project. This new legislation is expected to change the face of gambling in the state because of the tremendous push by the voters for changes to be made. Of course back in November the voting public spoke and agreed overwhelmingly that slots should be brought into the state. One of the reasons that this is such a hot topic in the city is because of the huge dollars that are available through slots gaming. Right now the money is being used to make changes in city infrastructure and other municipal improvements. Welfare reform is also a priority for the state’s legislators and namely the governor Paul LePage.
Only time will tell if the argument goes through, but right now the state is relatively confident that they are going to be using the slots revenue as a means of sustaining themselves. It is the most lucrative activity they have going for them right now and it could substantially keep them going throughout the 2011/2012 budgetary years. You can expect gambling to be expanded even farther if this plan goes through, which most likely it will in time. Legislators love the idea of having slots gaming initiatives because they know just how lucrative the games are and how popular they are with gamblers. You can expect expansions throughout the state and all states in the US for that matter in the coming year.

