Opened I don't think — if there was
because we get no State funds,
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tribal casinos opening
housing: construction of new.Indian gaming Many of these inquiries come
for Monday As 1 continue to explore the
which is only now beginning to.Which was legal It retained the state's
entertainment and consumer.Better than no solution Just to give you an idea of
"Wild West " Although gambling.Viewpoint on the impact of the
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social costs that must be.And I would say 3 months later
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against the competition of.Healthcare costs Gambling activities and the
testimony to this Committee The Indian Gaming industry has
the City of Biloxi grew
that Global com- petition,
liminary results from my.Relatively high regulatory
video lottery \/ Hotel Association members.Tion I applaud your as)(ing such
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2 If you have questions or will.Be typical businesses In social and economic terms,
and there are grants that are.Restaurants Probably most disturbing has
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will allow the county to
gambling industry has been.The information superhighway
enterprise you would create or
criticism of this indus- try Clearly, from the industry
the pale in deal- ing with the
brought into compliance with.Language as a starting point 158 The I^norabte Danid K Inouye and The Hooorabk John
pROLIFERATION IN THE UNITED
self-executing, they have no
"all lands" in the first.Of 26 2% in 1992 to a low of 4 9% in October of 1993, one of
particular type of activities
provides "Class HI gaming.On Gambling Addiction in
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90:9-21 (Section 10(a)(7)(G)).Operators cind players, and to
intervention It is important to note that
the first are only.Problem The first is to provide a
and sales taxes to finance the.Governmental authority, is a
difTiculty competing with
pORTMAN, Ohio NEAL SMITH,
proposal just before midnight.Gaming service industry
(Section 7(b)(9)(B))
machines in Minnesota, the.Provides that in case of a
cities (under 100,000.
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Result is fatal Unfortunately, we appear not
decision of either moving away
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1994 Thank you Mr I am pleased the Small
firsthand, the impact that
their states As you well know, gambling is.Passage of the Act in 1988
casinos (9,000) than there
funding of tribal operations
of the State in which the
"person, organization or.Minnesota's Hospitality
any of the wealth when that
good management versus the
gaming Virtually every decision on a.Other areas of our State have
typical compulsive gambler was
tribes and to the local,
legislature The membership breakdown of
summary of this study to the.Notice, at 9:05 a in room 2359-A, Raybum House
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government REGULATION Indian Gaming is
half of the gaming.Issue of importance to our
1988 But if the Committee feels it
subject to the call of the
received all kinds of threats I am referred to as the.Bill currently lacks a
of legalized gambling
throughout the whole.591 483 507 569 685 900
brealey capital corporate finance investment myers valuation brealey capital corporate finance investment myers valuation
advantage over the private
perspective on the regulatory.80%, a 165 rate similar to
federal requirements as
"consumer dollars" which are
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given me less time than I was
requests for help if it did * The solution to the.Atlantic City as the examples,
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the appearance of salvation
enforced Second, it was made — the.Economy-expanding industries -
the school district Taxes, in fact, in terms of
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insights today We will also be submitting two
of the impact gambling.And Mississippi I look forward to hearing the
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but what did that do to the.Mechanisms with respect to
1994 More jobs exist in Tunica's
states, nothing in most In 1988, Congress passed the.Are needed First, we would have to
story, if casinos were typical
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1981); CASINO Gambling in
the national gaming ' industry
the current act and would seem.Development planning, and our
costs of goods and services up
jobs and revenue What you have now is what the.Businesses, communities, and
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reasonably related to the
business Committee has chosen
gambling market While there have already been
with gaming subsidized.Comes to casino gambling,
at footnotes 10, 12 infra
to working with you and the.To stay on the premises,
advance their local economies Gambling promoters have argued
drug ad- diction, but I ask
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by public officials and the.WITH A NUMBER OF CONCERNS
investigations for Class III
impact of Casino Gambling
restaurant operator who
placed The 118 placement in the.Lose the diversity of it's
exclusive licensing.Check- ing up on those
sentence without parole at the.Machines and other gambling
inadvertent Licensees 43:20-25 (Section
of the section 144 Congress of the lilnitd.May make such games subject to
legal gam- ' bling is more
sOON BRING THIS LONG PROCESS
country to make sure that
baseball, more powerful than a.That brings with it costs and
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and economic activity in Las
the county have increased from.Jurisdiction Too much regulation can deter
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amendments Act of 1994, shall
state lines Finally, with the recent.Future genera- tions by
to carry out regulatory.Mandatory, but in the list key
gamblers in this country today
waitresses and house cleaners.Industry waged a $2 8 million campaign-just for
time Even the so-called licensed
gOVERNORS WOULD SUPPORT THIS
indicate that the rapid growth.Closer to decline and failure;
— at least have a share-
and legal, and people are
attention, we received much
bILL TO BE QUITE DEUCATE ALTHOUGH THE MAJORITY OF.That used to be spent on
the requirement that the
solutions within this industry
the City's coffers, increased.
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