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Anyway...
How much revenue will this generate for the Capital Bill. Have they produced their estimate?
Why the capped pay-out of $500? I understand capping the maximum bet, but why on earth cap the pay back? Isn't that part of the allure of gambling, receiving odds for the longshot bet? I don't think that needs to be mandated, and I believe it may be counter productive in the end.
And lets remember that this is the very same justification used to introduce casinos here in the first place - just look how well that has worked out for school funding (sarc off).
This is just another ploy for separating the people from their money via taxes.
But not until they beef up the Gaming Control Inspector force to patrol these machines. And I'd much rather see the federal government legalize online poker, but that's a whole other ball of wax.
The key number there is "21 - The minimum age to play"...
5% may go to "local governments" but the number of violations police officers will produce when they send an 18 or 19 year old in for a sting will be pretty dang high in and of itself.
Can't the lege grow a pair and find another funding source (...or cut some of their own bennies) besides gambling?!
Or is every VFW and Legion hall in the state going to have to put up a sign with "Gambling problem? Call Rep. Frank Mautino."
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jlp309 says, "This is just another ploy for separating the people from their money via taxes."
You can choose to lose your money while gambling or you can choose to keep your money in your pocket.
Up to you. (Just like speeding tickets, cigarette taxes, etc.)
As an aside, one of my local watering holes has a new amusement device I'd never seen before. It's a Lobster Catch game, similar to the claw games kids play to get stuffed toys.
Put two bucks in, and you get a chance to manipulate a claw to catch a live lobster in a tank contained in the machine. If you do, the bar will boil it up for you for free!
I'm anxiously awaiting the PETA protest outside this wonderful establishment.
Where??
Don't these law makers have any new ideas on balancing the budget or funding the building of new schools?
Do you think that any establishment that currently has illegal machines will convert to legal ones? if the "Outfit" does control the existing machines, who thinks they will walk away with nothing?
The size of the revenue stream is unreliable so the bondholders will want a backup.
Nonsense
The next Reality TV Sensation...
...Starrring Rod Blagojevich as the Zany Bar Room Chef! "Lemme Boil that Lobbyster Four ya!"
...Emil Jones as the Doorman!
...and Rich Miller as the Friday night Karaoke DJ!
But I agree it is time to legitimize activity already occurring and make money from it.
Regarding the Lobster Catch game, the machine is obviously made by a professional amusement device manufacturer -- it's not a homemade job by any means, so I'm sure there are a number out there.
The one I'm referring to can be found at one of the many fine neighborhood, family-friendly restaurants and bars and grills on Madison Street in Forest Park -- happy hunting, if you're so inclined.
In terms of overall revenue, keeping the money dedicated toward school construction, is OK, but these dedicated funds are always part of a larger shell game.
Their ability to use 'persuasion' as well as better taxfree payouts better than the state will allow them to continue to make a lot of money.
Come to think about it, the state is starting to behave like organized crime. Think about it
===== It’s already occurring in many places and why shouldn’t we get some important public works out of existing behavior/transactions? ====
First, why not just increase the income tax on video machines without legalizing gambling on them. We get the money from the current conduct, plus retain the right to seize the illgotten gains if we find illegal payouts.
=== someone is making big tax-free bucks off them. ==== technically they are supposed to pay taxes on the earnings. if they are fudging earnings, nothing here stops this. The payout is limited to 500. So they in theory would get reports of people earning the cash payouts that could no be taxed, assuming this information is not falsified or misreported as well. I would suggest that the illgeal activity wil remain components that are sitll illegal to minimize the collection of taxes.
We need less sin taxes and more fair taxes.
Let's take that a few steps further, shall we? Since prostitution is already occurring, should we legalize that? Nevada already does to some extent.
Since pot/crack/heroin/meth/etc usage is already occurring, should we legalize that?
Since rape is already occurring, should we legalize that?
Since murder is already occurring, should we legalize that?
Yes, I understand that I'm being absurd. But the point is that society does not gain from legalizing actions that are bad for it, even if it makes a few bucks in the process. And to mask this moral dishonesty by saying that we will build a few new gymnasiums for Johnny and Suzy as compensation is just plain wrong.
Also, based on South Dakota Statistics, the income for the state could be around $750,000,000 per year.
No, because it contributes to Nevada's status as one of the unhealthiest states in the US.
Since pot/crack/heroin/meth/etc usage is already occurring, should we legalize that?
I see federal and state movement to legalize and regulate pot, but not the others.
Since rape is already occurring, should we legalize that?
Not a source of potential tax revenue.
Since murder is already occurring, should we legalize that?
Same answer as above.
Fact is, we have always drawn 9and re-drawn) a line on which vices are allowed and which ones aren't, based on a variety of factors.
There is no way the bars and clubs will turn over 70% of their profits on their machines. They'll keep them in the back rooms.
Ratchet down your tax revenues expectations, people.
The owners say they would gladly pay the tax on legal machines so they can sleep better knowing they will not get busted for gambling.
1. This activity is occuring across the state, most notably in veterans clubs (some have over 100 machines in back rooms).
2. The bill will likely DECREASE the # of video poker machines in use in the State because it imposes limits (for example the vets clubs would be limited to 5).
3. The bill will guarantee the "fairness" of the machines (right now they can be manipulated by their owners - the bill will set them up for state inspections and standards).
The max payout is set at $500 b/c poker should not be seen as a potentially life-altering game. You're not going to get rich playing video poker. People will drop $20 weekly on lottery tickets b/c they think they might become millionaires... Whereas the low-dollar maximum payout on this game demonstrates that it is just that - a game.
The state needs money.
This is an activity that is already going on, that is no more "unwholesome" than any other forms of already legal gambling, and this is an industry that is literally saying "Tax me!"
It almost seems silly not to.
Your argument makes absolutely no sense in its proper context. Completely illogical, wildly over the top comments like that one aren't welcome here. Please don't do that again.
===The max payout is set at $500 b/c poker should not be seen as a potentially life-altering game. You’re not going to get rich playing video poker.===
That would explain the maximum wager limit, not the maximum pay out limit contained in the bill. I'm not John Grachowski, but it seems to me if drawing a straight flush is 1000-1 odds, a $2 bet should pay the winner $2,000. Capping the payout doesn't make sense, and likely will restrain whatver profits the state hopes to tax.
Cap the maximum bet, OK fine. But you really make it more of a sucker's game by arbitrarily reducing the pay out odds. Most casinos don't pay true odds to begin with, but no way I'm putting my hard earned $2 at risk for 250-1 payout on a 1000-1 chance. It doesn't make sense.
Would the bill's authors enforce this just on non-casino video poker or make the casinos change their machines too? Then you have unequal protection and a host of other issues.
My apologies for going wild. I appreciate your comments.
I'm passionate about this topic because I've seen several people's lives destroyed because of gambling - most of it legalized. Where do we draw the line on gambling? How much is too much?
Whoa, I don't think those are back rooms any longer -- those are casinos!
The more I hear about this underground industry out there, the bigger it sounds.
On the regulation side, I would believe that the State Gaming Board will have to be expanded tremendously to handle all of the licensing applications. Especially since the bill requires that an application be processed in 90 days or it gets an automatic approval. I think a lot of approvals would be given a pass without the appropriate scrutiny.
If folks insist on gambling and the state wants to tax it, fine. But those with addiction/behavioral problems need some protection. What bar will turn someone away from a machine by saying "you've lost too much money today I have to cut you off" similar to "you've have too much to drink I have to cut you off"?
At least casinos have some form of legal blacklisting arrangements to try to keep out those with true gambling problems. How will this work in say 750 bars and taverns scattered throughout the state? Or 2,000 bars?
Machines don't talk back or measure a person. I'm generally not opposed to gambling but enforcement limits? I don't see how that will be possible.
HAHA thats great. the first thought that went through my head...we do not allow kids to smoke in fraternity houses, but they can get poker machines in them now?
Im going to head to Champaign right now and lock them in!
Some have stated this bill should not pass because it "masks a moral dishonesty" and "it tries to justify a bad thing." Obviously, these statements were made by principled people with high moral fiber. However, what place does one person's morality have when determining legislation for the entire populace? I suggest that your moral opposition to gambling is not a legitimate reason to prohibit gambling for the rest of us.
I read the law...they MAY be claiming that there is no license to SERVE booze, hence making them ineligible, however, I know at my school, we were allowed to serve beer and wine to people over the age of 21...Equal Protection is a wonderful clause.
Every private school, including non-wealthy non-profits, finds myriad ways to fund everything.
Yet, our near monopoly of public education, which has failed to improve test scores for decades despite huge increases in funding, can't lift a finger to raise any money themselves?
Are our public schools really so incompetent or badly run that nobody would ever donate to them?
Most people think education is a great investment worth supporting, so why not ask our rich neighbors to make a donation, rather than forcing higher taxes on our poor and middle class neighbors?
Wouldn't schools perform and communicate with the public much better if they had to convince locals and alumni to make donations that would be matched proportionately by the state (with higher matches for poorer districts)?
When are we going to teach schools how to fish instead of giving them more fish?
Huge increases in funding? They have seen funding cut year after year, while expenses continue to skyrocket. They are being asked to do more with less and less.
The issue at hand, however, is gambling and the fact of the matter is that it is legal in casinos and in every gas station/convenience store that sells lottery tickets and scratch-offs. I find it incredibly hypocritical that most of the people I know who are opposed to gambling in the forms of poker in any form are also people who make sure to hit the convenience store every week for their chance at the million dollar jackpots or buy in to their office's NCAA pool every year.
The way I see it is this - either gambling is legal or it's not, but you don't get to pick and choose who gets to reap the profits from it based on which forms of gambling you think are more moral. These machines are out there, they are being played, and they are earning lots of money. Why not tax that if we are going to allow casinos and state lottery?
Did anybody not hear about the raids that happened under Blago? He sent people in to small taverns all over the southern half of the state and arrested bartenders making less than minimum wage for "supporting" video poker because they worked in places that had them, all the while wanting to increase gambling in riverboat casinos. The people who work in bars and taverns across this state are in more need of the money made from gambling than any businessman who owns a casino.
I choose to smoke. I know it is bad for me, but I don't care. For that, I know that I am going to pay more in taxes for every cigarette that I buy, and I think that's fair. If you choose to gamble, then I think it's fair that there are taxes collected on that. What I don't think is fair are the calls to raise the income tax or the sales tax. We already have a high poverty rate in this state, and raising taxes on things people HAVE to buy, like sales tax on bread and milk, is just going to increase that problem.
The state is going to have to increase taxes somewhere and make budget cuts elsewhere, or this state is going to go even further down the toilet of debt. I say legalize video poker and take a share for the state to pay for our roads and our schools, and those people who are against gambling can just choose not to gamble.
The Illinois constitution guarantees a free state education, but....
I have three kids in public schools and by a quick estimate, kick in about $900 bucks in various fees -- beyond property taxes -- over the course of the year. Then comes the PTO fundraisers, the band fundraiser, the sports teams fundraisers, the end-of-year trip fundraiser, et. al. ad infinitum. Then there's the volunteer time as well.
Nothing of value comes easy or cheap.