Lost revenue from Internet betting will be a focal point of discussion when the National Council of Legislators from Gaming States hold their winter meeting in January. The NCLGS was founded in 1995 and comprises state legislators responsible for gaming policy across the US and works for the “appropriate regulation of gaming, the education of public policy makers on gaming issues, the continued primacy of the states in deciding public policy on gaming.”
When announcing the meeting to be held at Harrah’s in Las Vegas, Florida State Senator and NCLGS president Steven A. Geller said: ‘Lost revenues from Internet gambling could be a budget-buster issue in many states. As state legislators continue to face severe revenue shortfalls going into 2004, the dollars illegally siphoned by offshore gaming platforms demand that public policy makers seriously address Internet wagering issues in their own states, and that they begin to interface and work in concert with Congress on the issue.
‘The NCLGS Las Vegas meeting will afford legislators responsible for gaming policy a forum to discuss and take concerted action on Internet wagering and other gaming issues’, Online Casino and Gambling Reviews reported.
Kentucky Casino Bill dead. Go gambling online?
As reported by, GamblingMagazine the bill that could have brought casinos to downtown Louisville is now dead.
The bill called for nine casinos across Kentucky, with profits tied to state government and the horse racing industry.
According to Larry Clark, the bill’s sponsor, the measure died when race tracks would not compromise on locations of the casinos.
The future of expanded gambling in Kentucky is now on hold for two years. The bill would have allowed Kentucky voters to decide the fate of casinos, and a referendum may only be on a state ballot during even voting years.