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Will Limits Be Raised?

Missouri and Colorado are in two very unique places right now. They are looking to their voters to increase limits on wagering so that they can make more money from their slot machines. Those that are for the increase says that the states would benefit greatly from the increase – as would their bottom lines. They are looking to increase wagering limits or eliminate loss limits.

But they are not alone, as voters in Maine, Maryland and Ohio are all looking at gambling increases or changes this year. There is a very public battle going on in Maryland right now for the right to bring in slot machines. Each state has a different perspective on slot machines and gambling, but one thing they all have in common is dollar signs.

They are all united in that by bringing in slot machines, or expanding gambling in any way, they have the potential to bring in a lot more tax dollars for the state. They say that with revenues going down they have had to look at other ways to bring in money and slot machines and increased gambling are the perfect way to do that.

Many are quick to point out that even though many are against the slot machines, it isn’t as if they are looking to make major changes. Places like California and Pennsylvania just really became slot machine states – allowing thousands and thousands of the games to come in.

They are looking for a smaller scale gambling expansion – just something to help them out – and help out tax payers. However, those that are opposed to the slot machines say that ultimately it is just another tax on the tax payers as they are the ones who will be playing them.

 

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