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Louisiana Bill Will Reduce Casino Revenue Going to Racing by 50%

Written by Gordon Jinn
Louisiana Bill Will Reduce Casino Revenue Going to Racing by 50%

A new bill in the Louisiana legislature could potentially take $36 million off the state’s horse racing industry.  The monies will be rather directed towards a scholarship programme in the state.

This bill will cut the monies from casinos and destined for the state’s funding to purses and breeders by roughly 50%. The bill is being scheduled for a hearing in the coming week to be heard by the House Appropriations Committee.

The bill will not divert casino revenue destined for the casino owners, but the total monies received from slot machines on the track will probably decrease from 18%-9%.  Monies earned from video poker will decrease from 20%-10%.

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Gordon Jinn

Founder and Head Casino Reviewer

The man who runs the show since day 1. Loves NetEnt games in particular. Had more luck in games then love. Favourite game is Twin Spin. What Gordon doesn't know about casino isn't worth knowing.