Casino 1995 Gross Revenue

Official results via: The Michigan Manual 2009-2010 Text of measure. The language that appeared on the ballot: Proposal E would enact a new law to allow up to three casinos in the City of Detroit, establish a Michigan Gaming Control Board within the Department of Treasury to regulate casino gaming, impose an 18% State tax on gross gaming revenues, allocate 45% of the State tax revenue to the. Financial analysis of Casino (1995) including budget, domestic and international box office gross, DVD and Blu-ray sales reports, total earnings and profitability. Gaming Credits for purposes of calculating Taxable Casino Gross Revenue subject to the 8% tax. Beginning November 2013, the 15% tax on Internet Gross Revenue is deposited into the Casino Revenue Fund. Casino Licensees are permitted a deduction from the 8% tax on Casino Gross Revenue for Promotional Gaming Credits related to Internet Gross Revenue.

Gaming Revenue and Statistics

• Transfers to the General Fund (From Fiscal Year 1972 through Current)

• Gross Sales For All Forms of Legalized Gaming (From Fiscal Year 1972 through Current)

• Foxwoods Casino Schedule of Selected Video Facsimile/Slot Machine Data(From inception)
• Mohegan Sun Casino Schedule of Selected Video Facsimile/Slot Machine Data(From inception)

Please note: The graph below shows the collected totals for a full year. The current year's data will appear to drop from previous years until the final month's data has been collected and uploaded.

STATISTICS FOR GAMBLING REGULATION

• Charitable Games
• OTB

Casino Cast 1995

• Greyhound Racing
• Jai Alai
• Pari-mutuel Facilities

Background

New Jersey has a state lottery, pari-mutuel betting on horse-racing, and gambling on slot machines, table games, poker, and simulcast race betting in Atlantic City casinos.

Casino Gaming

Development: Casino gaming was approved by statewide referendum in 1976, with casinos restricted to Atlantic City. There is no legislative limit on the number of licenses or machines permitted. The legislative intent was to use gambling as a unique tool for urban revitalization of Atlantic City, and to generate revenue to establish new or expanded programs to benefit senior citizens and disabled residents.

Regulation: The state's gaming industry is overseen by the New Jersey Casino Control Commission, which licenses casinos, vendors, and employees and issues regulations, and the state's Division of Gaming Enforcement, which investigates and polices the industry.

Taxation: 9.25% effective rate, including gross revenue tax (8%) and mandatory contribution to the Casino Redevelopment Agency (1.25%)

Currently, there are 11 casinos in Atlantic City: the Atlantic City Hilton, Tropicana, Trump Plaza, Caesars Atlantic City, Bally's Atlantic City, Resorts, Trump Taj Mahal, Showboat, Harrah's Atlantic City, Trump Marina, and the Borgata

For detailed statistical information about Atlantic City's casino industry since its inception, see the Atlantic City Casino Statistics pages.

Lottery

Development: The New Jersey Lottery was approved by referendum in 1969. The 81.5% majority in favor of the lottery is one of the largest in New Jersey history. The first ticket was sold on December 16, 1970. The legislation that created the New Jersey Lottery also established a Commission of seven, non-salaried, bipartisan members, appointed by the Governor with the advice and consent of the State Senate. Commission terms are five years.

Beneficiaries: Since its inception, nearly four decades ago, the Lottery has dedicated over 17.2 billion to programs that benefit millions of New Jersey residents. Educational opportunity programs, the Department of Human Services, the Department of Military and Veterans Affairs, the School Nutrition Program, and the Marie Katzenbach School for the Deaf are just a few of the organizations and programs whose constituencies benefit from Lottery proceeds.

Racing

The New Jersey Racing Commission is responsible for regulating the safety and integrity of the horse racing industry through the conduct of investigations, prosecutions and via regular monitoring. The Division of the New Jersey Racing Commission has jurisdiction over New Jersey's thoroughbred and standardbred permit holders and the authority to regulate racing at the state's four racetracks

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