Attorney General No.

SA2002RF0013

Secretary of State No.

964

Description

LEGALIZED CASINO GAMBLING. CITY OF EUREKA PILOT PROGRAM. INITIATIVE CONSTITUTIONAL AMENDMENT. Amends Constitution to legalize Las Vegas and Atlantic City casino-type gambling (sports wagering, roulette, slot machines and banking and percentage games played with cards or dice) for the next 28 years in the city of Eureka on experimental basis. Creates a three-member state commission appointed by the Governor to supervise gambling operations and operators. Creates a commission appointed by the city of Eureka to investigate applicants for gaming licenses and to establish licensing and tax fees. Requires each gaming institution to have a license and a permit to conduct gaming activities. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This initiative could result in revenues to the state and local governments, potentially up to the low millions of dollars annually, from fees and taxes associated with Las Vegas- and Atlantic City-type operations and other related economic activity.

Proponents

Robert Wilson, 11684 Ventura Blvd ., #322, Studio City, CA 91604

Date

5-6-2002

Document Type

Initiative

Qualified

Failed to Qualify

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