Attorney General No.

SA2003RF0003

Secretary of State No.

975

Description

LEGALIZED CASINO-TYPE GAMBLING. CITY OF ADELANTO 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 Adelanto 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 Adelanto 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 measure would have the following major fiscal effects: Potential net increase in state revenues in the low millions of dollars annually from taxes and fees associated with gaming operations; and potential increase in revenues for particular local governments of more than $1 million annually, offset in part by costs related to increased gaming.

Proponents

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

Date

4-9-2003

Document Type

Initiative

Qualified

Failed to Qualify

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