US Stimulus Plan Includes No Help For Las Vegas Casino Gambling
The new administration in the US government may be trying to send a message on their way to approving an $825 Billion stimulus package. No member of Congress will have their specific wants addressed and everyone will be treated equal.
That message lies within the plan itself, where casinos are excluded from receiving any of the money given to states. Senate Majority Leader Harry Reid represents Nevada, and he knows more than most what casinos mean to his state.
"Casinos are a huge part of Nevada's economy and create a lot of jobs. But none of the spending in this Bill is earmarked for any casino, so this provision is largely symbolic," Reid told CNN.
Casinos were not the only exclusion in the American Recovery and Reinvestment Act. Horse paths, aquatic centers, museum and zoo renovations, and skateboard parks were also among the restricted.
The government is trying to ensure that all of the money that is given has the proper oversight. The money will not simply be released to states and allow them to do what they want with it. The plan calls for only the highest priority infrastructure projects to receive the stimulus money.
Las Vegas casinos have been among the hardest hit in the current economic crisis. In years past, the gambling industry has been somewhat immune to the financial troubles of the country. This year is different, however. More states have legalized casino gambling than in the past, so people are not traveling like they once did to Las Vegas.
January 28, 2009
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
Submit News!
Previous Gambling Law News Articles
Iowa Governor Believes Gambling Will Cover $700 Million Loan
Republicans And Democrats Align To Stop Gambling In Florida
Could Legalized Gambling Actually Decrease Crime?
Missouri Casinos May No Longer Accept Deadbeat Parents
Nebraska Lawmaker Looks To Technicality To Stop Gambling Bill

