Monday, January 09, 2006

50% TAX IMPOSED ON SLOTS REVENUE [Florida]

Governor Bush signed into law a 50% tax on slot machine revenue from slot machines operating in Miami-Dade and Broward Counties.

What slot machines, you ask? Well, the new law authorized slot machine gaming in certain pari-mutuel facilities located in Miami-Dade County or Broward County. However, the use of slot machines at such facilities must be approved by a countywide referendum.
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