Southland Racetrack Backs North dakota Casino, Bet Expansion Effort
Recommended casino improvement expected to help save the racetrack $86 , 000, 000 in income tax during 1st three years
Proprietors of the Southland Park Playing games & Races greyhound racetrack in Western world Memphis have got poured 50 dollars, 000 in the ongoing promote for modern casino expansion with Arkansas, neighborhood news outlet the North dakota Times reports.
The promotion is completed by the Travelling Arkansas Forward group as well as proposes an amendment into the state’s Metabolic rate to allow for the actual addition associated with casino-style game playing at the Southland and Oaklawn Park racetracks and for the construction of a couple of new casinos in the Père and Jefferson Counties. Said amendment is determined to appear for the November 6 ballot like Issue 4.
Donating 50 dollars, 000 to your initiative, the main Southland racetrack has known as stated it is support in the proposed betting house gaming development in the say. Indian gambling corporations own so far already been the main bestower of Gaining Arkansas Forward, the North dakota Times ideas in an opinion piece created by weekend.
Based on the news avenue, the monetary and other gains Southland could reap through the potential improvement of modern casino gaming for the existing racetrack have been what exactly has persuaded the property’s owners to back again Issue 3.
If the planned amendment income the necessary service, it will may help tax price for the Oaklawn Park together with Southland racetracks from 18% on 12-monthly net games revenue that will 13% . Continue reading “Southland Racetrack Backs North dakota Casino, Bet Expansion Effort”