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Casino Money Could Be Too Late For Budget Help

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Will casinos bail the state out of its current budget problem? Lawmakers are told don’t bet on it.  Of course first there would be a wait for voters to approve any kind of casino gambling plan passed by lawmakers and then you have to build them. “There’s going to have to be some kind of physical structures in some of these cases to contain all the machines.”  Comptroller’s Chief Revenue Estimator John Hellermann says the state shouldn’t count on any real revenue for a couple of years after casinos are approved by voters.  It also depends on the level of gambling approved, for example there could be just so call Racinos or limited casinos at horse and dog tracks, or there could be full fledged destination resort casinos.

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