In a major victory for slots manufacturers, Floridians voted for more slot machines.
http://www.lvrj.com/business/15064041.html
In an overwhelming vote of 63 to 37%, the Miami area is cleared for 6,000 additional slots in horse and dog racing facilities.
This article reveals that non-Indian gaming facilities in Florida pay 50% tax on slot profits -- Wow!!! I'd steer clear of those slots, I'll bet they are pretty tight.
Here in Nevada, casinos pay 6% taxes, and you can be darn sure with our state budget deficit ever growing, that upping that tax is hotly debated.
Meanwhile in California, next Tuesday's voting will determine if a select group of Native American casinos can add more slots paying 25% in taxes.
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