New Jersey May Allow Township Owned Slot Machines

Filed in archive Slot Machine Scene on June 18, 2008

A bit of enlightenment may be forthcoming in my home state of New Jersey.

Along with the rest of the country and much of the rest of the world, New Jersey is suffering through rough economic times, so much so that it is on the brink of bankruptcy.

Naturally this is something that state officials would rather avoid, but the proposed remedies are more than distasteful, they may be downright unworkable.

The obvious ways to raise money are by raising taxes and fees for public services such as bus fares and highway tolls.

But, a more attractive method, which will generate revenue more on a local, rather than on a State basis, may be the answer, and will certainly be more palatable to the state's residents.

The plan would allow ownership of slot machine parlors by individual townships with profits being divvied up among the township, the State, and the casino sponsoring the slot machines.

The plan is a bit clumsy and complicated but at least everyone benefits including the taxpayers who get something for their money.

Source:www.wikimedia.org