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Many states seek some sort of gambling as a way to
bring in much needed state funds. However, if those funds are not making
their way to the state, then the slot machines (or similar type machines)
aren’t doing them much good. Take Iowa for instance, they decided to bring
in state funds by adding lottery machines that were similar to slot
machines. The problem is that it just ended up with the state not receiving
the money it should have from the slot machine type gambling.
The independent retailers that had the lottery machines were not giving the
state the money they were supposed to. So now the state has abandoned the
idea, and is removing them out of the retailers that still have them. The
retailers don’t want to give them up for they have gotten used to the new
cash flow, albeit not really there’s.
The state is now forced to go after these deadbeats, and are now pursuing 22
of the 80 companies that have not given the state their due, totaling almost
$3.3 million dollars. Understandably the state is somewhat taken aback by
the development, and hadn’t created a game plan for when the companies
decided to not pass on the revenue from the slot machines to the state. The
ban was passed on May 4th, so it will probably take the state some time to
figure out how to remove all of the machines from the retailers, as well as
pursue those that chose not to pay the state. There is of course, a flip
side to this coin. Although the machines have brought in roughly $356,000
for the state so far, the majority of that income has come from the state’s
most corrupt neighborhoods.
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