Legislators face election-year gamble: Legalized Cherry Masters could generate $300M annually

The lure of easy gambling money is always an enormous temptation for cash-strapped legislators. But in 2006, the stakes will be higher than ever. Bars and restaurants are organizing an attempt to legalize electronic poker machines, commonly known as Cherry Masters. By one count, as many as 40,000 operate illegally around the state. Under government administration, Cherry Masters could generate $300 million in annual tax revenue for state and local governments, advocates of legalization say. That would fill a lot...

 

You have accessed IBJ.com Premium online content

IBJ.com Premium online content is identified by locked premium or unlocked premium symbol to the right of the headline. Access to all IBj.com Premium online content requires a paid IBJ.com Premium subscription and the subscriber to be logged in using their email and password. See subscription options below.

Log In if you are a subscriber to IBJ.com Premium Online

...Or choose the IBJ subscription that's right for you:

7 Day Subscription

$4.95 per week

IBJ.com
Premium online

Order Now
   

1 Year Subscription

$1.25 per week

IBJ.com
Premium online

Order Now
 

1 Year Subscription

$1.52 per week

IBJ Print
only

Order Now

 

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT