Wednesday, December 2, 2009

Legalized video gambling still at least a year away, regulators say

it will take at least a year to purchase and set up a centralized computer system to monitor the machines. At the same time, lengthy background checks much be performed on what will likely be thousands of applicants wanting video gambling licenses, said Mark Ostrowski, administrator for the Illinois Gaming Board.

number of communities opting out of video gambling is not large enough yet to impact revenue projections. The state estimates it will rake in anywhere from $288 million to $534 million once video gambling is fully implemented.

Click on the following for more details:  Clout St: Legalized video gambling still at least a year away, regulators say

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