Introduction to Nebraska Gaming Law, An
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Authors
Santoni, Roland J.
Issue Date
1996
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
INTRODUCTION|The lawful gambling or gaming industry in the United States continues to grow at an astounding rate. During 1994, $482 billion was wagered, $442 billion was paid to players, and $40 billion was retained by gaming operators. Total wagers in 1994 increased by 22.3%, and gross revenue increased by 15% over 1993; these percentages of growth exceeded the 1992-93 wagering and revenue increases of 17% and 14.2%, respectively. Gaming is now a significant industry. By comparison, gross revenues of other entertainment industry segments for 1994 were as follows: movie ticket sales - $5.4 billion; all spectator sport ticket sales - $5.9 billion; and, compact disc and tape sales - $12 billion. |The $40 billion gaming industry consists of the following segments: state operated lotteries - $14 billion; casino gaming - $15.4 billion; parimutuel wagering, primarily horse racing and dog racing -$3.7 billion; charitable gaming, primarily bingo and pickle-cards - $2.4 billion; and gaming on Native American lands - $3.4 billion. The gaming industry is no longer a Nevada or New Jersey phenomenon but is geographically dispersed. Thirty-seven states conduct state lotteries, forty states permit parimutuel wagering, and forty states permit charitable gaming. In addition, casino gaming is permitted on Native American lands in thirteen states, and eleven states in addition to Nevada and New Jersey permit casino gaming other than on Native American lands, including the Nebraska border states of Colorado, South Dakota, Iowa, and Missouri...
Description
Citation
29 Creighton L. Rev. 1123 (1995-1996)
Publisher
Creighton University School of Law