Littlefield Corporation (LTFD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Jan 23 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ed Pettee who wrote (5505)	12/13/1997 8:22:00 AM
From: Ed Pettee	Read Replies (2) of 10368

From the looks of this AM article, it seems that the same question that has been around is being raised again. It does appear that it lowers the emotional level that was raised by the AG and puts the question where it belongs in the courts. I don't understand how a state can ask its citizens to vote on a referendum to allow Video poker on a county wide basis as it did in Nov. of 1994 and now allow a independent group to argue that they are illegal because they are a lottery and lotteries are a violation of the state constitution. I voted in that election for the Video machines. It was my understanding that we were voting for an action that had cleared those legal hurdles and the state attested to its legality by asking every operator to pay a license fee of $2000 per year to operate. I still believe VGM will prevail, however ther will be tougher laws on regulation and they will include a new tax of around 20%. What I am not sure of is whether the license fee will be eliminated as JTO has indicated in his Warrants Discussion or if it will be continued. thestate.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next