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NYC Council proposes gambling slots, ships.


Riverboat riv·er·boat  
n.
A boat suitable for use on a river.
 gambling, slot machines and video gaming video gaming
n.
1. Gambling by means of interactive games of chance played on a video screen.

2. The playing of video games.
 machines are the focus of a bill being proposed by New York City Council The New York City Council is the lawmaking body of the City of New York. It comprises 51 members from 51 council districts throughout the five boroughs. The Council serves as balance of power against the mayor in a "strong" mayor-council government model.  members that would have to be passed by the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system.

The following legislatures exist in the following political subdivisions:
.

Councilmember Jerome X. O'Donovan, chairman of the Economic Development Committee, and Councilmember Herbert Berman, chairman of the Finance Committee, presented a proposal for legalizing certain forms of gaming last week at a press conference by the East River. Council Members John Sabini of Queens and Rafael Castaneira-Colon of the Bronx also support the bill.

The Council's Economic Development Committee has been studying gambling and its economic benefits for several years. The proposed bill would not limit gambling to just New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 but would expand it to cities or counties of 200,000 or more in population. Places such as the Catskills would qualify. Additionally, catering halls that serve more than 180 people would be permitted to have slot machines and video gaming machines. A catering establishment, a council spokesperson said, includes any place that serves food and complies with the alcohol beverage control laws.

Berman asserted the proposal can work and that it is time for serious discussions and review of limited gambling.

O'Donovan said he proposed gambling as an innovative way of generating revenue at a time when the national recession is causing problems for businesses and residents. Millions of dollars can be raised through gambling, he believes.

The proposed fees include an application fee of $50,000, an initial licensing fee of $100,000 for the first year, while a supplier fee (for the equipment) is $10,000. An admission tax of $2 per head would also be charged.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New York, New York City Council proposes bill to legitimize gaming
Author:Weiss, Lois
Publication:Real Estate Weekly
Date:May 27, 1992
Words:276
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