Analysts report new slots may earn $500 million - 2004-01-29
Industry analysts stated yesterday that Gov. Robert L. Ehrlich, Jr.'s current slots proposal could earn $500 million for the state's coffers, and maybe more, depending on the location of the devices.
Although the administration refused to offer detailed estimates of Ehrlich's new slots plan, the governor estimated last year that 11,500 slot machines at four racetracks would produce $1.6 billion -- slightly less than half of which would have gone to the state treasury for education.
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