Thursday, February 01, 2007

Bingo bill aims to cut state fee

Bingo bill aims to cut state fee:
"'Local participation is down by about 150 players per day, or 300 per bingo weekend,' she said. 'We have witnessed a decrease in our pull-tab revenue each bingo weekend to the tune of $8,000 to $10,000.' Pull-tabs are printed tickets that have a pull-tab, or seal, opened to reveal a winning or losing combination on each ticket or on a separate card.
'The players are saving their money for an evening at Hollywood Slots, and the locals are choosing to go to Hollywood Slots,' Loring said.
'With the loss of local player dollars and pull-tab revenue, we are experiencing losses of around $20,000 to $30,000 per game weekend,' she said.
If the losses continue at their current rate, the tribe projects, the Penobscot Nation stands to lose revenues of at least $200,000 a year, she said.
The Penobscot Nation is the only federally recognized American Indian tribe in Maine licensed to operate high-stakes bingo games."
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