National Association of Casino Party Operators

The professional members of NACPO are committed to providing the best possible products, services, and assistance to achieve the objectives of those for whom we work, our customer.

Thursday, June 01, 2006

More Trouble in California

As if suddenly enforcing a previously 'look the other way' law with regard to casino night fund raisers weren't enough, a new twist has been added to the mix.
Just now placed on the same Senate schedule for June 13 is Bill AB 1620 dealing with "gaming licenses".
This bill is reiterating the requirement for a $500.00 non refundable application fee (not a license)to determine suitability to grant this license.
After approval, the business will then be assessed a per table per year fee, which goes up incrementally based upon the number of tables you have. In the case of Valley Vegas Nights in Riverbank, CA, the least they would be pay would be $2,700.00 per table per year.
AB 1620 has just been introduced, but has been attached to Bill AB 839, already poised to become law in January, 2007. To protect themselves from being taxed out of business, all California casino party companies, and even those not in California, because this can happen to anyone in any state, should march on Sacramento to show the legislature the economic impact passage of AB 1620 would have on the state's economy.

For more information about NACPO and its members, please visit www.nacpo.com.

0 Comments:

Post a Comment

<< Home