"We strongly believe that this investment should be driven by private enterprise, not taxpayer dollars, ensuring no financial risk to the public sector."
"I-95 is one of the places ... considered in the poverty belt for some counties, and so any economic development would be looked at favorably."
South Carolina lawmakers have introduced the bipartisan I-95 Economic and Education Stimulus Act, which would establish land-based casinos in economically disadvantaged areas. With no current legal gambling, the act aims to create more opportunities through a state gaming commission to license casinos. Tax revenue from these casinos is proposed at 15%. Greenville businessman Wallace Cheves has pitched a $1 billion casino project aimed at boosting tourism and job creation in needy regions like Santee. Local officials support the initiative, seeing it as a chance to uplift communities.
Read at Cardplayer
Unable to calculate read time
Collection
[
|
...
]