LITTLE ROCK, Arkansas -- Arkansas could be the next hotbed for casino expansion if a Texas businessman succeeds in putting a proposed constitutional amendment before voters next year.
Michael Wasserman of Gainsville, Texas, who has spearheaded several failed efforts to establish casinos in Arkansas, said casinos in seven Arkansas cities would generate millions of dollars and provide jobs to help the states economy.
“It will be on the ballot,” he told Arkansas News, a day after Arkansas Attorney General Dustin McDaniel certified a revised version of the ballot initiative for the 2012 general election.
The political arm of the conservative Family Council immediately announced its opposition.
“If we create destination resorts, its going to bring people from Texas and all of the surrounding states,” Wasserman said.
Under the proposal, Wassermans Arkansas Hotels and Entertainment Inc. would operate casinos in Boone, Crittenden, Garland, Jefferson, Miller, Pulaski and Sebastian counties.
Arkansas current gaming offerings include charitable bingo and the state lottery.
Effective Date: November 18th 2011.
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