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Louisiana Casino Officials Want Tax Cut

LOUISIANA – As reported by the Advocate: "Riverboat casino officials told regulators at a closed-door meeting Tuesday that the state should consider cutting gambling taxes and perhaps moving floating casinos off the water to allow the industry to compete in the future.

"…Executives with casinos and racetracks around the state met with legislators, regulators and bureaucrats at what was billed as a "Casino Gaming Summit."

"Fifty-two people signed the attendance sheet for the meeting, which was not open to the public but was held at a conference room in state Attorney General Charles Foti's office.

"Foti, who did not stay after making opening remarks, said the meeting was aimed at starting a dialogue.

"…Participants at the summit discussed challenges facing the gambling industry, particularly the threat caused by Mississippi allowing casinos to rebuild on land instead of over water after Hurricane Katrina…"

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