Nevada Casinos Considering Appeal Of Tax Petition Ruling

CARSON CITY, Nev. (AP) - Major Nevada casinos will decide soon,
possibly by next week, whether to appeal a judge's ruling that gave
a go-ahead to a teachers' union to circulate a ballot plan to raise
gambling taxes to raise funds for public education.

Bill Bible, head of the Nevada Resort Association, said an appeal is among the options being considered by the group. He says a decision on legal strategy will be made "in the near future."

To qualify for a spot on the November ballot, the Nevada State Education Association must gather at least 58,628 signatures by May
20. Voters would then have to approve the measure in the 2008 and
2010 elections.

The proposal would raise by 3 percent the gross gaming revenue tax now paid by casinos making more than $1 million a month. That would increase their tax rate from 6.75 percent to 9.75 percent.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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