Arkansas Statewide Lottery, Charitable Bingo, and Casino Gaming, Amendment 5 (2000)
|Voting on Gambling|
|Not on ballot|
|Statewide Lottery, Charitable Bingo, and Casino Gaming|
Text of measure
The language that appeared on the ballot:
Initiative Constitutional Amendment Establishes a statewide lottery, to be operated by the Arkansas Gaming Commission. Authorizes charitable bingo and raffles, subject to regulation by the Arkansas Gaming Commission. Authorizes casino gaming, conducted by the Arkansas Casino Corporation, in the following counties: Sebastian, Pulaski, Garland, Miller, Crittenden and Boone.
Dedicates lottery revenues as follows: - no less than 50% shall be returned to the public as prizes; - no less than 45% shall be paid to the Arkansas Educational Trust Fund; - no more than 5% shall be used for the payment of the lottery's expenses; and - any surplus after lottery expenses are paid shall be returned to the Arkansas State General Fund.
Imposes a 15% tax on the net gaming revenue of any casino, and allocates such revenue as follows: - 80% shall be paid to the state's general fund for the purpose of reducing or eliminating the gross receipts tax on food purchased in a retail food store; - 10% shall be paid to the Arkansas Educational Trust Fund; - 5% of the tax paid by a casino shall be disbursed to the county where the casino is located, and if the casino is in a city the money is to be divided equally between the city and the county; - 1% shall be paid to the Arkansas Compulsive Gambling Foundation for the treatment and prevention of gambling addiction; and - 4% shall be paid to the Arkansas State General Fund for the operational cost of the Gaming Commission.
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