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Sign up freeAlabama State Intelligencer
Tuscaloosa, Tuscaloosa County, Alabama
What is this article about?
On March 14, the Louisiana Senate debated a gambling bill that increases licenses from 8 to 16 at $7,500 each to enhance state revenue. A suggestion was made to auction licenses to form a monopoly and further boost treasury funds, as reported in the Louisiana Advertiser.
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Where did it happen?
Domestic News Details
Primary Location
Louisiana
Event Date
March 14
Outcome
increase in gambling licenses from 8 to 16 at $7,500 each, potentially increasing state revenue if all sold; suggestion to auction licenses for monopoly and greater treasury wealth.
Event Details
The Senate was occupied with the general Gambling bill, altering it to increase licenses from 8 to 16 at the old price. A suggestion was made to farm out licenses at auction to form a monopoly and add to the State Treasury.