KEY FACTS ABOUT KEEP THE MONEY IN NEBRASKA’S EXPANDED GAMING PROPOSAL

• Keep the Money in Nebraska's  proposal stops the current exodus of hundreds of millions of dollars now being spent by Nebraskans in other states on gaming.  Gambling money is placed under the control of Nebraska communities, where it can be taxed and used to improve services in local communities.
  
  

• Keep the Money in Nebraska’s proposal puts expanded gaming into law, giving elected officials in local communities the right to expand gaming to benefit their citizens.
  
  

• Keep the Money in Nebraska’s proposal sets specific limits on how much gaming can be expanded in the state. These limits are set in statute and can be changed by a two-thirds vote of the Nebraska Legislature.
  
  

• Keep the Money in Nebraska’s proposal allows two casinos to be built in Nebraska, both in Omaha near the riverfront.  Under it, no other casinos can be built in the state.
  
  

• Keep the Money in Nebraska’s proposal allows a maximum of 4,900 slots and gaming devices to be installed at racetracks, strategic locations or in some bars across the rest of Nebraska. By comparison, the city of Council Bluffs has 4,200 machines just within its city limits. 
  
  

• Keep the Money in Nebraska’s proposal allows slot machines to be installed only at Nebraska’s race tracks, or at strategic gaming locations established by communities that wish to pool their machines together in one location.
  
  

• Keep the Money in Nebraska’s proposal allows every Nebraska community to have limited expanded gaming – no community is left behind.  However, if the local city council or county board does not want expanded gaming, they are under no obligation to approve it.  It’s a local decision.
  
  

• Keep the Money in Nebraska’s proposal establishes one of the highest gambling tax rates in the nation – which will generate more than $100 million of new tax revenue to the state and local governments every year.  These dollars can be used to ease current budget shortfalls and will support the delivery of valuable services across Nebraska.
  
  

• Keep the Money in Nebraska’s proposal will stimulate Nebraska’s economy by providing thousands of jobs, both direct and indirect, as well as increase tourism and spur development projects in local communities.
  
  

• Keep the Money in Nebraska's proposal has been made possible by financial contributions that come 80% from Nebraska small businesses and 20% Michael Gaughan's group.  Mr. Gaughan's family has Nebraska roots and has given generously to Nebraska institutions such as Creighton University.
  
  

• Keep the Money in Nebraska’s proposal does not conflict with the Legislature’s expanded gaming ballot proposal – if both pass, they both can take effect.