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San Jose asks voters if card room measure is worth the gamble

San Jose asks voters if card room measure is worth the gamble by Nicholas Chan OCTOBER 21, 2020

Casino M8trix is pictured in this file photo. Photo by Ramona Giwargis.

San Jose is betting on Measure H to boost its coffers by millions.
Measure H would increase the gross revenue tax for Bay 101 Casino and Casino M8trix to 16.5 percent from 15 percent. Officials say the ballot measure is a byproduct of legal battles between the city and Bay 101, and San Jose recently approved a settlement agreement with the card room. The tax increase would generate roughly $15 million annually to the city’s general fund.


Measure H, which needs a simple majority to pass, would also increase the total number of card tables permitted in the city to 128 from 98.
“In a time when we could really use the revenues, this is going to be really beneficial to the city,” Councilmember Raul Peralez told San José Spotlight.

Complete article: San Jose asks voters if card room measure is worth the gamble

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