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