- Associated Press - Tuesday, October 13, 2015

LINCOLN, Neb. (AP) - A group that wants to legalize casino gambling at Nebraska race tracks is ready to start gathering signatures to place the issue on the 2016 ballot.

Keep the Money in Nebraska announced Tuesday that it will ask voters to sign three petitions.

One is a proposed constitutional amendment to allow games of chance. Another would identify where casinos could be located and how they would be regulated. A third would impose a 20 percent tax on gross gambling revenues, with 75 percent going to the state and 25 percent going to local governments where the casinos are located.

Former state Sen. Scott Lautenbaugh, a spokesman for the group, says the state has lost billions of dollars in recent years to neighboring Iowa and South Dakota, where gambling is legal.

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