Jerry is the founder and president of Family Council. He began Family Council in 1989 after a successful effort to amend the Arkansas Constitution to prevent the use of public funds for abortions. He and his wife reside in Little Rock. They have four sons.

AR Lottery Gives Scholarships Less Than 20 Cents of Every Dollar in October

November 13, 2018 | Posted in Arkansas Lottery | By

Last week the Arkansas Lottery released its financial reports for the month of October.

The reports show the Arkansas Lottery took in more than $57.5 million last month. However it paid less than $11.3 million for scholarships — less than 20 cents out of every dollar it made.

State lotteries prey on the poor and pull tens of millions of dollars out of the state economy.

Below is a breakdown of lottery revenue and scholarship funding so far this fiscal year.

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July $42,413,352.70 $5,066,628.73 11.9%
August 40,343,279.62 6,175,998.40 15.3%
September 35,198,809.72 7,783,450.82 22.1%
October 57,575,285.62 11,259,040.31 19.6%
Total $175,530,727.66 $30,285,118.26 17.3%

Video: Casinos Will Cost State $40 Million

November 13, 2018 | Posted in Casinos, Video | By

Casinos will cost the state more than $40 million dollars in lost tax revenue.

Watch this video to learn more.

Casinos Will Cost The State $40 Million: Gov. Hutchinson

November 8, 2018 | Posted in Casinos, Gambling | By

Yesterday Governor Hutchinson told reporters that passage of Issue 4 on Tuesday is going to create a $40 million budget shortfall for the state.

Talk Business reports,

Hutchinson was asked about the passage of Issue 4 legalizing casinos at Oaklawn Racing & Gaming in Hot Springs, Southland Park Gaming & Racing in West Memphis, and in Pope and Jefferson counties. Hutchinson said he had voted against the amendment. It passed with 54% of the vote.

“My first budget meeting today showed a $40-plus million gap because that amendment passed,” he said. “That reduced the tax rate [for Oaklawn and Southland], and so we have to adjust for that down the road.”

Hutchinson said he didn’t know what the amendment’s long-term effects would be.

Under Issue 4, Oaklawn and Southland will pay less money in taxes for their casino games than they currently do for their so-called “electronic games of skill.”

Overall, casinos in Arkansas will pay some of the lowest taxes of any casinos in America, and the State Legislature will not be able to raise the taxes on casino revenue.

Instead of boosting Arkansas’ economy and providing more tax revenue, it seems Issue 4 is going to be a drain on the state from Day One.