Billionaire investor Warren Buffett isn't supporting proposals to authorize Class III gaming in Nebraska.
While Buffett says gaming is "a perfect way to raise money" he believes it is "basically a tax on ignorance." "I don't like the idea of government essentially hoodwinking the citizenry," he was quoted by The Lincoln Journal Star as saying. Lawmakers approved a ballot initiative to allow two casinos. Another petition seeks to authorize 4,900 slot machines at bars and other locations across the state. Get the Story: