Gaming Revenues Compromise State

Summary


In July, Gov. Arnold Schwarzenegger announced on television that negotiations with four Native American tribes had resulted in an agreement that will give the state more than $9 billion of tribal gambling profits over the next 20 years. In exchange, the state will allow the four tribes to increase their gambling devices inventory.

At the outset of negotiations with the tribes, our governor told us that the money was needed to improve California's educational system. In advertisements urging voter approval of the compact, we have been told that the money is needed to cure a budget deficit.

See the full content of this document

Extract


Gaming Revenues Compromise State

We are also told that the compact represents a windfall and that because of it taxpayers will not face any additional tax burden.

Our governor...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company