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Stand Up for California! is a statewide organization with a focus on gambling issues including tribal gaming, card clubs, horse racing, charitable gaming and the state lottery. | |
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Snake Eyes12/15/2008, San Diego Business Journal San Diego County's backcountry casinos have grown with the vigor of wild mushrooms on a rain-wetted lawn. But that growth may be over. The latest evidence is an East County American Indian band giving up its effort to expand from 2,000 to 5,000 slot machines in its casino, one of 10 in the county that generate a combined $2 billion in revenues and employ thousands. The Sycuan Band of the Kumeyaay Nation agreed to a revenue-splitting deal with the state, which was the basis for the expansion, in August 2006. Voters OK'd the deal in February. However, the new deal between the tribe and the state, as well as any sort of expansion, makes little financial sense today, tribal Chairman Daniel Tucker said.
Lessons from an abandoned gaming deal12/14/2008, San Diego Union Tribune We believe there are lessons to be learned about a system in which moneyed interests such as the five wealthy Indian tribes can lobby their way into sweetheart deals that have no concrete benefits for ordinary citizens of California, while thousands of other California Indians remain poor. We think there is something wrong with a system that allows such tribes to spend more than $100 million on a misleading referendum campaign, while their opponents (us) can barely afford money for a few signs and newspaper ads. And we think there is something wrong with a system in which local state legislators are more concerned with Indian political contributions, or with partisan politics, than the interests of their own constituents. | |
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Gambling tribes see growth even as recession hits12/13/2008, San Jose Mercury News
Although tribal casinos profit reports are confidential, Nevada gambling experts estimate that Thunder Valley takes in $500 million to $600 million annually and probably surpasses the revenue of all the casinos in the Reno city limits.
Nevada Gold Sells Buena Vista Interest for $20 Million12/12/2008, Market Watch - Press Release HOUSTON, Dec 12, 2008 (GlobeNewswire via COMTEX) -- Nevada Gold & Casinos, Inc. (NYSE Alternext US: UWN) today announced that it has signed an agreement to sell its Class B membership interest in Buena Vista Development Company, LLC ("Buena Vista Development") and its $14.8 million promissory note due from Buena Vista Development to B.V. ORO, LLC. Buena Vista Development is developing a casino for a Native American tribe in Amador County, California. Under the terms of the agreement, B.V. ORO, LLC has agreed to pay Nevada Gold $20 million, of which $16 million will be received immediately, and $4 million will be received within two years after the opening of the casino. Interest on any unpaid balance will be at a rate of prime plus 1%.
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Vice chairwoman says he stonewalled her on government matters
12/11/2008, North County Times
A group of Santa Ysabel tribal members is launching an effort to recall the North County tribe's chairman for what they say are repeated abuses of his power, including unilaterally removing and appointing people to government posts and withholding information from tribal members. The effort involves about 65 members of the 700-member Santa Ysabel Band of Diegueno Indians, which owns a small casino near Lake Henshaw. Earlier this year, county officials said the tribe had fallen behind on payments. Officials with the Santa Ysabel Casino said the business was not generating enough revenue to make the payments.
Internet takes an interest in landfill11/29/2008, Appeal Democrat The outside world rarely pays much attention to Colusa County, unless there's a disaster, man-made or otherwise. It was quite fascinating, then, to see on the Internet a 4,500-word story that centers on an issue right there in the county. What could it be? What could prompt so much interest in Colusa? Think garbage. Think landfill. Think the Cortina Band of Wintun Indians. Yes, that landfill that nobody in Colusa County wants, unless you're a member of the Cortina Band, is a big issue, if you look at it in context rather than in isolation | |
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