Tag: tribal gaming
California Deal with Red Hawk Tribal Casino
Red Hawk Casino, underperforming since the day it opened and struggling to pay its bills, moved a step closer Thursday toward gaining financial relief. Gov. Jerry Brown signed into law a new gambling compact that reduces the revenue the state will collect from Red Hawk and its owner, the Shingle Springs Band of Miwok Indians. Brown signed AB 1267 by Assemblyman Isadore Hall, D-Compton, which ratified the new compact the governor signed with the tribe last November. Despite the governor’s signature, the Shingle Springs casino isn’t out of financial trouble yet. The tribe has to restructure $500 million in debt…
California Online Poker Tribal Settlements
The race for more online poker legislation on American soil has become one of, hurry up and wait, for states that haven’t already jumped on the bandwagon. The recent launch of the real money internet poker business in Nevada and New Jersey’s passing of its own internet rules and regulations with Delaware is also fast approaching a launch. There are ten other states pondering the inclusion of online poker in their agendas so it’s no wonder California is finally settling one of its biggest issues. Californian poker players have been attempting to resolve the opposition they received from Indian tribes…