Davis “Open To” Indian Gaming Expansion
Governor Davis says he€™s “open to” expansion of Indian gambling in California in exchange for tribal revenue to help close the state€™s multi-billion-dollar budget deficit.
Davis told the Sacramento Press Club today there first has to be an indication that there´s a demand and local approval.
The governor discussed his plan to get one and one-half billion dollars from tribes as part of his solution to a budget shortfall he€™s estimated at $34.6 billion.
Davis said the plan is modeled after programs in Connecticut and New York where tribes pay up to 25 percent of their revenues to the state. The 49 California tribes that operate casinos generate an estimated $5 billion in revenue annually.