The state of Minnesota demands casino revenue sharing
6 February 2005
The majority of Minnesotans who favor some sort of metro-area casino demand a share of raked casino revenues from Indian tribes to be transferred to the states, in order to sustain their sovereignty on 18 casinos. The legislature is swamped with various gambling proposals and public seems to be quite supportive of gambling expenditure in the states, especially if it is capable of cushioning the poor fiscal assets.
One of the ardent supporters of the metro-area casino is Restaurateur Troy Nolop who believes that if Wisconsin successfully benefited from a recently signed contract with tribes, Minnesota should be able to do the same. He ratified that tribe's partial revenue donation would be quite handy in struggles of the community school district.
Gov. Tim Pawlenty has held prolonged negotiations with the tribes to obtain a larger profit ratio from their casinos. Should Pawleny's budget plan be considered, the deficit of $700 for 2006-07 would be somewhat averted with the state eliciting $200 million in fiscal 2006 and $114 in the consecutive years starting in 2008. A few members of the Minnesota Indian Gaming Association representing some of the more successful casinos have not welcomed Powelenty's proposition to share the revenues and it is unlikely their stance will change in the near future.
Source: Online Casinos News Staff
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
