Well, I've always said the Native Americans are taking back the country -- $20 at a time, and the battle in California for more one-armed bandits is getting warmer.
I check out the New York Times, and the L.A. Times online everyday among other newspapers, and today an ad for Props 94-97 really jumped out at me.
I clicked on the link http://www.yesforcalifornia.com/ and the cold hard financial facts are sobering.
The Indian Tribes running casinos pay 25% taxes from slot machine revenue to the state of California -- 25% -- that's a helluva lot!!!
If 25% is coming right of the top, I can't imagine the odds on these machines could be sympathetic to the slot player.
Saturday, January 5, 2008
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