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June 29, 2004

Editorial: New compacts about more than just money

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"Once again, Gov. Arnold Schwarzenegger promised the moon and settled for an asteroid. Not a bad asteroid — not a real clinker — mind you, but one offering considerably less than lunar glow. In fact, the most interesting parts of the tentative deal between Schwarzenegger and the Indian tribes that own about 1/10th of the state's casinos have little to do with the increased state funding the governor was after.

The money details are well known by now — more gambling profits from Indian tribe-owned casinos will go to the state as "fees," and the casinos get to add all the slot machines they want, paying an additional fee (not a tax, of course) for each machine."

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Editorial: A Middling Hand for State (The Los Angeles Times 6/29)
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