California Gov. Arnold Schwarzenegger (R) signed a Class III gaming compact with the Shingle Springs Band of Miwok Indians on Tuesday.
The deal allows the tribe to install a maximum of 5,000 slot machines at its new Red Hawk Casino. The tribe will share between 20 percent and 25 percent of net winning from slot machines, the highest rate in the state.
The tribe also agreed to pay $4.6 million a year to the Revenue Sharing Trust Fund, a much higher amount than any other tribe. Other provisions address environmental impacts, state audits, employment, minimum internal control standards, arbitration, problem gambling and building and safety codes.
The casino will open later this year.
Get the Story:
New casino pact gives state a record share
(The Sacramento Bee 7/2)
pwlat
Press Release: Schwarzenegger Signs Compact with Shingle Springs Band of Miwok Indians (Gov. Schwarzenegger 7/1)
California | Compacts
Schwarzenegger signs Shingle Springs Band compact
Wednesday, July 2, 2008
Stay Connected
Contact Us
indianz@indianz.com202 630 8439 (THEZ)
Search
Top Indian Gaming Stories
Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
More Stories
• BIA changes course on North Fork casino bid• Cheyenne River Sioux Tribe plans new casino
Indian Gaming Archive