Posted by Congressman John Campbell at 12:00 am on Oct 11, 2007 Comments Off on Orange County: Sun, Surf…Slot Machines?
The National Indian Gaming Commission (NIGC) estimates that,
under the Indian Gaming Regulation Act (IGRA), there are
approximately 400 Indian casinos in operation today. These casinos
are owned by roughly 220 federally recognized tribes and, in 2006,
they generated over $25 billion in revenue, of which all tribal
income was not taxable by the federal government. As new tribes are
recognized every year and casinos are built, NIGC findings project
these revenue numbers to climb above the $30 billion mark in the
next decade.
Despite these enormous profits, nearly a third of all Native
American families that were supposed to benefit from IGRA remain in
poverty.
Why?
Part of the answer lies in the fundamental flaws inherent in the
Indian Gaming Regulatory Act. This act was created with the intent
of providing economic opportunity and growth to Native Americans
groups who had been living without basic necessities on
poverty-stricken reservations for generations. Unfortunately, it
has done little to help its intended recipients and, instead, has
opened the door to multi-billion dollar tribal gaming monopolies
that benefit a select few. This unintended… Read More