🔥 Tribe, casino backers fume after Walker drops out of race | News | k9x.ru

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Tribe, casino backers fume after Walker drops out of race billionaire Sheldon Adelson and the Potawatomi tribe, which operates a casino in Milwaukee and fought against the Kenosha casino. Updated May 28,


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Tribe, casino backers fume after Walker drops out of race billionaire Sheldon Adelson and the Potawatomi tribe, which operates a casino in Milwaukee and fought against the Kenosha casino. Updated May 28,


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Walker's Kenosha casino rejection leads some to anger, disappointment. Gov.


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Tribe, casino backers fume after Walker drops out of race billionaire Sheldon Adelson and the Potawatomi tribe, which operates a casino in Milwaukee and fought against the Kenosha casino. Updated May 28,


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Nevada casinos have suffered revenue declines for a number of years. Casino owners in Reno, for example, claim they have suffered badly because of competition from tribal casinos recently developed across northern California. Not long ago, casinos were limited to a Nevada and New Jersey. Kenosha would certainly benefit from sustained and sustainable economic development and that area warrants assistance in that endeavor from the state, but we do not think that a casino is the answer to the challenge. The Wisconsin market certainly appears to have matured and the supply of gambling opportunities already generally exceeds demand. Adding a casino in Kenosha would reduce the gains from one tribe to benefit another. The casinos with good management and the tribes that have made good decisions about how to use the profits brought prosperity to many who were living on reservations with few opportunities for employment, education, and a path out from poverty. The amounts and procedures are spelled out in the agreement between the tribe and the local government, but the payments usually amount to some percentage of the amount wagered or net profits. Total wagers and profits have fallen in recent years and adding to the supply of gambling opportunities is not likely to generate significant net gambling revenues in Wisconsin. It is not a certainty that will happen. There is considerable evidence that the casino gambling market is generally saturated. It might well threaten the intertribal cooperation that has generally characterized the past two decades. That amounts to only about jobs, most of which are likely to be in the service industry and are not particularly high-paying. Kenosha reports that the Menominee tribe will guarantee that at least 15 percent of the jobs at the casino will be for local residents. Answering that question demands that several other questions be explored as well: Is there sufficient market demand for another casino in Wisconsin? What are the benefits and costs likely to be for the Kenosha area? Revenue and profits in Atlantic City casinos have declined in each of the past seven years. Today, they are everywhere and there is rapidly growing competition from internet gambling. Local government will also receive annual payments from the tribe. The community with a new casino built in a favorable location will compete effectively with established casinos until another casino is built in a better location or an existing casino counters with newer, more attractive amenities. That means, among other things, that the tribe must own the land and place it in trust with the federal government. In that case, there would be little if any net gain to the people of the state: there will simply be a transfer of jobs and money from one community to another and from one tribe to another. The proposed clients include area residents, tourists, and Chicagoans. One reason casinos have experienced losses is increased competition. Customers are likely to benefit from that competition, but it is unlikely that either the respective tribal owners or local governments will. Once that happens, local government can no longer enforce zoning or other local laws and regulations on the property except to the extent that its agreement with the tribe specifies. The extent to which that will happen will depend in part on the success of others who have proposed casinos in Illinois in and near population centers. Kenosha hopes to profit from jobs and from payments to local government from wagering proceeds. The picture is the same nationally. The probability that internet gambling will become widely available is enough of a problem that tribes have called on the federal government to step in and ensure tribes get a piece of the action without having their revenue taxed and their sovereignty compromised. Are benefits to Kenosha area residents likely to outweigh the costs to others.{/INSERTKEYS}{/PARAGRAPH} New Casino is Not the Answer for Kenosha. Gambling and casinos have, thus far, been a boon to most of the tribes that own them. For that reason and because of the answers to the three questions posed above, creating a casino in Kenosha at this time is not a good idea. Internet gambling could do to tribal gaming what tribal gaming did to dog tracks in Wisconsin. {PARAGRAPH}{INSERTKEYS}But all that is required to stop the creation of the proposed casino is for Gov. Closer to home, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians experienced a drop of more than two-thirds in its casino earnings over the past few years, compared with losses of about five percent over the same period for all tribal casino earnings in Wisconsin. Whether any of these casinos should be permitted should depend on the answer to this question: Do likely benefits to the local community and to the sponsoring tribe outweigh the costs to the statewide economy, all the tribes in Wisconsin, and to non-tribal people of the entire state? One of the concerns for state governments is that Internet gambling requires only a computer with an Internet link.