California vs. Nevada
With inland
California trying to build up the number of slot machines they have,
and the latest deal signed by the Aqua Caliente Indians by Governor
Schwarzenegger – they have a real shot at competing with Las Vegas –or
at least they think so. "I'm sure this means there will be many more
slot machines in the Inland Empire," said Michael Lombardi, former
manager of one of the first Indian Casinos in the area, "We're going
to have a lot of slot machines between us and the markets of Los
Angeles and Orange County."
The question is
how many slot machines will ultimately be allowed. With many tribes
now seeking compacts with the State of California to increase the
existing number of slot machines they have – and with the Aqua
Caliente tribe just given the go ahead for another 3,000 slot machines
alone – one would think that Inland California is getting ahead of
themselves. The Torres-Martinez Desert Cahuilla Indians have just
received permission as well to open two casinos.
The more casinos
go into Inland California, the less people will be traveling to Las
Vegas. People can lose their money in their own backyard, just as
easily as in someone else’s. The growth could seriously hurt the
amount of revenue Las Vegas brings in, but there is no reason why it
won’t help California’s bottom line.
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