Monday, September 06, 2004
Is California the New Nevada?
In gambling terms, that is. According to this article (originally from the L.A. Times), some observers expect California's gambling revenue to grow markedly, possibly even exceeding Nevada's gambling take by the end of the decade. Right now, there are 60,000 slot machines in California, and 220,000 in Nevada, and Nevada also provides more gambling options: "Unlike Nevada, California does not allow sports books, craps or roulette, although tribes have devised card games that mimic the classic casino games."
The article also claims that the growth in gambling in California is in part a response to the adoption of property-tax limiting Proposition 13.