While many gaming insiders could also be up to now disappointed within the loss of changes made in executive policy by the Obama administration from its predecessor, tribal casinos could soon be the beneficiaries of adjusted regulations. In keeping with the Wall Street Journal, the present Department of the inner is thinking about dropping a Bush-era policy that tribal casinos be located only on or near reservations.The Bush thinking was that the tribal gambling venues are meant to provide jobs for poverty-stricken reservation Indians. But tribal leaders have long made the purpose that reservation life standards can also be raised by revenue from gaming, even if it's not accompanied by new jobs.
"It's a controversial issue and they are rethinking it," George Skibine of the Bureau of Indian Affairs told the Journal.
Regional casinos could face increased competition if the policy is reversed. Many are lobbying Congress to insist the BIA maintain existing standards.
Tribal spokesmen have also asserted that, while the lands in question is probably not reservation, they generally include ancestral homes of tribes.
Over twenty tribes have prepared plans for off-reservation casinos, once national gambling rules allow it. While gaming ventures are having trouble finding financing, and Indian projects present unique financing difficulties making the casinos an unusual risk, there are some tribes who've already acquired the credit had to build new casinos.
Published on September 28, 2009 by K.C.Carmichael
Read More... [Source: Native Indian Gambling News]
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