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New casinos, no new cash: Why California won’t see revenue from latest tribal deal
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Straight Arrow News
It also eliminates much of the revenue sharing the tribe has had to do under past agreements, and that many tribes are still doing.
The previous compact with this tribe also required them to put money into what was called the Revenue Sharing Trust Fund.
“California has foregone the revenue sharing that it had in the past,” Light said.
Arnold Schwarzenegger negotiated significant revenue sharing with tribes when he led the state in the early 2000s.
“This may be California trying to comply with this new clarified law about what is okay for revenue sharing and what is not,” Light said.