05-28-2009, 07:52 AM
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Banned
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Join Date: Nov 2003
Location: Middle Of Nowhere,
USA
Cobra Make, Engine: ERA 428 FE 4-speed CR "TL" heavy spline
Posts: 3,907
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Not Ranked
It does seem like legalizing gambling and prostitution would provide a ton of benefits for the state. The state can even lease state land to gambling outfits - like Alcatraz for example. Nevada gets all the upside of gambling and CA gets all the downside - money leaving the state.
In my banking career, we served one of the Indian casinos - they netted $120,000 per day - tax free - just one casino. It's big money.
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