Monday, October 18, 2004

State's Gamble Exceeds Predictions

What's that mean? It's in the San Francisco Chronicle. Here's an excerpt:


When opponents of the state measure authorizing Indian casinos campaigned around California in 2000, they warned that backers of the initiative would continue to push for limitless expansion of gambling.

It will be in cities, near churches and schools, they warned. You won't be able to control it. They said the state, like others before it, would become overly reliant on rising casino revenues.

And now, just four years later, they can say that their worst fears have been realized: Only their cost estimates were just a tad conservative.


Get the rest of the story here.


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