5/4/2015 Group Watch: Poarch Creek Bail-Out?
Last week, it was revealed that the Poarch Creek tribal leaders approached state officials regarding a state bail-out to address the budget shortfall in exchange for a compact that would give the tribe exclusive gaming rights. The proposed compact would also require the tribe to pay the state a percentage of earnings each year. A study by Auburn University Montgomery researchers projects the effects of allowing full casino gaming at existing dog racing tracks could generate $400 million and create 11,000 new jobs. Members of the Senate received a copy of a draft bill relating to a state lottery and gaming regulations prior to adjournment on Thursday. See the full proposal below.
