Forget Cellphones; Casinos Say Poker Is Answer to State's Budget Woes

By Sajid Farooq
|  Thursday, Feb 10, 2011  |  Updated 7:40 AM PDT
View Comments (
)
|
Email
|
Print
Weird News Photos: Holiday Edition

Could poker solve California's budget woes?

advertisement
Photos and Videos
More Photos and Videos

California voters may have decided that marijuana was not the answer to the state's budget woes but what about gambling?

A group of California casinos say they could raise about $1 billion over the next decade if the state legalized Internet poker.

The problem is California is facing a $25 billion shortfall right now. But with Gov. Jerry Brown cutting costs wherever he can -- see his $20 million cell phone savings earlier this week -- $100 million a year could go a long way.

The proposal has been put into legislation pending in the state Senate. And the group of casinos is so serious about pushing the proposal it has commissioned a study that claims the state would initially make about $82 million a year initially and it would bounce to over $100 million a year within five years.

But is a state that refuses to kick back and relax ready to turn to gambling to cut into its budget troubles?

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out