The California Senate and Assembly voted on Thursday to approve new tribal-state gaming compacts, sending them to the Bureau of Indian Affairs for review.

The BIA has 45 days to review the compacts before they become law. The BIA could approve, deny or do nothing.

Five tribes signed the new agreements, which call for them to finance a $1 billion bond package for the state and share slot machine revenues with the state. In exchange, the tribes can offer unlimited slot machines.

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Compacts worth $1 billion to state (The Palm Springs Desert Sun 7/2)
Budget sticking point on gambling resolved (The San Jose Mercury News 7/2)
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Tribal gaming deals OK'd (The Riverside Press-Enterprise 7/2)
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Accord on Gaming Clears Way for Budget (The Los Angeles Times 7/2)
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Tribal gaming compacts win legislative approval (The Contra Costa Times 7/2)
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California Lawmakers Pass Tribal Casino Accords (Bloomberg News 7/1)