"Despite what some people may think about casino gambling, the bottom line is that both the state of Wisconsin and its Indian tribes have a huge financial stake in the continued operation and success of those casinos. Yes, the tribes turn a handsome profit from the casinos, but they share their earnings with the state and, of course, its taxpayers.
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So it was simply good business sense for Gov. Jim Doyle and the Forest County Potawatomi tribe, who operate the most lucrative casino in the state, to reach a new agreement, which was announced Tuesday.
Although the new compact was immediately criticized by Assembly Speaker John Gard (R-Peshtigo), no one, not even Gard, can dispute that the state will get a lot in return, although clearly not as much as Gard thinks it should. The Potawatomi estimate that the tribe will pay the state $750 million over the life of the agreement for its Milwaukee casino. The state will get the first installment, about $43.6 million, this year."
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Editorial: Good deal for Wisconsin
(The Milwaukee Journal Sentinel 10/6)
Opinion
Editorial: Gaming compact good for Wisconsin
Thursday, October 6, 2005 More from this date
Editorial: Gaming compact good for Wisconsin
Thursday, October 6, 2005 More from this date
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