Schwarzenegger signs Shingle Springs Band compact

Wednesday, July 2, 2008  

California Gov. Arnold Schwarzenegger (R) signed a Class III gaming compact with the Shingle Springs Band of Miwok Indians on Tuesday.

The deal allows the tribe to install a maximum of 5,000 slot machines at its new Red Hawk Casino. The tribe will share between 20 percent and 25 percent of net winning from slot machines, the highest rate in the state.

The tribe also agreed to pay $4.6 million a year to the Revenue Sharing Trust Fund, a much higher amount than any other tribe. Other provisions address environmental impacts, state audits, employment, minimum internal control standards, arbitration, problem gambling and building and safety codes.

The casino will open later this year.

Get the Story:
New casino pact gives state a record share (The Sacramento Bee 7/2)
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Press Release: Schwarzenegger Signs Compact with Shingle Springs Band of Miwok Indians (Gov. Schwarzenegger 7/1)