"The rumor scurries into town every few years, old-timers say, and it’s back again, lurking this time in that cauldron of get-rich-quick schemes so expertly stirred by our impressive local army of scam artists and swindlers.
Sorry, I mean alleged swindlers.
The rumor: An Indian casino is headed for the currently casino-less San Luis Obispo County.
The cauldron: An allegation in the bankruptcy case of Kelly Gearhart that mentions such an effort by the Salinan tribe.
I’m not going to get into the allegations. I leave that to my colleague Melanie Cleveland, whose reporting over the past year about Gearhart, Hurst Financial and other “entrepreneurs” has peeled the skin off a hair-raising series of putrid economic enterprises.
My purpose here is to explore what my chances are of winning some money at the tables in this county.
The answer: Not very good.
Even if the Salinans had had a reliable sugar daddy to back their efforts, as they erroneously believed they had with Gearhart, a casino might never have come to pass.
Not to discourage folks whose right arms are twitching with the desire to pull down on a slot machine, but starting a casino is no easy matter."
Get the Story:
Bob Cuddy: Long odds in short term for casino
(The San Luis Obispo Tribune 7/11)
Another Story:
Kelly Gearhart accused of diverting $1 million to Salinan Indian casino effort (The San Luis Obispo Tribune 7/10
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