Tsarfuller

Pressed, but not discouraged-In all things, bringing the heart of Christ to all peoples, nations, tongues, and tribes. Proclaiming the good and acceptable Day of the Lord. Even in the midst of the storm, the heart of man can know peace. Shalom.

Saturday, October 22, 2005

Casinos

http://www2.gsb.columbia.edu/divisions/finance/seminars/micro/fall_03/evans.pdf

Another long article, but details the gaming industry on Native American Reservations. The Federal Government has made it legal for these casino's to operate, outside of the influence of the states where they are established. Casino's in Connecticut, California, and New York, report revenue in excess of $4 billion. The final thought on this paper was the after 130 years on the casino's, Native Americans were among the poorest in the nation. Question: Will another ten to twenty years show that this was a huge mistake for Native Americans?

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