State Senator Lou Correa (D-Santa Ana) has introduced a bill that would help cut into California's budget deficit by installing an online poker system that aims to generate $1 billion in state revenues and 1,100 new jobs over the next
10 years.
Vegas gives it 3-5 odds to pass–or at least Vegas does in my fantasy world.
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By the way, the economic projections are based on a study Correa is using to support his gaming-industry-backed legislation.
He calls it a way to address Cali's $26 billion budget deficit and 12 percent
unemployment rate in one winning hand. Without raising the ante (taxes). Otherwise, we might go bust.
Please make me stop.
“Governor Jerry Brown is rightly looking to not only
cut costs, but to also identify new sources of long-term revenue to
help balance the state budget and to continue funding important public
services including education, public safety and health care,” Correa says. “Senate Bill 40 is a great opportunity to immediately generate more
revenue and put Californians back to work. More important, it keeps
California revenue and jobs here, instead of going out of state or
offshore.”
Another study apparently shows two-thirds of
Californians support the installation of an online poker system to ease the economic mess–as long as the river is a club.
OC Weekly Editor-in-Chief Matt Coker has been engaging, enraging and entertaining readers of newspapers, magazines and websites for decades. He spent the first 13 years of his career in journalism at daily newspapers before “graduating” to OC Weekly in 1995 as the alternative newsweekly’s first calendar editor.