California Gaming Tribes Share $200 Million

18 November 2005

SACRAMENTO, California – (PRESS RELEASE) -- Checks, drawn from more than $200 million deposited by gaming tribes, were sent yesterday to eligible tribes throughout the state. The revenue-sharing program, the first of its kind in the nation, was launched by California gaming tribes to help non-gaming tribes and those with very limited gaming.

As provided in the tribal-state compacts signed by 61 tribes in 1999, 70 of California's 107 federally recognized tribes qualify for assistance from the fund. Each eligible tribe will receive a quarterly payment of $275,000 bringing the total distribution to $19,250,000.

"Many of California's Indian tribes lack sufficient funds to fully satisfy the need for basic governmental services to their members," said Anthony Miranda, chairman of the California Nations Indian Gaming Association (CNIGA), which represents 66 federally recognized tribes. "It is important that all eligible tribes continue to receive this much needed revenue. Revenues from this fund are allowing tribes to improve roads, healthcare, education, housing, and to build strong tribal governments through economic diversification."

Monies to the 70 tribes are drawn from the Indian Gaming Revenue Sharing Trust Fund ("RSTF") and the Special Distribution Fund ("SDF") created as part of the historic tribal-state compacts signed in 1999 with the State. Under the compacts, eligible tribes may receive up to $1.1 million annually from the RSTF. If funds are not sufficient to pay the total $1.1 million each, the compacts provide for the SDF to backfill the shortfall.

"California's gaming tribes are proud the 1999 tribal-state compacts created a tribal revenue sharing program from funds generated by California tribes solely to support other California tribes. To date, California's gaming tribes have paid more than $146 million into the Revenue Sharing Trust Fund and nearly $319 million into the Special Distribution Fund," said Miranda.

The checks issued yesterday are the first to be issued since the passage of AB 1750 which authorizes the backfill of the "RSTF" shortfall from the "SDF" each fiscal quarter rather than at the end of the fiscal year. AB1750 also requires payment to be issued within forty-five days of the end of each fiscal quarter, allowing eligible tribes to engage in viable, long term financial planning.


Related Links
California Nations Indian Gaming Association (CNIGA) Association Information
Californian Gambling

Featured Vendors
TOP ONE TECH LIMITED
TDN Money Systems
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR
Global Gaming Expo (G2E)
Kallop
Global Gaming Expo (G2E)
The largest gathering of global, commercial and tribal gaming professionals in North America.
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
Talisman Group Creators of EZ Baccarat
Casino Network
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Slot Machines Unlimited
Rymax Marketing Services, Inc.
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Casino City Press
Imagine This
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Sunkist Graphics, Inc.
Plastic Card ID
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Plastic Card ID
The World’s Lowest Prices on Printed Plastic Cards and Card Printers!
Oklahoma Indian Gaming Association (OIGA) Conference
Broadband Hospitality
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
.Dot-iGaming.com
Casino Schedule Ease
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
TribalHub
AmericanChecked
TribalHub
23rd Annual TribalNet Conference Sept 12-15, 2022 Grand Sierra Resort & Casino in Reno, NV
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Betson Imperial Parts & Service
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!


Your Guide to 15,522 Gaming Industry Suppliers