The privilege irritated other casino operators in the area, and he explained that it would secure a better competitive advantage over tribal-owned casinos with lower operating costs.
The Pocagons operate four different casino facilities in New Buffalo, Hartford, Michigan, and Dodgeak. A tribal country, the Fourwins Casino Resort opened in Michigan, competing with Indiana's Blue Chip Casino Hotel Spa. Under pressure from big competition, the blue chip casino needed to cut staff costs, which resulted in 165 employees losing their jobs. The casino's revenue fell significantly, losing $58 million.
the result of the eventual casino opening
Tribal owned casinos, scheduled to open in South Bend in January 2018, are threatening many casino facilities, and tax exemptions for tribal countries are stipulated by the Indian Game Regulation Act 1988. In short, it allows tribal countries to open casino facilities in designated areas without state approval or taxation if they only offer Class II games (Bingo-based fortune games). Since then, the U.S. gambling industry has faltered, with all other casino operators faithfully and honestly paying taxes to the state, but their businesses are struggling.
Matt Bell, executive director of the Indiana Casino Association, acknowledged that tribal countries will benefit from lower operating costs, which will give operators the opportunity to invest more money in attracting players. According to a survey conducted by Bell's executive board, once a tribal-owned casino opens in South Bend, it is expected to negatively affect state tax revenues, reducing $355 million. In addition, casino operators are expected to reduce the number of employees with the aim of cutting costs.파워볼사이트
Sarah Gonso Tate, a member of the Indiana Gaming Board, said the upcoming tribal casinos are most likely not to offer table games because tribal countries have to ask the state for permission to provide Class III games. So far, the Pocagon band has not expressed its intention to offer Class III games. So, it seems to be the only benefit of other casino operators in the region that they don't want to lose their regular customers.
A brief description of the South Bend Casino
In late August, the Casino Report gave readers a quick view of the casino under construction. The South Bend Casino will open at the end of January next year. The game floor will take up 55,000 square feet of space, featuring 1,800 slot machines.