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Tribal Casinos May Be Built Around Mall. 2005-09-20
In California the theory is that if a casino is built around failing stores, they will help the stores growth. Million-dollar Indian casinos are looking at where to build their site. One of the options is to build the casino near two outlet malls. These outlet malls are in deep financial troubles, and this could help them out of this.
Sales taxes paid by mall merchants to the city fell by more than half this past decade, based on information found by the area’s City Hall. The mall, which stands at 30% customers and sales, is expected to rise to 50% said Sabrina Bernal, Floor Manager at Barstow Outlets. This is why they are looking forward to possible change.
Two of the planned by the Los Coyotes and Big Lagoon tribes could draw around 2.5 million visitors annually. The idea of this is the hope of the tribal casino. A third tribe eyeing the area for a casino , the Chemehuevis, hope make just as much if even more.
The two outlet malls alone, if there would be a casino could boost retail sales by $380,000 a year. This statistic is coming from the HDL Companies financial consultant to the city, under their personal study made.
(By Andrea)