
"I anticipate that we'll lose at least 50% of our business, but then at what point does it become viable to keep this business open? The city of San Jose sent a letter to Rob Bonta requesting that the regulations be rescinded. City officials say casinos M8trix and Bay 101 generate about $30 million annually in tax revenue that funds critical services."
"According to the letter, that revenue helps fund 95 police officers, 106 firefighters and the costs associated with 911 and police dispatch services. Over 600 beds for those people who are experiencing homelessness, so that impact is dire and something that really can't be backfilled."
"The California Office of Administrative Law approved changes from the California Department of Justice that will impact card rooms statewide. The new rules include banning traditional blackjack and implementing stricter rotation of the player-dealer position."
California's Office of Administrative Law approved new gambling regulations set to take effect April 1 that will substantially impact card rooms statewide. The regulations ban traditional blackjack and implement stricter rotation of the player-dealer position. Card room operators anticipate losing at least 50% of their business, with potential layoffs among hundreds of employees. San Jose's two major card rooms, Casino M8trix and Bay 101, generate approximately $30 million annually in tax revenue that funds critical city services including 95 police officers, 106 firefighters, 911 dispatch services, and over 600 beds for homeless individuals. San Jose officials have urged the state to reconsider the regulations due to the severe impact on municipal services and employment.
#california-gambling-regulations #card-room-closures #tax-revenue-impact #municipal-services-funding #employment-effects
Read at ABC7 San Francisco
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