Gambling as a Way to Fund Housing

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California State law allows cities to set the rules on gambling

—method to provide fees for affordable housing

—annual taxes on business licenses for gambling houses

—tax on gambling revenue

—penal code of California lists what kinds of gambling activity are prohibited

—cities can create their own regulations outside of these prohibitions

—City of LA Muni Code Chapter 4 states more gambling activities that are illegal (everything State didn’t catch LA makes illegal)

—this section would have to be repealed or amended

—lobbying effort fellow council members

—neighborhood councils

—housing advocates

—building industry

—gambling is an industry ideal for Hollywood;  can be cited in Hollywood but revenues to fund housing can be distributed to all council districts

--GAMBLING FUNDS HOUSING AND SOCIAL SERVICES IN INDIAN RESERVATIONS

--gambling revenue lost to casino day bus trips can be captured