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Thread: Indian Gaming Profit Sharing???WTF? Your take?

  1. #1
    beaverretriever
    I sell Harleys as many of you know. I just happened to run credit on a guy that wants to buy a new Ultra Classic. He was a nice guy and we started to shoot the bull. He was about 45 or so yrs old. He is a retired tow truck driver. Well, when it came to his monthly income, he stated $31,000.00 a month!!! That is over 350k a yr.
    He is part of an indian rez in Cali that has a casino on it. He sits back and collects 31k a month income from the casino.
    What do you guys think of this?

  2. #2
    USCFAN
    Must be nice to be him...

  3. #3
    AirtimeLavey
    Yep, anyone that can prove they're part of the tribe gets paid once they're over 18. Years ago, Soboba had some vandalism probs. from some of the teenage tribe members. Then the elders explained that they only take future money out of their own pockets, and things quickly got better.
    Those casinos are making so much, that's why Arnold wanted a piece.

  4. #4
    RitcheyRch
    And he wants finance the bike?

  5. #5
    boats&bars
    Very common to see an income like that from a tribal member.

  6. #6
    squirt'nmyload
    And he wants finance the bike?
    my thoughts exactly

  7. #7
    beaverretriever
    And he wants finance the bike?
    The more you make the more you spend. He has a new 08 F-450, 3 new Harleys already and a 4000k a month house payment.
    The funny part is, I don't even know if he will qualify.. He had a BK

  8. #8
    Screaming Pete
    I sell Harleys as many of you know. I just happened to run credit on a guy that wants to buy a new Ultra Classic. He was a nice guy and we started to shoot the bull. He was about 45 or so yrs old. He is a retired tow truck driver. Well, when it came to his monthly income, he stated $31,000.00 a month!!! That is over 350k a yr.
    He is part of an indian rez in Cali that has a casino on it. He sits back and collects 31k a month income from the casino.
    What do you guys think of this?
    well i think he's getting what he is intitled to under current tribal laws and there profit sharing plan. the tribes also have to create infastruture, schools, medical ect. and he pays taxes also. so there go half of that to the state and fed. so sell him that harley and put 20k extra in chrome on up your comm. a few points and hope he doesn't read hot boat

  9. #9
    RitcheyRch
    Would think with that type of income would have a nice savings account.
    my thoughts exactly
    Very true about the more you make the more you spend.
    The more you make the more you spend. He has a new 08 F-450, 3 new Harleys already and a 4000k a month house payment.
    The funny part is, I don't even know if he will qualify.. He had a BK

  10. #10
    Havasu_Dreamin
    I sell Harleys as many of you know. I just happened to run credit on a guy that wants to buy a new Ultra Classic. He was a nice guy and we started to shoot the bull. He was about 45 or so yrs old. He is a retired tow truck driver. Well, when it came to his monthly income, he stated $31,000.00 a month!!! That is over 350k a yr.
    He is part of an indian rez in Cali that has a casino on it. He sits back and collects 31k a month income from the casino.
    What do you guys think of this?
    If he is entitled to it as a tribe member then what is the problem? It's really no different than a dividend check being mailed to thousands of investors in publicly held companies.....Just so happens that in order to be an investor in this casino you need to be a tribe member.....who cares.....Now, if you wanna talk indian caisnos paying their fair share in corporate taxes then there may be a case to be made.....

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