Who really owns California's tribal casinos, and why is not every tribe rich? The episode takes a myth-busting look at the 1987 Cabazon decision and the Indian Gaming Regulatory Act, the truth about beneficial ownership (by law, the sovereign tribe), the divide between a few metro-adjacent mega-resorts and dozens of rural tribes, and the fund that redistributes to the smallest.
Critics argue that financing, construction and consulting deals can route wealth to outside parties even within the management-fee caps, while defenders note federal review of contracts. The money questions are presented as live debates.