Valley Center, CA… A new Economic Impact Study reveals Rincon’s tremendous positive impact across southern California and throughout San Diego County.
In 2018, Rincon generated more than $350 million in total economic output, supporting nearly 3,500 jobs and providing an additional $20 million in tax revenue.
Notably, this study shows a significant increase in overall impact since the previous study in 2013. Continuing this impressive rate of growth, Californians will benefit from an additional $735 million in economic impact through 2020.
“This study confirms we’re providing great value to our people, our local communities and all Californians,” said Rincon Tribal Chairman Bo Mazzetti. “Indian gaming provides a solid foundation for mutual value, and we will continue to build on proven success that reflects our core values of vision, unity and perseverance.”
The Tribe has also invested heavily to support diverse organizations and charities whose goals include comprehensive healthcare, preserving San Diego’s resources and assisting military veterans. In total, the Tribe donated over $860,000 to more than 60 worthy causes in 2018.
The economic engine driving this explosive growth is Harrah’s Resort Southern California, owned by the Tribe and operated by Caesars Entertainment Corporation on Tribal lands.
“The Rincon Band of Luiseño Indians is thriving, and this report underscores the critical impact we continue to make by generating good paying jobs, impressive economic activity and major tax revenue,” added Rincon Vice Chair Tishmall Turner. “We look forward to continued growth and cooperation that benefit all Californians.”
The study was conducted by Beacon Economics, an independent research and consulting firm, to analyze the economic and fiscal contributions The Tribe makes to California, San Diego and, specifically, the 49th, 50th and 52nd Congressional districts.
2018 economic outputs in the 49th, 50th and 52nd Congressional districts were $179.7 million, $88.3 million and $12.6 million respectively. More information can be found at: www.rincon-nsn.gov
About the Rincon Tribe
The Rincon Band of Luiseño Indians is a sovereign government recognized by the United States of America. The Tribe owns Harrah’s Resort Southern California and uses profits from this and other commercial enterprises to provide government services including police and environmental enforcement; economic development; healthcare and culture programs; and a tribal court. At no cost to taxpayers, Rincon’s public safety operations respond to emergencies in the neighboring communities, with more than a majority of calls generating outside the Reservation. Rincon’s tribal enterprises are significant contributors to the North San Diego County economy through job creation, tax generation, purchase of local products and services and charitable donations.
About Beacon Economics
Founded in 2007, Beacon Economics, an LLC and certified Small Business Enterprise (SBE) with the state of California, is an independent research and consulting firm dedicated to accurate, insightful, and objectively- based economic analysis. Leveraging unique proprietary models, vast databases, and sophisticated data processing, the company’s specialized practice areas include sustainable growth and development, real estate market analysis, economic forecasting, industry analysis, economic policy analysis and economic impact studies. Beacon Economics equips its clients with the data and analysis required to understand the significance of on-the-ground realities and to make informed business and policy decisions.
Valley Center, CA… The Rincon Band of Luiseño Indians announced today that they will be presenting a $10,000 gift to Escondido’s 2019 Cruisin’ Grand, today, Friday April 5, 2019 at 6:00pm at the main DJ Booth located at Broadway and Grand Avenue in Downtown Escondido. This $10,000 donation will support the music venue which will highlight local musicians and talent.
“We are proud to support this event and are incredibly appreciative for our long-lasting friendship with founder of Cruisin’ Grand Steve Waldron,” expressed Chairman of the Rincon Band of Luiseño Indians, Bo Mazzetti. “This event makes a huge impact in our region and are thrilled we can give back and help this venue become a memorable occasion for visitors and residents alike.”
Cruisin’ Grand has become the number one car cruise in the nation due to its attendance, community support and venue. Its where the high-end hotrods cruise and park, but more importantly it’s a gathering place for friends and families to spend time together, visit local restaurants and businesses and rediscover all that downtown has to offer.
“We are very grateful by the outpouring amount of support we have received from our local community,” said founder of Cruisin’ Grand, Steve Waldron. “With the Rincon Band of Luiseño Indians supporting our music venue we can expect a very successful program recognizing local talent as well as our local historic downtown, our car community and the people of North County. Thank you Rincon for partnering with our community.”
Cruisin’ Grand is open Friday nights from 5:00pm – 9:00pm, April through September. For more information and for an updated calendar of events, please go to: www.cruisingrand.com
ABOUT THE TRIBE: The Rincon Band of Luiseño Indians reside on a 5,000-acre reservation in Valley Center, California. Established in 1875, the Rincon Band is recognized by the federal government as a sovereign nation, and is governed by an elected Tribal Council.