New Rail Project Could Be Good For Gamblers - Los Angeles Local News, Weather, and Traffic

High-Speed Rail

New Rail Project Could Be Good For Gamblers

Posted: Updated:
Palmdale, CA -

For months now we've been reporting on the state's controversial High-Speed Rail system from San Francisco to Los Angeles. Theoretically, it costs $68 billion at least, with groundbreaking at least six months away.

The state has yet to purchase one acre of farmland for the initial 130 mile route through the Central Valley, yet those running this project say not to worry. With that as the backdrop, there is yet another high-speed train in the works -- this one from Palmdale and Victorville to Las Vegas. Dubbed "Xpress West'' this one is "only" $6.9 billion and the business interests running that one will be applying for a federal loan. 

There was a summit Monday in Palmdale on the Vegas project, mainly to educate business types about how to get in on the action to get jobs and generate money for the region.

There is no real firm timetable for this one, but since it doesn't seem to involve taxpayer dollars directly it will likely generate a lot of support, while Governor Brown seems to be one of the lone voices clinging to the concept of the San Fran/ LA rail that voters approved way back in 2008.  

We'll stay on both of these projects.

  • Features

  • Saving The California Dream

    Monday, June 17 2013 5:26 PM EDT2013-06-17 21:26:48 GMT
    It's been a good week for California. Governor Brown got his budget and California had its best year of economic growth since 2007.
    It's been a good week for California.  Governor Brown got his budget and California had its best year of economic growth since 2007.
  • California High Speed Rail

    Thursday, June 13 2013 10:05 PM EDT2013-06-14 02:05:22 GMT
    The Surface Transportation Board gave the nod today for California High-Speed Rail Authority to start building the initial 65 miles of the bullet train project from Merced to Fresno.
    The Surface Transportation Board gave the nod today for California High-Speed Rail Authority to start building the initial 65 miles of the bullet train project from Merced to Fresno.
  • Wednesday's Child

    Thursday, June 13 2013 1:00 AM EDT2013-06-13 05:00:12 GMT
    [VIEW PHOTO GALLERY] This week on Wednesday's Child, we are revisiting a sister set who, while not close in age, are close at heart.  Selena was born in 1995 and Breyanna in 2002.
    [VIEW PHOTO GALLERY] This week on Wednesday's Child, we are revisiting a sister set who, while not close in age, are close at heart.  Selena was born in 1995 and Breyanna in 2002.
  • California High-Speed Rail

  • California High Speed Rail

    Thursday, June 13 2013 10:05 PM EDT2013-06-14 02:05:22 GMT
    The Surface Transportation Board gave the nod today for California High-Speed Rail Authority to start building the initial 65 miles of the bullet train project from Merced to Fresno.
    The Surface Transportation Board gave the nod today for California High-Speed Rail Authority to start building the initial 65 miles of the bullet train project from Merced to Fresno.
  • California High-Speed Rail

    Friday, June 7 2013 12:15 AM EDT2013-06-07 04:15:43 GMT
    California's High-Speed Rail Authority is moving forward on finalizing a $985 million dollar contract to build the first 29 miles of track from Madera to Fresno.
    California's High-Speed Rail Authority is moving forward on finalizing a $985 million dollar contract to build the first 29 miles of track from Madera to Fresno.
  • Saving The California Dream

    Friday, May 31 2013 9:21 PM EDT2013-06-01 01:21:25 GMT
    A new poll released this week by the Public Policy Institute of California finds most Californians favor Brown's budget, which pays down debt, includes increases in education spending and puts money away for a rainy day.
    A new poll released this week by the Public Policy Institute of California finds most Californians favor Brown's budget, which pays down debt, includes increases in education spending and puts money away for a rainy day.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices