Michael Jackson’s famed Neverland Ranch has been purchased by Colony Capital Group, and rumor has it that the theme park may be transformed into a gaming resort. Colony owns Hiltons in both Vegas and Atlantic City, and their intention of purchasing the ranch could be to convert it to a casino.

It is a ready-made park with a zoo, Ferris wheel, merry-go-round, wave swinger, super slide, zipper, spider, sea dragon, dragon wagon kiddie roller coaster and bumper cars. The notoriety of the ranch will attract many people, but there’s one issue that’s flawed with this idea, if indeed Colony Capital Group is planning to attempt to bring a casino to Santa Barbara County, California.

The State of California doesn’t hand out gaming licenses like they do in Nevada. Rural land is not available for development, and Santa Barbara County is known for stopping developers looking to make a quick buck.