Gaming
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- By Chez Oxendine
- Gaming
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A Tuesday roundtable of the Senate Committee on Indian Affairs brought tribal leaders and federal lawmakers together for what participants called the most direct conversation yet about the rapid growth of prediction markets and their impact on tribal gaming and sovereignty.
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- By Chez Oxendine
- Gaming
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Prediction markets remain one of the most closely watched issues in Indian gaming as tribes challenge federally regulated sports event contracts in court and warn they threaten tribal gaming exclusivity.
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- By Chez Oxendine
- Gaming
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Just days after the Scotts Valley Band of Pomo Indians opened a preview casino in Vallejo, Calif., the U.S. Department of the Interior withdrew its earlier gaming determination for the tribe's trust land, forcing the temporary facility to close and sending the broader project back into legal uncertainty.
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- By Chez Oxendine
- Gaming
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Senate lawmakers from both parties have outlined concerns about the Commodity Futures Trading Commission’s proposed rule on prediction markets and its potential effects on tribal authority over gaming. The letters address consultation requirements, jurisdictional questions, and the relationship between federal derivatives regulation and tribal and state gaming systems.
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- By Chez Oxendine
- Gaming
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Four New Mexico tribes asked a federal judge for a preliminary injunction blocking prediction market operator Kalshi from offering sports‑event contracts on their lands, saying the company is conducting class III gaming without authorization under the Indian Gaming Regulatory Act.
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- By Chez Oxendine
- Gaming
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House lawmakers questioned Tuesday whether federally regulated sports-event prediction markets are operating outside state and tribal gaming laws, as litigation over the markets continues in several states.
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- By Chez Oxendine
- Gaming
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Tribal gaming revenues continue their steady climb in fiscal 2025, according to data released by the National Indian Gaming Commission today.
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- By Tribal Business News Staff
- Gaming
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Seneca Resorts & Casinos has signed a multi-year agreement to become a founding partner of the new Highmark Stadium, extending its two-decade relationship with the Buffalo Bills as the team's official casino.
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- By Chez Oxendine
- Gaming
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Prediction markets have reduced tribal gaming revenue across the country by an estimated 5%, cutting into funding for tribal government programs, according to the chairman of the California Nations Indian Gaming Association.
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- By Chez Oxendine
- Gaming
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A federally regulated online exchange is asking a New Mexico court to throw out a tribal lawsuit that targets its sports‑event prediction markets.