Facing Grim Revenue Outlook, U.S. Indian Gaming Forays Into Sports Betting
12th Jun 2020 | Written by: Tony Batt
- Indian gaming losses this year likely to far exceed those during Great Recession
- Tribal gaming executive wonders why tribes want sports betting when there are no sports
- Uncertain future for large money-making tribal gaming conferences
Early projections indicate Indian gaming revenue will decline by almost 35 percent this year after an almost three-month lockdown of tribal casinos during the coronavirus pandemic.
“Right now, we’re on pace to make $22bn,” Jason Giles, executive director of the National Indian Gaming Association (NIGA), said earlier this month during a Zoom conference with tribal gaming officials.
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