News

  • Why sports betting may not make business sense for many tribal casinos

    9 October 2017

    “‘I don’t think the message is being conveyed properly of the risks and the lack of extreme profitability in sportsbooks, or the division of revenues and how that’s all going to play out…'”

  • Mystic Lake hotel expansion to be done for New Year’s Eve

    28 September 2017

    ‘We, at the gaming enterprise, are excited this is going to be a destination of world-class entertainment and event experiences.'”

  • Tribal position on sports betting will come into focus at Phoenix conference

    20 September 2017

    “John McCarthy, executive director of the Minnesota Indian Gaming Association, says tribes in the Land of 10,000 Lakes would reject the notion of renegotiating existing compacts, which have no revenue-sharing provisions.”

  • Night of Champions at Running Aces

    18 September 2017

    “Running Aces Casino & Racetrack just completed it’s 10th season of Live Harness Racing, and numbers are up in every conceivable category. Large crowds were the norm throughout the 2017 season, with a 36% increase in on track attendance over what were already very strong attendance figures from last season. “

  • Sports betting bill coming in Minnesota: Rep says ‘We want to have it safe, regulated’

    12 September 2017

    “It’s notable that Minnesota is not one of the 16 states that has enacted daily fantasy sports laws. Whether that means a tough road for a sports betting bill is unclear. However, Minnesota’s tribes will certainly have to be included in any discussion of legalization. The 11 tribes there have already started to think about the future of sports betting. Minnesota also has no casino gambling. It’s not clear how sports betting would take place in the state outside of the tribal gaming structure, if at all.”

  • Implementation of sports betting would be ‘tricky’ in Indian Country, if federal ban lifted

    15 August 2017

    “…while commercial casinos are prepared to run with sports betting, expanding the scope of legal gambling will be problematic for 244 tribes in 29 states operating under federal law (IGRA) and tribal-state compacts limiting the scope and regulation of gambling on Indian lands… few compacts cover sports betting, which means the agreements will have to be amended if PASPA prohibitions are lifted and tribes want to offer that form of wagering.”

  • Casino industry in US has new rules for responsible gambling

    9 August 2017

    “The code of the American Gaming Association calls on casino operators to be more transparent with patrons and provide training to employees. Its announcement in Las Vegas came within months of two high-profile criminal cases that drew attention to the effects of compulsive gambling as authorities believe the perpetrators were problem gamblers.”

  • Tribes split on whether to embrace sports betting: No ‘one-size-fits-all’ answer

    7 August 2017

    “Several lucrative casino tribes and those seeking to expand their gambling enterprises beyond Indian trust lands are embracing the prospects of legal sports gambling… But most of the 244 tribes operating 480 gambling facilities in 29 states are opposed to or at least cautious of the impact sports betting will have on tribal-state regulatory agreements, or compacts, required under the Indian Gaming Regulatory Act (IGRA) for tribes offering casino-style gambling.”

  • Editorial: State taking too much tax from charitable gambling

    22 July 2017

    “We truly hope the reports of the death of charitable gambling in Minnesota is greatly exaggerated and our local legislators will take up the cause next session. The bottom line is proceeds that nonprofit groups raise from charities stay in our communities, helping out local people.”

  • Abandoned DraftKings-FanDuel merger could spell the end of daily fantasy sports — and the dawn of legalized betting

    18 July 2017

    “In the relatively short period since the daily-fantasy explosion, the NHL has gone to Las Vegas, the NFL has done the same, and NBA commissioner Adam Silver has gone on record in support of legalized sports betting. Last month, the U.S. Supreme Court agreed to hear New Jersey’s attempt to make sports betting legal in that state.”