Sports Bets in North Carolina Go Live

Two tribal casinos are taking sports bets in North Carolina Friday when Governor Roy Cooper signed a bill allowing the activity at limited locations. The bill restricts sports wagering to tribal lands and does not allow mobile bets. Revenue estimates for sports bets and horse betting are between $1 million and $1.5 million for the state annually. The original wagering bill was passed in April with the approval of the state North Carolina Senate and House of Representatives. The Eastern Band of Cherokee Indians was the only tribe that agreed to a compact with the state. The activity of betting…

North Carolina Sports Betting Discussion

State lawmakers continue to move forward a bill that would allow North Carolina sports betting on tribal land, but no where else in the rest of the state. The legislation will likely get a hearing on the House floor in the coming days after passing a final committee Wednesday. On Tuesday, the House Commerce Committee gave its approval to the bill, which would also allow horse wagering on tribal casino land. The bill passed on a voice vote with two audible dissenting votes — Rep. Keith Kidwell, R-Beaufort, and Frank Iler, R-Brunswick. It now awaits a hearing in the House…

Oklahoma Governor Wants More from Tribal Gaming Revenue

Leaders with Oklahoma’s powerful Native American gaming are voicing frustration with the state’s Republican governor. He caught them off guard recently with plans to force a renegotiation for a bigger piece of the billions of dollars Tribal gaming revenue. A Cherokee Nation citizen himself, Gov. Kevin Stitt suggested in an editorial Monday in the Tulsa World the compacts between the state and the tribes should be reevaluated since the industry has matured. Under the deal, tribes are given the exclusive right to operate more than 120 casinos across Oklahoma. They paid nearly $139 million to the state last year on…

New York Sports Bets Live

This week, New York sports bets became official as they joined an ever increasing list of states allowing allowing the activity. New York’s regulation of the activity comes more than a year after the U.S. Supreme Court lifted the ban that had restricted sports betting outside of Nevada. Gambling officials and casino executives in New York are eager to catch up to New Jersey, where gamblers have placed more than $3 billion worth of sports bets in the first full year since wagering became legal in that state. “Right now, Jersey is cleaning our clock when it comes to sports…

Eldorado Resorts Could Become America’s Biggest Gaming Company

Nearly a half-century after Eldorado Resorts opened their first property in Reno, they have become the talk of the gambling industry. They reached an agreement to purchase Caesars Entertainment, assuming the $17.3 billion deal gets the necessary regulatory and shareholder approval. And now, Eldorado, which only went public in 2014, is poised to become the largest gambling company in the country. It will grow from 26 properties and 18,000 employees to 81 properties and about 81,000 employees. While Eldorado shareholders will own a majority of the combined company — about 51% — the merged company will bear the Caesars name. The…

Tribal Gaming Partnership with William Hill

Tribal Gaming in New Mexico will partner with William Hill US through a new agreement with the Mescalero Apache Tribe, operator of the state’s Inn of the Mountain Gods Resort & Casino. The tribe has selected William Hill to power the launch of a new sports book within the venue, the operator and supplier’s first partnership in the state, and its first tribal agreement outside of Nevada. “Over the years, our customers have come to expect a high level of service and the best casino offerings possible,” Inn of the Mountain Gods chief operating officer Frizzell Frizzell Jr said. “Our…