Concerns over prediction markets are mounting among gaming associations and tribal leaders who are calling on federal lawmakers to impose strict regulations. The American Gaming Association and the Inter-Tribal Council of the Five Civilized Tribes have urged Congress and the Commodity Futures Trading Commission to curb platforms that offer sports betting contracts nationwide. Industry leaders argue these platforms operate outside established state and tribal legal frameworks, threatening tribal sovereignty and draining state tax revenues across the country. Testifying before a Senate Agriculture subcommittee, Christopher Cylke of the American Gaming Association stated that platforms such as Kalshi and Polymarket use federal…

Gambling expansion is always a fight. And when in comes to California sports betting there is a lot on the line. There are so many competing interests and so much money at stake that we should expect this to be a long, convoluted battle. But now the Sports Betting Alliance (SBA) has rolled out a plan that may pave the way to a compromise on the issue. And what makes this particularly exciting is that the Tribes seem to be of the same mindset. At the recent Indian Gaming Tradeshow & Convention in San Diego, representatives from DraftKings and FanDuel…

We have some interesting gambling news to cover this week, and it’s all about how Tribal Gaming could help with the expansion of online gambling in America! And it all stems from a highly contested agreement between the state of Florida and the Seminole Tribe. Now, even Congressmen from New York and California are getting involved, and a new Federal bill could change the whole internet gambling industry in the US! Hello friends! Thanks so much for joining me on another edition of This Week in Gambling, where we have a fascinating show for you discussing how tribal gaming (along…

The numbers are in… and they are staggering, as US Tribal Gaming operators netted $34.6  billion in 2019. Those numbers were reported by the National Indian Gaming Commission and mark a 2.5% jump in revenue. That total was derived from over 500 independent financial statements submitted to the Commission by 245 federally recognized tribes across 29 states. The Commission Chairman said that revenue for 2020 could be in jeopardy, however, due to the Coronavirus pandemic. The reports for 2019 profits were recorded well before the forced closures of commercial and tribal casino operations this year. More about Tribal Gaming profits…

What a week of gambling news! Tribal Gaming and the governor of Oklahoma have escalated their fight in that state to lawsuits and name calling. Plus, Tribal Casinos are now in the center of a sports betting disagreement in Washington State. We also talk about dragons and marijuana. Howdy friends J Todd back again with another edition of This Week in Gambling, and oh boy… do we have a good one for you this week! Insults! Fighting! Threats! Lawsuits! It’s all in this week’s big story! A while back we told you all about a conflict in the state of…

We have a week full of gambling news to cover, with sports betting news in Colorado and betting kiosks rolling out in Montana! Also, as betting on horses thrives in Kentucky, some there have a “moral objection” to betting on sports! Plus, tribal gaming news from Oklahoma and Chinese hackers hit online gambling sites!   Hello people, and thanks for joining me on on another stroll through the gambling news. Although this week we don’t have a big story, just a bunch of little ones! So let’s get right into it with betting on sports in Colorado! Seven licenses for…