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NEWS UPDATES
06Jan
In leading Indian Country’s pandemic recovery, Secretary Haaland has an opportunity to shape a new era of federal Indian policy
Before the pandemic, Indian Country’s economy was on the rise – tribal nations collectively were the 13th largest employer in the United States, powered by steady growth of tribal government gaming revenue. In the past three decades, overall per capita income of Native people on reservations had increased 48%, from…
21Dec
Flutter Will Fight Kentucky’s $1.3 Billion ‘Surprise.’ Why It’s A Risk For The Gambling Sector.
The world’s largest online betting group, Flutter Entertainment, plans to fight a Kentucky Supreme Court ruling imposing more than $870 million in damages from an old lawsuit against one of the company’s newly-acquired subsidiaries. Shares in Flutter, which also owns the U.S. sports betting group FanDuel, slid more than 3%…
06Dec
Online poker companies continue to make more money than ever during the pandemic
In May, a few months into the pandemic, the online gaming industry was seeing record highs in terms of overall revenue. As coronavirus cases have risen even higher since then, so have online casinos’ revenues. New Jersey hit a monthly record of $93.5 million in October revenue from online poker…