Speaking at the Oklahoma Indian Gaming Association Conference, the chairman of the California Nations Indian Gaming Association (CNIGA), James Siva, explained that tribal casinos could lose as much as 25% of their gross revenue if prediction markets expansion continues unchecked.
James Siva, the chairman of CNIGA, warned about the potential financial impact on tribal casinos due to the rapid growth of prediction markets. He highlighted that early estimates suggest a significant 25% decrease in gross revenue for tribal casinos if the expansion of prediction markets is not regulated.
