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Tribal Casinos Record Revenues, Sports Betting Dips Amid Prediction
By Editorial profile image Editorial

Tribal Casinos Record Revenues, Sports Betting Dips Amid Prediction

Tribal gaming receipts hit an all-time high last year, with commercial casinos also reporting record revenues. However, sports betting has taken a dip, with industry chiefs blaming the “explosive rise” of prediction markets.

Tribal gaming receipts hit an all-time high last year, with commercial casinos also reporting record revenues. However, sports betting has taken a dip, with industry chiefs blaming the “explosive rise” of prediction markets.

New figures from the National Indian Gaming Commission (NIGC) reveal that tribal gaming revenue surged by $2.3 billion. Despite this, the sports betting sector experienced a decline, which experts attribute to the increasing popularity of prediction markets.

By Editorial profile image Editorial
Updated on
Markets Tribal Casinos Prediction Markets