By The Weekly Edge desk ·
CasinoBeats reported that NIGC figures showed tribal gaming revenue rose by $2.3bn to a record level last year. The report also described declining sports betting revenue, which industry executives attributed to prediction markets.
The figures contrast tribal gaming growth with the sports betting decline described by industry executives.
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The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
The leadership vacancy is delaying some tribal property transactions.
Tribal gaming revenue exceeded its previous annual record.
The report gives tribal gaming stakeholders a higher annual revenue benchmark.
Tribal gaming generated more revenue than in the preceding fiscal year.
Tribal casino revenue reached a fiscal-year record.