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Tribes ‘Oversold’ on Sports Betting, Suggests Pechanga Chairman

David Sheldon Oct. 7, 2017 The economic benefits of legal and regulated sports betting may have been oversold to tribal operators, according to the leader of California’s Pechanga tribe.
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Speaking at G2E this week, Mark Marcarro, chairman of the Pechanga Band of Luiseno Indians, said projected revenues may have been exaggerated, or are at least difficult to quantify, and has called for more research to be undertaken so that tribal operators can better understand the potential benefits.

California lawmaker Adam Gray has introduced legislation that would authorize sports betting the state, should the Supreme Court advocate a change in federal law when it reviews New Jersey’s case later this year.

 

Complete article: Tribes ‘Oversold’ on Sports Betting, Suggests Pechanga Chairman