Matt Morgan, chairman of the Oklahoma Indian Gaming Association (OIGA), lumped prediction markets in with sweepstakes casinos as the latest incursion of tribal economic independence.
“People want to come in and take things that we’ve built and we’ve worked for. What does that look like? Almost a $44 billion industry last year in a report put out by the National Gaming Commission,” he said. “And so, when it comes to sports prediction contracts, it’s not the first. It’s not going to be the last…”
Morgan said prediction market claims that federal law pre-empts state attempts to regulate them “does not hold water.”
“There’s only one problem with that. In tribal gaming, we have the Indian Gaming Regulatory Act, also a federal law,” he said. “And what we are asking as tribal governments from my members at OIGA … they’re simply asking for the due respect to not come on our tribal jurisdictions without meeting with us and operating within our laws.”