Tribes welcome opportunity to add sports books
By Felicia Fonseca, AP
American Indian tribes are welcoming an opportunity to offer sports betting in potentially hundreds of casinos across the country after the U.S. Supreme Court cleared the way for states to legalize it.
Tribal casinos generate more than $31 billion a year in gross revenue. While adding sports books isn’t expected to boost that number significantly, tribes say it’s another source to deliver services to tribal members.
Many tribes give a share of casino profits to states in exchange for exclusive rights to conduct gambling operations.
In California, voters would have to approve a change to the state Constitution. As is, California tribes have exclusivity in casino-style gambling, and some believe that includes sports betting.