In the United states, gambling enterprises that are owned by federally-recognized Native American can operate on reservation or other tribal lands, including range of business operations, from full casino facilities with slot machines and Las Vegas-style high-stakes gambling to smaller facilities offering games such as bingo, lotteries, and video poker.
Because U.S. laws recognize certain forms of tribal sovereignty and self-government, native-owned casinos enjoy some immunity from direct regulation by individual states. However, tribal gaming operations must comply with the Indian Gaming Regulatory Act of 1988 and other federal laws.
According to Giles, tribal casinos are great place for innovation to occur in gambling industry because tribes are built upon sovereignty that is pre-existed in the United States . “A lot of this tribes are taught to protect that sovereignty over decades, faced with extinction. The best economic driver that they have discovered especially in the 21st century has been gaming. the gaming destination are reflective of their society and their culture. And that’s what Indian gaming so unique.”
Giles also added that tribal gaming needs to improve on internet-based gaming, how to reach to more and more of your customers through an interface, whether it’s an internet gaming or just some form of web-based entertainment where you draw in more customers through your website, through various offers.
Watch the video to hear more from Jason Giles.