Indian gaming faces big consequences from Supreme Court ruling

A man betting on soccer
A man betting on soccer. Photo: Isaac Kasamani/AFP via Getty Images

The Supreme Court's recent ruling that allows states to legalize sports betting could have a negative effect on Indian gaming.

Bottom line: Many tribes risk losing their exclusive gaming rights within states, which could lead to significant revenue losses. Moreover, they also pay states for such rights, and Indian gaming leaders argue that those contracts must be changed in states where such exclusivity has become moot.