The Future of Tribal Gaming in the USA: Insights from Industry Expert E. Sequoyah Simermeyer
Tribal gaming in the United States is poised for continued growth and evolution, says industry expert E. Sequoyah Simermeyer, in an interview with gaming news site, Gamingtoday.com. As a former chairman of the National Indian Gaming Commission and current vice president of strateg
ic partnerships at FanDuel, Simermeyer offers valuable insights into the trajectory of the tribal gaming sector.
Steady Growth and Adaptation
Despite challenges such as the COVID-19 pandemic, tribal gaming has shown remarkable resilience. Simermeyer notes that the industry has "continued to grow to record numbers," with revenues exceeding $40 billion in the last recorded year. This growth is underpinned by the Indian Gaming Regulatory Act (IGRA), which has provided a stable framework for nearly four decades.
Technological Innovation as a Driving Force
Simermeyer emphasizes that technological innovation has been a consistent "watershed moment" in the industry's development. He points out that even the original lawmakers behind IGRA anticipated that "technological aids are going to be part of how the industry grew." This foresight has allowed tribal gaming to adapt to new trends and opportunities.
The "Hub and Spoke" Model: A Potential Game-Changer
One of the most significant recent developments is the "Hub and Spoke" model, pioneered by the Seminole Tribe of Florida. This system, which allows bets placed off tribal lands to be processed through servers on tribal territory, has been upheld by courts and could serve as a template for other tribes. Simermeyer describes it as "definitely a potential model," though he cautions that its applicability will depend on existing relationships between tribes and states.
California: A Key Battleground
The future of sports betting in California remains a hot topic. Simermeyer emphasizes the importance of tribal voices in shaping any future legislation. When asked about the timeline for sports betting legalization in California, Simermeyer stated:
"I don't know that I can predict. I know that it's important for and will likely be tribes that'll be a leading voice in how that is going to take place in the future."
He also highlights the strong coalitions and relationships among California tribes as a crucial factor in navigating this complex issue.
Diverse Paths Forward
Simermeyer stresses that the future of tribal gaming will not follow a one-size-fits-all approach. "There's a lot of diversity across Indian gaming in terms of the future path that's been charted by leadership and by their enterprises," he explains. This diversity allows for tailored strategies that best serve individual tribal communities and their unique circumstances.
As tribal gaming continues to evolve, it faces both challenges and opportunities. With strong leadership, technological adaptation, and a focus on partnership and cooperation, the industry is well-positioned to navigate the changing landscape of gaming in the United States.
Source:
Interview with E. Sequoyah Simermeyer, Gaming Today, August 9, 2024
By GamesAndCasino