{"id":60158,"date":"2017-10-07T17:00:25","date_gmt":"2017-10-08T00:00:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=60158"},"modified":"2017-10-07T07:55:27","modified_gmt":"2017-10-07T14:55:27","slug":"tribes-oversold-sports-betting-suggests-pechanga-chairman","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/","title":{"rendered":"Tribes \u2018Oversold\u2019 on Sports Betting, Suggests Pechanga Chairman"},"content":{"rendered":"<p>The economic benefits of legal and regulated sports betting may have been oversold to tribal operators, according to the leader of California\u2019s Pechanga tribe.<\/p>\n<figure id=\"attachment_60163\" aria-describedby=\"caption-attachment-60163\" data-style=\"width: 980px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-60163\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683-1024x683.jpg\" alt=\"Pechanga chairman Marc Marcarro skeptical about sports betting\" width=\"980\" height=\"654\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683-142x95.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683-768x512.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683-600x400.jpg 600w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><figcaption  id=\"caption-attachment-60163\"class=\"text-description\">Pechanga chairman Marc Marcarro is skeptical about projected sports betting revenue projections and says more research needs to be done to help tribal operators make informed decisions about whether to support it. (Image: Shane Gibson\/My Valley News)<\/figcaption><\/figure>\n<p>Speaking at G2E this week, Mark Marcarro, chairman of the Pechanga Band of Luiseno Indians, said projected revenues may have been exaggerated, or are at least difficult to quantify, and has called for more research to be undertaken so that tribal operators can better understand the potential benefits.<\/p>\n<p>California lawmaker Adam Gray has introduced legislation that would authorize sports betting the state, <a href=\"https:\/\/www.casino.org\/news\/supreme-court-sports-betting-case-receives-american-gaming-association-brief\">should the Supreme Court advocate a change<\/a> in federal law when it reviews New Jersey\u2019s case later this year.<\/p>\n<h2><strong>Online Poker Squabble<\/strong><\/h2>\n<p>The Pechangas have been accused of being \u201cobstructionist\u201d over California\u2019s attempt to regulate online poker, due to their insistence that PokerStars, with whom several California tribes have a commercial agreement, should be frozen out of a future market due to its previous \u201cbad actor\u201d status.<\/p>\n<p>Marcarro said that his experience of being involved in the failed process to regulate online poker in California has caused him to be cautious about sports betting, although he does believe it will be a net benefit to the tribal casinos as a whole.<\/p>\n<blockquote class=\"main-blockquote\"><p><strong>\u201cThere were wild estimates out there about the world of liquidity of these things, and by last year [online poker estimates] were down by 75 percent,\u201d he said.<\/strong><\/p><\/blockquote>\n<p>The Pechanga chairman added that he would not be surprised if projected figures for sports betting were to take a similarly wild dive at some point in the near future. While operators report their sports books drive customers to onto the casino floor, the evidence remains \u201canecdotal\u201d and needed to be backed up by cold, hard facts, he said.<\/p>\n<h2><strong>Sports Betting Needs Tribal Support<\/strong><\/h2>\n<p>\u201cWe\u2019re all looking at the same limited amount of data, and there doesn\u2019t seem to be a lot there,\u201d he said, adding that the $150 billion figure is based on data gathered 20 years ago. \u201cWe need some new studies, we need some analytics, we need something quantifiable.\u201d<\/p>\n<p>While the National Indian Gaming Association recently lent its support to the American Sports Betting Coalition, an advocacy group organized by the American Gaming Association devoted to fighting for legal sports betting, many tribes remain circumspect.<\/p>\n<p>The support of the tribes is vital for effective sports betting regulation in the future, but tribal operators are notoriously wary of any kind of gambling expansion that also involves commercial operators and may require renegotiations of their own state compacts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economic benefits of legal and regulated sports betting may have been oversold to tribal operators, according to the leader of California\u2019s Pechanga tribe. Speaking at G2E this week, Mark Marcarro, chairman of the Pechanga Band of Luiseno Indians, said projected revenues may have been exaggerated, or are at least difficult to quantify, and has [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":60163,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tribes \u2018Oversold\u2019 on Sports Betting, Suggests Pechanga Chairman<\/title>\n<meta name=\"description\" content=\"California\u2019s Pechanga tribal operator chairman Mark Marcarro says that projected revenues for regulated sports betting may be exaggerated\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tribes \u2018Oversold\u2019 on Sports Betting, Suggests Pechanga Chairman\" \/>\n<meta property=\"og:description\" content=\"California\u2019s Pechanga tribal operator chairman Mark Marcarro says that projected revenues for regulated sports betting may be exaggerated\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-08T00:00:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-07T14:55:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/\",\"url\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/\",\"name\":\"Tribes \u2018Oversold\u2019 on Sports Betting, Suggests Pechanga Chairman\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683.jpg\",\"datePublished\":\"2017-10-08T00:00:25+00:00\",\"dateModified\":\"2017-10-07T14:55:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"California\u2019s Pechanga tribal operator chairman Mark Marcarro says that projected revenues for regulated sports betting may be exaggerated\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/tribes-oversold-sports-betting-suggests-pechanga-chairman\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/4-8-16-LOCAL-Youth-come-together-photo-2-1024x683.jpg\",\"width\":1024,\"height\":683,\"caption\":\"Pechanga chairman Marc Marcarro is skeptical about projected sports betting revenue projections and says more research needs to be done to help tribal operators make informed decisions about whether to support it. 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