“Tribes should be extremely hesitant to entrust their economic futures to the tender mercies of the 50 states, many of whom are still in financial crises and looking for new sources of revenue,” Bruce “Two Dogs” Bozsum said in testimony prepared for a Senate Indian Affairs Committee hearing on the Issue Thursday. Bozsum is chairman of the Mohegan Tribe of Uncasville, Conn., which has large casino operations.
Bozsum said his tribe has invested a “great deal of time” preparing Internet gambling regulations. “These regulations now stand ready to be implemented, and will meet or exceed the toughest regulations found anywhere in the world, including the new standards recently established in Nevada,” Boszum said.
According to the Senate Indian Affairs Committee, tribal gambling was a more than $27 billion industry in 2011, while commercial gambling was $35.6 billion and worldwide gambling revenues were $30 billion.