AI Summary
Sign in to listen

OIGA challenges Kalshi-backed Tribal prediction market apps

OIGA says sports event contracts threaten Tribal gaming rights and revenue, as Kalshi backs new apps for four Tribal ventures.

1 min read
app
Key Points
OIGA argues that sports prediction market apps conflict with Tribal gaming law and Oklahoma’s compacts
None of the Tribes developing the Kalshi-backed apps is an OIGA member
The association wants to work with lawmakers on new Class III gaming options

The Oklahoma Indian Gaming Association (OIGA) has reiterated its opposition to sports prediction market apps, arguing that they conflict with the Indian Gaming Regulatory Act and Oklahoma’s Tribal-state gaming compacts.

In a recent statement, the association said its member Tribes regard sports event contracts as illegal Class III gaming that encroaches on Tribal sovereignty. OIGA also said the apps threaten gaming revenue used to fund Tribal government programmes and services. 

The statement follows Kalshi’s announcement that four Tribal ventures are launching independently branded prediction market apps powered by its exchange. One is the Alabama-Quassarte Tribal Town of Oklahoma, which plans to launch PokkeTrades. The other three are based in California. 

According to Kalshi, each Tribe will own its customer-facing app, while Kalshi supplies the exchange, clearing and market surveillance infrastructure.

OIGA stressed that none of the Tribes entering these arrangements belongs to its membership. It declined to comment on their decisions, distinguishing the association’s position from the choices of other Tribal governments.

Instead, OIGA said it intends to work with Oklahoma lawmakers on legislation permitting new Class III gaming options that remain consistent with the state’s compacts. It described that route as serving both member Tribes and Oklahoma residents.

OIGA’s proposed legislative route follows the Oklahoma Senate’s April rejection of HB 1047 by 27 votes to 21. The bill would have allowed Tribal retail sports betting and a statewide mobile framework built around Tribal partnerships. 

Separately, lawmakers overrode Governor Kevin Stitt’s veto of SB 1589 in May, prohibiting the operation and promotion of sweepstakes casinos.

Good to know

One of the four Kalshi-backed ventures is based in Oklahoma, but its Tribe is not an OIGA member

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
Azerbaijan Royale Casino

Royalé Casino rising: Can Azerbaijan build the Vegas of the Caucasus?

Azerbaijan is betting big on Royalé Casino, a luxury gaming resort planned as the starting point for a much larger, long-term livable resort city expansion. Can businessman Emin Agalarov’s ambitious vision turn Baku into a new gaming hub?

6 min read • • By Marieta Lezaic
Sydney X Novig

Novig’s Sweeney gamble pays off – but can it sustain the momentum?

A controversial ad has delivered a major boost for Novig. But can it turn one-off viral attention (and backlash) into lasting engagement?

4 min read • • By Marieta Lezaic
T&Cs

What are gaming’s most unusual legal & regulatory requirements?

A slot timed with a stopwatch. A roulette chip that refused to leave the table. A theme park ticket turned casino penalty. Across the globe, surprisingly small details can carry rather expensive consequences…

6 min read • • By Jack Found

In The News

View All
opening
[ELEVATED IMPORTANCE]

Casino-Théâtre de Cayenne sets 5 November opening date

Cogit Group has announced a revised opening date for its casino, dining and entertainment venue in French Guiana after earlier delays.

· Land Based + 3