Fitch Ratings releases new report on off-reservation gaming

Monday, February 13, 2012  

Fitch Ratings has released a new report that looks at off-reservation gaming under the Obama administration.

According to the report, President Barack Obama is more open to off-reservation gaming. “The regulatory headwinds for off-reservation gaming seem to be reversing three years into the Obama administration, albeit at a slow pace,” Fitch said, according to State House News Service.

Last June, the Bureau of Indian Affairs rescinded a guidance memo that was overly restrictive of off-reservation gaming. Since then, the agency has approved some off-reservation casino projects in California and Michigan but has also rejected others in New Mexico and California.

Fitch anticipates a more favorable reception for off-reservation casinos if Obama wins the November 2012 election.

Get the Story:
Analysis: Obama friendly to tribal gaming (State House News Service 2/13)
Press Release: Fitch releases special report on off-reservation gaming (Fitch Ratings 2/10)