🎰Approval of Ho Chunk Nation Gaming Compact Amendments
Indian Gaming; Approval by Operation of Law Tribal-State Class III Gaming Compact Amendment Between the Ho Chunk Nation and the State of Wisconsin
Summary
This notice announces the approval by operation of law the 2024 Amendments to the Ho Chunk Nation and the State of Wisconsin Gaming Compact of 1992, as Amended in 1999, 2003, and 2008 governing the operation and regulation of class III gaming activities. The 2024 Amendment adds event wagering and geofenced remote wagering as authorized class III gaming, provides for minimum internal control standards to conduct event wagering, changes exclusivity payment deduction limits and types of qualifying expenses, and adds additional class III facility locations.
Agencies
- Interior Department
- Indian Affairs Bureau
Business Impact
$$ - Med
The approval of the 2024 Amendments to the Gaming Compact introduces changes to regulated class III gaming activities, including event and remote wagering. This may affect business operations for entities involved in gaming, as it creates new opportunities and compliance requirements. The notice also stipulates internal control standards and operational expansions that can influence financial modeling and planning for businesses in the sector.