Development company Laguna in New Mexico aligns with anti-gambling organization
Pueblo of Laguna Tribe's Development Corporation Joins National Opposition to Online Gambling
The Laguna Development Corporation (LDC), the gaming arm of the Pueblo of Laguna tribe, has joined the National Association Against iGaming (NAAiG), expressing significant concerns about the expansion of online gambling and its potential negative impact on their tribal casinos' revenue, community services, and sovereignty.
In a recent statement, Maxine Velasquez, President and Chief Executive of LDC, emphasized the importance of tribal revenues in supporting essential community services in New Mexico. She did not mention any specific large operators in the online gambling industry but highlighted the threats posed by online gaming, such as potential job losses, reduced revenue, and increased gambling addiction risks.
The LDC's decision to join NAAiG underscores the direct connection between the success of their physical casino operations and the well-being of the tribal community. By joining forces with other organizations opposing iGaming, the LDC aims to protect their long-established economic and social benefits derived from physical casino operations.
The rapid growth of online gambling poses a challenge to the Pueblo of Laguna specifically, as it competes directly with physical casinos, which are crucial for funding community services and employment. Online gaming can divert customers from brick-and-mortar casinos, thereby reducing revenues that fund tribal programs and services.
The concerns of the LDC are focused on the impact of online real-money gaming on traditional land-based casinos. The profits from tribal casinos in New Mexico support programs such as elder care, scholarships, health services, and public safety. By joining NAAiG, the LDC is taking a proactive approach to address these concerns and ensure the continued success of their physical casinos.
The move by the Pueblo of Laguna's development corporation reflects growing concerns among tribal nations about online gaming expansion without their input, which could undermine sovereignty and tribal governance over gaming. The LDC's stance frames iGaming as a significant threat requiring coordinated opposition to protect their economic and social benefits derived from physical casino operations.
In contrast, some other tribal casinos are investing in upgrading their online platforms to modernize and expand their digital gaming offerings. However, for the Pueblo of Laguna, the focus remains on preserving the benefits of their physical casinos and the essential community services they support.
References:
- Pueblo of Laguna Tribe's Development Corporation Joins National Association Against iGaming
- Maxine Velasquez Speaks About LDC's Decision to Join National Association Against iGaming
- Impact of iGaming Expansion on Tribal Casinos
- Online Gambling: A Threat to Tribal Sovereignty and Cultural Heritage
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