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What started as a trickle with state lotteries turned a flash flood in 1988 when Native American tribes began taking advantage of the Federal Indian Gaming Regulatory Act, which permitted them to function casinos on tribal lands. Almost 300 Indian-run casinos now exist in 28 states with 186 of the 557 federally recognized tribes participating. About 30 casinos are opening per year,4 and additional tribes are vying for a stake in what some have referred to as “the new buffalo.”5
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