Gaming Compact
The "Gaming Compact" refers to agreements made between state governments and gaming tribes in the United States. These compacts outline the terms under which tribes can operate casinos and other gaming facilities, including revenue sharing and regulatory oversight. They aim to balance the interests of the tribes with state regulations.
Typically, these compacts are negotiated to ensure that both parties benefit economically while adhering to federal laws. The agreements can cover various aspects, such as the types of games allowed, operational standards, and the distribution of gaming revenues. This framework helps promote responsible gaming and economic development within tribal communities.