1. The Indian Gaming Regulatory Act is a federal law that governs the Indian Gaming in order to provide security for the industry and restrict involvement from State governments. The Act signed by President Ronald Regan, provides financial stability to American Indian Governments and sets up a regulatory standard for all tribes to follow in the interest of fairness. The Act comprises of three classes. Class I has minor games such as raffles and conducted only during local festivals or ceremonies. The prizes awarded are in any range since the State Government cannot have any ceiling. The State officials ...
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