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The Lumbee Tribe of North Carolina secures 241 acres of land in Robeson County and teases the idea of a casino and resort in the announcement.
The update comes from the Lumbee Tribal Chairman, John L. Lowery, who has discussed the land purchase and land in trust process at length, with it being confirmed that the Lumbee Tribal Holdings (the for-profit arm of the Tribe) acquired the land and has transferred it to the Lumbee Tribe of North Carolina.
Its explained how the ‘strategic’ acquisition was made to secure land that can be utilized for long-term economic development initiatives that benefit people for generations to come. It comes days after Catawba Nation Chief Brian Harris announced the tribe had filed for state recognition in North Carolina, ahead of a planned casino opening.
Future of Lumbee Tribe newly acquired land is up to the people
The actual purpose for the new site hasn’t yet been determined, as the announcement suggests the decision will be made “by the will of the Lumbee people.”

The update continues to say that if, and when, the Tribe votes for gaming, the 241-acre tract could serve as the site of a casino and resort, accompanied by a shopping outlet and additional amenities like a golf course, a Top Golf-style facility, a water park, or similar attractions.
If, however, people vote against gaming, the land can be developed into a business and industrial park designed to attract employers. It’s suggested that either of these options could lead to the creation of thousands of jobs and “be an economic boom not just for our Tribal territory but for this entire region of the state.”
The Lumbee Tribe is actually the largest in North Carolina and the largest tribe east of the Mississippi River, according to the Department of Administration.
Regardless, this property, along with the Lumbee Tribe Cultural Center, the Tribal Administration Building, and several other Tribal assets, will eventually be placed into trust with the United States Government.
The Tribe says placing land into trust transfers title to the federal government to be held on behalf of the Tribe, removing the application of eminent domain and providing protections.
Featured image: Screenshot via YouTube video
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The newly formed Coalition for Prediction Markets (CPM) have gone big on the marketing budget, as they share a full page advertisement in the Washington Post.
Within it, it reads “CFTC regulated prediction markets (already) ban insider trading.” It then gives a list of what they believe to be regulated and unregulated features, before stating: “Congress, let’s continue to work together to keep prediction markets safe and transparent for consumers here in America.”

Don’t conflate American regulated prediction markets with unregulated, offshore markets.
Full page ad in @WashingtonPost today. pic.twitter.com/IDZwjuJ5C6
— Coalition for Prediction Markets (@PredictAction) January 28, 2026

The purpose of the CPM is to be a unified industry voice working with policymakers, regulators, and the public to establish clear, fair rules that make prediction markets accessible and trustworthy. It comes after the group said it would back Representative Ritchie Torres’s effort to strengthen integrity in the sector, following reports that an anonymous Polymarket user cashed out more than $400,000 on a trade related to an operation to depose Venezuelan President Nicolás Maduro, an incident that prompted concerns.
What is the Coalition for Prediction Markets?
The coalition, which was only announced in December 2025, has some big names behind it, as industry giants Kalshi and Crypto.com formed it. Upon their arrival, they said they have convened a broad alliance of industry leaders including Coinbase, Robinhood, and Underdog, to help form the coalition.
The bipartisan group also announced in January that former US Representative and Ambassador Sean Patrick Maloney will serve as its CEO and President. In the same news, they shared how former US Representative and Chairman Patrick McHenry would be joining as a senior advisor.
In the CPM’s announcement posts on X, they reiterated their support for prediction markets and said: “This coalition marks the first unified industry effort to protect access, strengthen integrity, and ensure prediction markets continue to serve the public good.
“Today is just the beginning. A clearer, more trusted prediction market ecosystem benefits everyone.”
When it was first announced, the CPM said its early work will focus on reinforcing the federal framework governing prediction markets, with establishing and educating nationwide standards for integrity being central to this work.
While it’s still relatively new, this PR push with the major spread could signal what’s to come, especially as some prediction markets are facing difficulties with state regulators.
Featured Image: Via X post from the Coalition for Prediction Markets
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Las Vegas Sands, which owns properties worldwide, posts a strong Q4 and full-year, but Sands China sees dip.
The net revenue of the company was $3.65 billion, compared to $2.90 billion in the prior year quarter. The operating income was $707 million, compared to $590 million in the prior year quarter. In the fourth quarter of 2025, the net income reached $448 million, growing on the $392 million in the fourth quarter of 2024.
The full year operating income was $2.82 billion (up from $2.40 billion last year).
The company predominantly owns properties in Macao and Singapore, with these including The Venetian Macao, Sands Macao, The Londoner Macao, The Plaza Macao & Four Seasons Hotel Macao, The Parisian Macao, and the Marina Bay Sands.
Las Vegas Sands used to have the aptly named ‘Sands Hotel and Casino’ based on the Las Vegas Strip, which was then redeveloped as The Venetian. In February 2022, the company sold The Venetian Resort.
Las Vegas Sands Q4 analysisLas Vegas Sands delivered a strong quarter and full-year performance, with most of the momentum coming from Singapore, where Marina Bay Sands continues to outperform. That strength helped lift revenue, profits, and shareholder returns. However, results in Macao were more mixed. Sands China saw lower net income despite higher revenue, pointing to margin pressure and uneven recovery, which could limit longer-term growth if it persists.
Sands China’s net income sees decline in Las Vegas Sands Q4 report
While there are many positives across other sides of the company, the Sands China Ltd (SCL) financial results show a decrease. Although the total net revenues for SCL, on a GAAP basis, increased 16.4% to $2.05 billion, compared to the fourth quarter of 2024, the net income was $213 million, which is less than the $237 million that was seen in Q4 of 2024.
Speaking on the figures, the chairman and CEO Robert G. Goldstein said: “In Singapore, Marina Bay Sands once again delivered outstanding financial and operating performance. Our elevated suite and service offerings position us for additional growth as travel and tourism spending in Asia continues to expand.
“In Macao, our decades-long commitment to making investments that enhance the business and leisure tourism appeal of Macao and support its development as a world center of business and leisure tourism positions us well for future growth.”
“Our financial strength and industry-leading cash flow continue to support our investment programs in both Singapore and Macao, our pursuit of growth opportunities in new markets and our program to return excess capital to stockholders.”
Featured Image: Credit to ‘ToNameOrNotToName’ on Wikimedia Commons
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