Mohegans Have Sports Betting Deal With Connecticut, Other Tribe Close

Late Tuesday it was announced that the state of Connecticut has reached an agreement with the powerful Mohegan Tribe to offer sports betting.

How Sports Betting is Materializing in CT

• The Mashantucket Pequot (Foxwoods Casino), according to tribal Chairman Rodney Butler, is at “fourth-and-inches” in terms of an agreement.
• Connecticut Governor Ned Lamont issued this statement: “This agreement represents months of hard work and dedication to getting a deal that’s best for the residents of Connecticut and moves our state forward when it comes to the future of gaming".
• According to Lamont’s release, the Mohegans would be able to offer iGaming and sports wagering, which would be taxed as 20% and 13.75%, respectively.
• Tuesday featured a 7 hour hearing on the topic of sports betting. The committee did not vote on any of the bills.
• The anti-gambling lobby was vocal, but it focused more on adding funds for problem gaming programs than on trying to stop the legislation.

- Gilbert Horowitz, Gambling911.com