Maine: Mi’kmaq Nation Chief says sports betting is not ‘huge moneymaker’ for Tribe

He further added that the state was not open to include Tribes in gaming.

Maine’s Mi’kmaq Nation has spoken out regarding funds the Tribe receives from sports betting, according to a WMTW 8 local news report.

Maine pulled the trigger to legalize sports betting in August 2022. Its commercial market is now live.

Chief Edward Peter Paul told local news that when negotiations started last year with the local Government, Native Tribes “weren’t at the top of mind.”

However, the Mi’kmaq Nation currently partners with Caesars Sportsbook, along with two other state Tribes. According to the terms of the deal, close to 60% of Caesars Sportsbook’s revenue is divided in an even split between three Tribes.

Chief Peter Paul noted that funds from the agreement will be used to purchase fuel for this winter, as well as build homes in the community.

He elaborated further to local news by saying, “It’s been a long time coming. This is good for our tribal council and our community members. This brings, you know, much-needed relief to us.

“The state really wasn’t open to giving the tribes any type of gaming. So, this was kind of a concession in a way.”

The Chief went on to add that, though the additional funds are helpful, more resources are needed. He said revenue from sports betting “isn’t going to be a huge moneymaker for our nation.”

Prior to the launch, local retail markets were scrambling to be ready to accept bets prior to the regulated sports wagering market’s debut. However, three local retail destinations said they will be ready to accept wagers by December or in early 2024.

David Thompson

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