Connecticut, Mohegan Tribe reach agreement setting sports betting, iGaming in motion
Connecticut Gov. Ned Lamont announced the state has reached an agreement with the Mohegan Tribe to allow new gaming options, paving the way for the state to legalize sports betting and online gaming.
The state and the Mohegans came to a revised gaming compact agreement this week, which would allow for tribal and Connecticut Lottery sponsored sports betting.
“This path will allow Connecticut to generate tax revenues from sports and online gaming that are competitive with other states, and help keep Connecticut with those states when it comes to growing our economy and benefiting the state budget,” Mohegan Chairman Jamie Gessner Jr. said. “We’re thankful to Governor Lamont and his team, and we look forward to continued work with the General Assembly as this process continues.”
The Mohegans and the Connecticut Lottery would be granted one online sports betting and one iGaming skin. The lottery could also run up to 15 retail locations.
Sports betting would be taxed at 13.75% while online casino gaming tax would be 20%.
“We are incredibly fortunate to have such a devoted partner in these efforts like the Mohegan Tribe, as they have been open to negotiation, honest discussion, and a positive path forward that is beneficial for both their tribe and the State of Connecticut,” Lamont said.
Connecticut’s other gaming tribe, the Mesquot Pequot, are nearing an agreement with the state which would see them awarded an online sports betting and iGaming license. Pequot Chair Rodney Butler indicates a deal is imminent once the tribe and state overcome a “rounding error” in the $1m range.
Once the compact is finalized, it would be up to the Connecticut legislature to sign off on a sports betting and iGaming bill.
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