Connecticut, Mohegan Tribe Reach Sports Betting Agreement
Connecticut has reached an agreement with the Mohegan tribe on how sports betting would work if it were to become legal in the state.
Governor Ned Lamont wants the state’s second federally recognized tribe, the Mashantucket Pequot tribe, to join the agreement. Connecticut has long-established compacts with the tribes to operate casinos in the state.
The Mohegan tribe would give Connecticut a 13.75% cut of sports betting revenue under the new deal.
The agreement paves the way for Lamont to bring in revenue from online sports betting known as iGaming. The state could get 20% of all iGaming revenue.
The Connecticut Lottery would also have rights to offer sports betting at new brick-and-mortar facilities in Bridgeport and Hartford, a position long fought by the tribes.