CT Governor reaches deal on amended Mashantucket Pequot compact

first_imgLegal & compliance Subscribe to the iGaming newsletter Connecticut Governor Ned Lamont has finalized amendments to Foxwoods operator the Mashantucket Pequot Tribe’s gaming compact, paving the way for sports betting and online casino in the state. 18th March 2021 | By Daniel O’Boyle Topics: Casino & games Legal & compliance Sports betting Online casino Tribal gaming Regulation Online sports betting Retail sports betting The news follows a similar agreement with Connecticut’s other exclusive gaming rights holder, the Mohegan Tribe, that was announced earlier this month. Read the full story on iGB North America CT Governor reaches deal on amended Mashantucket Pequot compactcenter_img Though online casino gaming was initially set to be taxed at 20% in the Mohegan Tribe’s deal, it will now be taxed at 18% for the first five years and 20% thereafter for both operators. Sports betting will continue to be taxed at 13.75%. The new agreement, covering both tribes, features some minor amendments to that deal. Tags: Foxwoods Resort Casino Ned Lamont Email Address Regions: US Connecticut AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more