Legal & compliance

CT Governor reaches deal on amended Mashantucket Pequot compact

| By Daniel O'Boyle
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.
Connecticut receive interest in sports betting licences

The news follows a similar agreement with Connecticut’s other exclusive gaming rights holder, the Mohegan Tribe, that was announced earlier this month.

The new agreement, covering both tribes, features some minor amendments to that deal.

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%.

Read the full story on iGB North America