Mashantucket Pequot Tribe

The state of Connecticut reached a deal with the Mashantucket Pequot Tribe and Mohegan Tribe to allow for sports wagering and online betting and the governor and tribal leaders will be holding a news conference this morning. Earlier in March, the state announced a deal with the Mohegan Tribe, but at the time, said it was still negotiating for a…

The new deal includes an 18% tax rate on new online gaming for the first five years followed by a 20% tax rate for the next five years, along with a 13.75% tax rate on sports wagering, according to the governor’s office.

The state has reached a deal with the Mohegan Tribe to allow sports betting and online gaming in Connecticut.