AGREEMENT ON FUTURE OF GAMING IN CONNECTICUT
HARTFORD, CT) – Governor Ned Lamont and Mohegan Tribe Chairman James Gessner Jr. today announced an agreement that would allow the State of Connecticut to modernize gaming options available to state residents, including allowing for sports wagering and online gaming. The agreement would generate tens of millions of dollars in new revenue for the state, while keeping Connecticut competitive with gaming changes currently being offered or considered in neighboring states. The agreement also provides the inclusion of the Connecticut Lottery Corporation as a partner in the effort to modernize the state’s gaming landscape. Key components of the agreement include: A 20 percent tax rate on new online gaming, or “iGaming,” offeringsA 13.75 percent tax rate on sports wageringConnecticut Lottery shall…
