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June 29, 2017

Governor Dannel Malloy recently signed the Public Act 17-89 which will allow for an East Windsor casino. This will establish a satellite casino that will be a joint partnership between the Mohegan and the Mashantucket Pequot tribes.

The Act will create additional local jobs and help the area Native American tribes.

MGM Resorts opposed the legislature. The company will be opening a new $985 resort casino next year in Springfield, MA.

What has not yet been approved in the bill is sports betting, or off-track betting.

Revenue from slot machines has declined at both Mohegan Sun and Foxwoods. The partnership, MMCT Venture, will allow them to remain competitive in the casino market.

25% of revenue from the new casino's slot machines and 25% of other gaming revenue will be paid to the state. State tourism will receive 10% of that total.

Connecticut will also be paid $1 million by the tribes initially. As well as any costs for regular casino monitoring and regulations. This will be handled by the Connecticut Department of Consumer Protection.

Programs designed to help people with problem gaming will also receive an estimated $300,000 a year.

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