Nyt news quiz 20239/27/2023 ![]() MGM Resorts operates casinos in Springfield, Mass., and Yonkers, N.Y. Under the terms of the deal negotiated by the tribes, no casino-based sports book could do business under their brand name in Connecticut, a condition intended to keep the MGM brand out of the state, had they been selected. “They knew what they were doing,” Osten said of her constituents, the two tribes. Osten said the tribal casinos had lined up DraftKings and FanDuel even before the legalization law was passed. ![]() The tribes’ sport books are run by two top sports gambling companies: DraftKings for Foxwoods and FanDuel for Mohegan. In June, the state’s cut of sports betting: $501,970 from Mohegan, $329,091 from Foxwoods and $84,631 from the lottery. On a monthly basis, the traditional lottery games produce about $34 million for the state, while the state’s monthly take from sports bookmaking is less than $1 million. The lottery is by far the biggest gambling money maker for Connecticut, providing the state’s general fund with more than $410 million a year in each of the past three years.īy comparison, the tribes now produce less than $250 million a year, primarily under a longstanding slots-revenue sharing deal that outpaced lottery revenues before competing casinos opened in New York, Rhode Island and Massachusetts.īut the lottery has badly trailed the tribes in grabbing market share of sports betting, which produces relatively little for the state. The tribes and lottery were the only entities allowed to operate sports books. ![]() MGM Resorts, which competes with Connecticut casinos, also was a bidder in 2021.Ĭonnecticut legalized sports betting in 2021 after negotiating new gambling compacts with the state’s two federally recognized tribes, Mashantucket Pequots and Mohegans, which operate Foxwoods Resort and Mohegan Sun. Davis would not comment on who is seeking to replace RSI. Explore our broad coverage of 2023s womens soccer championship for up-to-date news. Penn National, which was among the bidders in 2021, has since established a Connecticut connection: a sports betting partnership with ESPN, the network based in Bristol. Download The New York Times and enjoy it on your iPhone, iPad. And RSI has agreed to stay on through that transition.” But we are moving along with finding a new vendor. “Unfortunately, I can’t really comment much more beyond that because of the procurement process. ![]() “We’re currently in negotiations with that vendor,” Davis said. New data shows more CT towns are finding what in their water supplies?ĭo you know the answer? Play this week's news quiz to find out. ![]()
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