Settlement means more than $25 million to Connecticut
Attorney General Richard Blumenthal and Paul A. Young, executive director of the Division of Special Revenue (DSR), today announced settlements with the Mashantucket Pequot and Mohegan Tribes that would provide $25 million in slot revenue to the state, as well as future payments.
The settlements resolve the state’s lawsuit against the Mashantucket Pequot Tribe seeking slot revenue collected through a promotional program known as “Free Play” in which Foxwoods provided certain patrons coupons or electronic credits that permit them to play slot machines free up to the value of the credits. The Mohegan Tribe later initiated a similar free play-type promotional program called “eBonus.”
“This agreement is huge and historic -- a tremendous precedent resolving disputed slot revenue significant to the state’s solvency and symbolizing our shared stake in financial success,” Blumenthal said. “Even more than money, this agreement shows we can reach common ground through government-to-government talks. The tribes have commendably agreed to a settlement that serves all interests -- enabling all to benefit from successful promotional programs.”
“We appreciate the Tribes willingness to work in partnership with the state to reach an agreement that will enable us all to move forward,” Young said. “This agreement will uphold the terms of the Tribal Gaming Procedures and Compact in addition to allowing the Tribes to compete in a competitive market place.”