Apr. 24—Municipalities’ share of the gaming revenues the Mashantucket Pequot and Mohegan tribes pay the state would more than double under a bill advanced last week by the legislature’s Appropriations Committee.
The panel voted unanimously to increase the amount transferred annually from the state’s General Fund to the Mashantucket Pequot and Mohegan Fund ― starting with the 2025-26 fiscal year ― to $139,380,000. The money comes from the state’s 25% share of the slot-machine revenue the tribes’ respective casinos ― Foxwoods and Mohegan Sun ― generate.
In recent years, the fund has plateaued at $51.5 million.
The increase endorsed by the Appropriations Committee as part of Raised Bill No. 1213 would restore the fund to its highest level since the 1999-2000 fiscal year, when $135 million was distributed to the state’s 169 cities and towns in the form of grants.
“We’ve been trying to build it back to what it was originally intended to be,” state Sen. Cathy Osten, the Sprague Democrat who co-chairs the committee, said of the fund. “By 2025-26, most towns will have used up their ARPA (American Rescue Plan Act) funds, and the increase in the grants will help bridge the gap.”
Osten has sought to increase the grants since before the state’s 2021 legalization of online casino gaming and sports betting, forms of gambling that have generated additional revenues for the tribes and the state.
The ARPA grants were intended to offset economic losses associated with the COVID-19 pandemic.
Both of the casino-owning tribes expressed support for the bill bolstering the Mashantucket Pequot and Mohegan Fund.
“With new revenues from sports betting and internet gaming coming in above and beyond projections, now is the time to restore the fund to its previous levels in recognition that our employee base hails from almost every city and town in the state and that our vendor…