A bill to regulate the emerging fantasy sports industry appears to be dead in Connecticut after the state's top legal official warned of negative impacts on tribal gaming rights.
Attorney General George Jepsen said the bill could jeopardize the exclusivity promised to the Mashantucket Pequot Tribal
Nation and the Mohegan Tribe. So while the state might gain from an 8.75 percent tax on fantasy sports it could lose its 25 percent share of tribal slot revenues.
“There is a substantial risk that the passage of such legislation could jeopardize the state’s revenue-sharing arrangements with the tribes,” Jepsen wrote in an
opinion letter on Monday.
After seeing the letter, Senate President Martin Looney (D) told the Associated Press that passage of the fantasy sports bill was "unlikely" in the current session.
Get the Story:
Jepsen Says Daily Fantasy Sports Legislation Would Be A Gamble
(CT News Junkie 4/18)
Connecticut AG warns legislators that DFS could violate tribal gaming compacts
(Calvin Ayre 4/18)
Looney says fantasy sports bill unlikely after AG’s warning
(AP 4/19)
$P Connecticut Attorney General Opinion:
Letter to Senate President and Senate Majority Leader
(April 18, 2016)
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