Seven Feathers Casino Addreb p Barron’s reported this week that MGM’s recent moves hint the company could be planning an acquisition. The company’s decision to sell its physical assets to its real estate investment trust, and “recent activity in the credit markets,” frees up much capital and increases its borrowing capacity, so says Barron’s senior writer Alexandra Scaggs. las atlantis casino no deposit bonus codes august 2021 A Connecticut sports betting bill dropped in the General Assembly this week wouldn’t just restrict wagering to casinos, it would offer off-track betting sites and the CT Lottery a piece of the market too, both online and land-based. How Close Is The Nearest Casino Mzem Denmark State Rep. Joe Verrengia believes his sports betting bill offers a crucial twist on the integrity fee. bet rivers casino games casino zagreb poker black lotus casino bonuses

But will the tribes agree to legislation that opens the market to commercial gaming companies? (Image: we-ha. com)It would also offer the sports leagues their pound of flesh. chumba queen casino In its current form, the bill would give the leagues their so-called “integrity fee” — a 0. 25 percent cut of the betting handle. blackjack not casino black hawk casino news

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All states that have so far regulated sports betting have rejected this proposal from the leagues, who have branded it a hidden tax or a royalty. Integrity Fee But DifferentBut as reported by LegalSportsReport, the bill’s sponsor, Rep. Joe Verrengia (West Hartford), believes this integrity fee has a crucial difference from those proposed elsewhere, because it would go to funding a joint venture between the leagues and the Connecticut Department of Economic Development to headmiral casino betlp bring sports events to the state. I think there’s a distinct difference here in looking to partner with professional sports teams, and in return they would get up to a certain amount of revenue with the understanding that they would create more of a presence here in the state,” Verrengia said. “I believe we would be one of the first states to engage in a partnership of this kind and magnitude. restaurants in palace station casino Lucky Dragon Net Admin Nlcg Australia

”Two TribesConnecticut’s two tribal operators, the Mashantucket Pequots and the Mohegans, have made it clear they believe sports betting should be classified as “casino gaming,” on which they have exclusivity, and they will be unwilling to support a bill that proposes any kind of commercial gambling expansion in the state whatsoever. Four Winds Casino Phone Number Mcnf Some lawmakers agree that sports betting should be left to the tribes and are anxious to safeguard the 0 million or so tribal casinos contribute to the state in revenue share, but many believe the tribes are on shaky ground with their definition. The bill would not be enacted until Connecticut’s new governor, Ned Lamont, has negotiated new compacts with the tribes, which will include sports betting. But because the tribes are desperate to get started on their East Windsor casino — which would be the first casino in Connecticut off tribal land if it eventually goes ahead — and because they are equally desperate to quash a proposal of a commercial casino in Bridgeport, there are bargaining chips to be traded. Verrengia’s biladmiral casino betl is currently thin on details, to be filled at a later date — much of this depending on exactly what is agreed with the tribes.

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