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boulder station casino floor mapMorgan Stanley expects that number to increase this year.Pequot Compact Decided by Federal LawsuitMatters were further complicated by the fact that the Pequots originally failed to negotiate a compact with the state in the 1990s and its agreement was eventually put in place by a federal lawsuit, using “secretarial procedures.”The casino giant has long argued that Connecticut’s failure to open the proposed casino up to competitive commercial bidding was a violation the Equal Protection and Commerce clauses of the US Constitution.Under federal law, the DOI is required to issue a verdict on matters of this nature within 45 days and is only permitted to refuse if a proposal violates the Indian Gaming Regulatory Act (IGRA).But the department sat on the matter for months before informing the tribes that action was unnecessary because “the tribes have already entered into an agreement with the state where they have agreed that the exclusivity causes will not be breached by this arrangement.big fish casino how to make money