Mohegan Gaming inks sportsbook and online casino deal with FanDuel Group
Tribal casino operator agrees first Connecticut-facing deal following realignment of existing Kambi contract
Mohegan Gaming & Entertainment (MGE) has agreed a sportsbook and online casino deal with FanDuel for a new sportsbook offering in the firm’s native Connecticut market.
Under the terms of the deal, a temporary retail sportsbook will be commissioned within MGE’s flagship Mohegan Sun Connecticut resort, featuring four live betting windows and 16 self-service betting terminals (SSBTs).
A permanent sportsbook will be opened at the resort this winter subject to regulatory approvals.
Additionally, FanDuel will supply an online casino under the Mohegan Sun brand and will also operate DFS in Connecticut. The deal is FanDuel’s first with a tribal gaming operator.
Discussing the agreement, FanDuel president Amy Howe said: “We have some incredible plans for the retail space at Mohegan Sun, with the potential to be the largest FanDuel Sportsbook in the United States.
“When we combine the retail sports betting experience with the opportunity for online sports betting and igaming, Connecticut is going to be a key state for us as we look towards the start of football season,” Howe added.
MGE president and interim CEO Ray Pineault said he was “excited” at the prospect of working with FanDuel on the new sportsbook and online casino.
“Our partnership is a priority for Mohegan Digital, as we look to grow and enhance our casino, sportsbook and online operations in Connecticut – and beyond,” Pineault said.
“We’re confident that FanDuel will deliver a best-in-class digital and in-person experience for our loyal guests.”
The deal is MGE’s first since the company concluded a redefined sports betting agreement with existing supplier Kambi.
The tweaked contract maintains the financial terms set out in the initial deal between Kambi and MGE, signed in 2019, allowing Kambi to receive its full revenue forecasted for the duration of the initial agreement term.
However, the amendment allowed MGE to collaborate with “alternative parties” to launch on-property and online sports betting in Connecticut, something the firm has wasted no time in doing with FanDuel.