Money accumulates in the race fund
Mohegan Sun Casino announced Monday that it has suspended betting on the WNBA after questions were raised about a potential conflict in taking bets on the Connecticut Sun, a team also owned by the Mohegan Tribe.
The problem arose after Governor Ned Lamont opened the bookie last Thursday, the first day of legalized sports betting in Connecticut, by placing a $ 50 bet on the Sun to win its playoff game with the Chicago Sky.
The bet has caught the attention of some state experts and lawmakers concerned about a potential conflict of interest with the Mohegan Sun accepting bets on the Sun, which plays in the arena located in the casino complex.
Casino officials said on Monday that they decided this weekend to suspend betting on the WNBA playoffs on sports betting.
Audit: Millions in Thoroughbred Racing Fund
A recent Massachusetts Gaming Commission audit found that millions of dollars in revenue from state casinos was accumulating in a racing fund meant to support thoroughbred racing, according to the auditor’s office.
“Our audit clearly shows that the Commission should bring all relevant stakeholders to the table to examine the most effective use of the Racehorse Development Fund,” said State Auditor Suzanne Bump.
With no thoroughbred horse racing in Massachusetts since June 2019, thoroughbred purse money is piling up without being able to spend it.
At the end of August, the fund had a balance of more than $ 20.53 million, of which, except around, 27,000 was earmarked for the thoroughbred side of the racing world, according to the Gaming Commission.