Online casino gambling is coming to Maine. Here’s what that means.
Maine has legalized online casino gambling, becoming the eighth state to do so, potentially generating significant tax revenue for tribes and the state.Summary
Maine has become the eighth state to legalize online casino gambling, following Governor Janet Mills’ decision to side with tribes. This new law mirrors a 2022 law granting tribes control of mobile sports betting, though implementation of that law was delayed. Regulators anticipate iGaming could generate over $100 million in tax revenue within a decade. However, opponents, including the owner of Oxford Casino, are threatening a people’s veto to delay or overturn the law. The law allows Maine’s four federally recognized tribes to partner with companies for operating licenses, with an 18% tax rate on gross gaming receipts. Key players include DraftKings, partnering with the Passamaquoddy Tribe, and Caesars Sportsbook, partnering with the Penobscot, Maliseet, and Mi’kmaq tribes. Concerns regarding gambling addiction and potential displacement of brick-and-mortar casinos are being raised, but proponents emphasize the economic benefits for tribes and the state.
(Source：Bangor Daily News)