July 16, 2012 (MASHPEE) _ Lawmakers are reviewing the casino agreement between the state and the Mashpee Wampanoag Tribe.

The Joint Committee on Economic Development and emerging  technologies will hold a public hearing today on the compact signed last week.

It must be approved by the Legislature by july 31 for the Mashpee Tribe to retain exclusive rights to develop a casino in the southeastern Massachusetts region.

The tribe has proposed a $500 million resort casino in Taunton. 

Under the compact, the state would receive 21.5 percent of gambling revenue from the tribal casino and would have jurisdiction over any crimes and gaming violations.