I know the pitot hole you speak of, but mine doesn't have one. There is a small connector where the lower unit meets the gearcase but it's folded over and zip tied tight. Normally, that connecter is a quick connect where you can disconnect the speedo tube when removing the lower unit from the gear case. But mine has been rendered useless. Guessing my speedo (dial guage) might be part of a GPS system with the Raymarine Axiom or maybe with the Active Trim system.
Spoke with the dealer. Dial speedo is not connected on 240, 270 and 290 bowriders that have the Merc engine with the Raymarine GPS.