Connecticut Lottery Says it Received 15 Applications for Sports Betting Licenses

Odds Board and Money
The Connecticut Lottery announced on Monday that it received a total of 15 applications for legal Connecticut sports betting in response to its Request for Qualifications sent earlier this month.

Said Connecticut Lottery Corporation chairman Rob Simmelkjaer:

“We are pleased to see significant interest from companies who would like to partner with the CLC to bring our online and retail sports betting offering to market. Our staff and board will now begin a process of carefully reviewing the qualifications of the submitting parties as we work towards choosing the right partner in this important initiative for our state.”

Chairman Simmelkjaer added that the Lottery will issue invitations for presentations for qualified applications after which they will choose finalists who will be required to submit formal business plans.

Deal with Mashantucket Pequot Tribe and Mohegan Tribe

Last month, Gov. Ned Lamont reached a deal with the Mashantucket Pequot and Mohegan tribes that would pave the way for legal Connecticut sports betting hopefully before the start of the 2021 NFL season.

The agreement included an 18% tax rate on new online gaming for the first five years of operation and 20% tax rate for the next five years. Sports betting would be levied a tax rate of 13.5% according to a statement from the governor’s office.

The deal, which gives exclusive rights to the tribe and the Lottery to operate legal Connecticut sports betting, still has to get the approval of the State Legislature and the United States Department of the Interior.

Request for Qualifications

Last April 12th, the Connecticut Lottery sent out a Request for Qualifications package with an April 23 deadline. The solicitation was for “qualified and experienced sports betting solution providers for online and retail sports wagering systems and services.

Under the RFQ, two larger retail locations are envisioned for Hartford and Bridgeport while other locations may be withing existing off-track-betting (OTB) locations of the state’s current OTB operator, or may be coordinated within existing lottery-licensed locations.

The RFQ also predicts a tentative timeline between mid-May and mid-June for the signing of a contract with an operator with the systems to be developed and tested by summer. The expected launch of Connecticut sports betting is on September 6th.

Gov. Ned Lamont and Mohegan Tribe Agree to Expand Gaming in Connecticut

Two Laptops Showing Sports in Front of a Pile of Money
The state of Connecticut has reached an agreement with the Mohegan Tribe, the owners of the Mohegan Sun Casino in Ucansville, Connecticut, to expand gaming in the state, including online gaming and sports betting. The deal however, was made without the state’s other tribal nation.

In a written statement, Governor Lamont said:

“This agreement represents months of hard work and dedication to getting a deal that’s best for the residents of Connecticut and moves our state forward when it comes to the future of gaming. We are incredibly fortunate to have such a devoted partner in these efforts like the Mohegan Tribe, as they have been open to negotiation, honest discussion, and a positive path forward that is beneficial for both their tribe and the State of Connecticut.”

The governor’s office says that the deal is worth “tens of millions” of additional revenue to the state. Lamont is banking that iGaming and Connecticut sports betting will be legalized this year. He already included $47M in revenue from the two into his budget starting in fiscal 2022.

Details of Connecticut Sports Betting Agreement

Under the deal, a 20% tax rate will be levied on new online gaming while a 13.5% tax rate will be imposed on Connecticut sports betting. The agreement is good for 10 years and has a five-year expansion option.

As part of the deal, the Connecticut Lottery will be allowed to operate 15 retail sports betting shops, including new ones in Hartford and Bridgeport. The Lottery can also sub-license some of the operations to Sportech but Sportech will not get operations or an online skin of its own.

Eastern Connecticut Lawmakers Upset

Meanwhile, the members of the Eastern Connecticut said that the “cannot accept” any gambling expansion agreement reached by Gov. Ned Lamont and the Mohegan Tribe if it does not include the Mashantucket Pequot Tribal Nation. The bipartisan group sent a letter to the Governor urging him and the state’s two federally recognized tribes to complete an agreement by Sunday.

Rodney Butler, the chair of the Mashantucket Pequots said on Tuesday that it was “disrespectful” for the Governor to announce a gambling agreement with only one tribe when the Mashantucket Pequots have been actively participating in the discussions for months and in good faith. Butler however said that his group is open to continuing the discussions but has a financial issue with the deal.

Connecticut Governor Throws Support for State Sports Betting Bill

Odds Board and Money
Gov. Ned Lamont said last week that he is working on bringing sports betting and iGaming to Connecticut. Per Gov. Lamont, he has been talking to the state’s two tribal casino operators about adding sportsbooks and online gaming to their services.

Said Gov. Lamont about residents heading to nearby states to make sports bets:

“Connecticut should not leave these opportunities for other states to benefit from our inaction.”

Senate Bill 146

SB 146 would authorize the Mashantucket Pequot Tribe and the Mohegan Tribe of Indians to conduct both retail and online Connecticut sports betting on tribal land. The two tribes would also be allowed to run online casino businesses.

Furthermore, the bill proposes that the Connecticut Lottery Corporation to sell lottery game tickets and organize online keno games. The bill also states that the legalization of Connecticut sports betting, online gambling, as well as selling of game tickets and online keno games are subject to “new or amended agreements” with the Native American tribes.

If Senate Bill 146 is accepted, a reasonable set of procedures and data security standards for internet gaming need to be set-up. Likewise, Connecticut sports betting and online gambling will provide revenue to the state in the form of taxes.

Legalization Won’t Happen Overnight

Although the bill’s proposal has been filed, it doesn’t necessarily mean that legalization will happen overnight. The Connecticut General Assembly still has to vote on the bill during the 2021 legislative session, which will conclude on June 9th or four months for legislators to decide whether or not to approval legal Connecticut sports betting.

But COVID-19 has affected badly the revenues of Connecticut, as it has the other states in the U.S. Some lawmakers said last week that legal sports betting can help the state offset revenue losses and that could be enough to convince lawmakers to help pass the bill.

If passed, the bill won’t take effect until 2022, just in time for the fiscal year 2023. According to Democratic lawmakers in the state, if legal Connecticut sports betting goes as planned and the bill is passed, they could see an increase in annual revenues by $47.3M in 2023.

Foxwoods Casino Resort is Getting Ready to Offer Sports Betting

Thinking Man Holding Money With Sports Equipment

Connecticut is one of many states that has yet to approve sports betting legislation. That isn’t stopping some of the casinos here from expressing interest in this new industry, though. Reports have just surfaced that claim the Foxwoods Casino Resort has signed a deal with DraftKings to offer online sports betting in the future.

Many expect Connecticut to finally legalize and regulate internet sports betting in 2021. The Foxwoods Casino certainly feels the launch of this industry in the state is just around the corner. Today, we’ll talk about this casino’s deal with DraftKings.

Let’s get into it!

Connecticut Fails to Approve Sports Betting Bill in 2020

The United States is now home to one of the largest and most profitable sports betting industries in the world. It’s incredible when considering this industry is only a few years old. It wasn’t until mid-2018 that states other than Nevada were able to offer sports betting options.

Several more states approved bills to legalize sports betting in 2020. That includes Louisiana, South Dakota, and Maryland. Most analysts expect these states to see major revenue earnings as soon as their regulated sportsbooks go live.

Some felt that Connecticut would choose to get its sports betting industry up and running this year. Many lawmakers here have been pointing at the potential for major earnings for the state. Unfortunately, no bills were passed before the end of the legislative session in November.

Some of the commercial gaming entities here have blamed Native American tribes for failing to approve this industry. These officials claim the tribes are looking for exclusive rights to sports betting options. It’s the same issue that’s led to delays getting California’s sports betting industry operational.

Negotiations between these two groups are ongoing. No real progress has been made yet, and hope for Connecticut to legalize sports betting in 2020 is now dead. Proponents of this industry are now pushing to get things approved next year.

It seems the Native American tribes here are expecting this industry to launch in 2021. One of Connecticut’s biggest casinos has just signed a new deal with one of the world’s biggest sports betting companies.

Foxwoods Casino Resort Signs New Deal With DraftKings

Connecticut is home to only two major Class III casinos. That includes the Foxwoods Casino Resort in Ledyard and the Mohegan Sun in Uncasville. Both of these properties are operated by Native American tribes.

New reports claim that the Foxwoods Casino has just signed a new deal with DraftKings. Under this new deal, the Foxwoods Casino will have the right to launch online sports betting options through DraftKings once legislation is approved. This deal also allows for this casino to offer daily fantasy sports options.

Foxwoods has been pushing hard to get Connecticut’s sports betting industry operational. The owners of this property are now taking matters into their own hands and clearly expect online sports betting to be approved in 2021.

Rodney Butler, chairman of the Mashantucket Pequot Tribe which owns Foxwoods, released a statement on this new deal to the media this week.

“We’ve proven our ability to shape the future of gaming time and time again, and now we’re ready to drive sports wagering and online gaming for the state of Connecticut,” Butler said. “Working through the tribal gaming compacts, we will help bolster our economy with much-needed revenue and virtual entertainment.”

Foxwoods has been hit hard by the pandemic. The casino’s revenue figures remain far lower every month this year than they were in 2019. With Covid-19 cases rising steadily in Connecticut, many expect revenue to continue dropping for the next few months.

Online sports betting could help to bring this casino some much-needed money. We’ll continue offering updates on this situation over the next few months!

States Continue to See Big Earnings From Sports Betting Options

More than half of the US has now approved bills to allow sports betting. It’s easy to see why. This is proving to be an extremely profitable industry and is helping to bring states money via taxes at a time when it’s desperately needed.

Land-based casino revenue continues to drop. Online sports betting revenue, however, has been steadily rising throughout the year. Several states have recently begun seeing record-earnings from their sports betting platforms.

That includes Colorado. Lawmakers here approved sports betting legislation back in 2019 and launched the first sportsbooks in May of 2020. In October, Colorado saw an incredible $17.4 million in sports betting revenue. That’s up more than $10 million from the month prior.

Pennsylvania also saw a major increase in sports betting revenue. New reports claim this state saw more than $47 million in revenue from this industry in October. Pennsylvania’s October sports betting industry also saw more than $500 million in sports betting handle.

Every state is taking a close look at this industry now. It seems highly likely that Connecticut will legalize and regulate this form of gambling next year. That’s great news for the Foxwoods Casino Resort and its new partner DraftKings.

Do you expect Connecticut to legalize online sports betting in 2021? Let us know in the comments section below!

Foxwoods Offering Exclusive Gaming For 55-And-Above Patrons

Foxwoods Casino Resort Logo and Exterior of Casino
In what is considered a first in the gambling industry, Foxwoods Resort Casino announced last week the opening of a dedicated gambling area for guests aged 55 year or older.

Beginning last Friday and happening every weekend through the month of November, Foxwoods’ Rainmaker Casino will cater exclusively to the 55+ crowd from 10 a.m. to midnight.

The Rainmaker will also feature a disc jockey spinning music from the 80s’ from 8 p.m. to midnight on Fridays and Saturday. Complimentary cocktails plus Reagan-era novelty giveaways like rubik’s cube and leg warmers will be distributed from noon to 2 p.m. and 6.p.m. to 8 p.m.

Said Jason Guyot, interim CEO and senior vice president of resort operations for the Connecticut casino:

“As part of our commitment to providing an unmatched experience for our guests, we are thrilled to introduce this new offering for guests ages 55 and older. The safety of our loyal patrons has been our number one priority since reopening on June 1, and we are excited to offer them this exclusive experience where they can relax and play in a safe, frequently sanitized environment.”

Time To Let Grown-Ups Play

This strategy has been labeled as the “time to let the grown-ups play”. The campaign is aimed at enticing the older crowd to come back and have fun in casinos. It can be recalled that the older patrons were the first to flee the casino scene during the onset of the COVID-19 pandemic. With the Connecticut casinos open again, Foxwoods is trying to bring that market segment back.

To further encourage the 55-and-older market to return to the scene, Foxwoods is committed to maintain a safe gaming experience for this market class. With the enforcement of social distancing measures and strict adherence to all safety and sanitation protocols required by the state, it aims to provide a safe gambling haven for its 55-an-above patrons.

Tailored Solutions

Since Connecticut casinos reopened last June, revenue has been fairly good given the circumstances. However, with the health and safety requirements, traffic has decreased. So the Mashantucket Pequot tribe is looking for tailored solutions to boost customer numbers.

As mandated by state laws, Connecticut casinos continue to operate at 25% capacity. While that has for sure slowed down its economic recovery, Foxwoods has remained optimistic. Just recently, it was named as one of the best casinos outside of Las Vegas in a recent poll conducted by USA Today.

The Mohegan Sun Will Host College Basketball Next Month

Basketball Going Through Net

The NBA Finals wrapped up just a few weeks ago. That doesn’t mean the sport of basketball is coming to a standstill, though. There are a number of major college tournaments scheduled to take place throughout November and December. Today, news broke that the Mohegan Sun will host college basketball tournaments inside a bubble.

Many believe the NBA was able to successfully hold its season because it kept players inside a bubble. Officials at the Mohegan Sun believe this casino is the perfect venue to protect players. Now is the perfect time to talk about what exactly will be taking place here.

Let’s get into it!

Basketball Betting is More Popular in 2020 Than Ever Before

The popularity of the NBA has been increasing rapidly for the past two decades. In recent years, more people around the US have been betting on this league, as well. As many already know, there are a huge number of amazing basketball betting sites available throughout the country.

Bovada is widely-considered to be one of the best online sportsbooks in the US right now. It launched in 2011 and is known for offering its members a wide range of amazing sports betting odds and great promotions. There are many different basketball wagers available through this website.

Obviously, NBA betting is the most popular. Bovada allows you to bet on every game of the regular season and playoffs. It even offers future odds on the NBA Championship months before it is scheduled to take place.

College basketball betting is also hugely popular nowadays. That’s especially true during March Madness. This tournament always ends up bringing a massive surge in revenue for the online sportsbooks around the country.

Both the NBA and college basketball have seen their schedules move around this year. There are now several major college tournaments scheduled to take place over the next few months.

It appears we have a location set for these tournaments. Let’s talk about where these events will be held.

Here’s How The Mohegan Sun Will Host College Basketball Tournaments Next Month

Connecticut is home to a number of world-class casino-resorts. Perhaps none is as popular as the Mohegan Sun in Uncasville. This gambling property opened up in 1996 and is thought to be one of the best casinos on the East Coast.

2020 hasn’t been easy for this property. Back in mid-March, the Mohegan Sun was forced to close down. Thousands of employees were either furloughed or laid off. Finally, on June 1st, this hotel-casino opened back up.

News recently broke that the Mohegan Sun will host college basketball beginning in late November. The owners of this venue have come to a new agreement with both the Naismith Memorial Basketball Hall of Fame and the Gazelle Group. These groups are known for holding major college basketball tournaments each year.

There will soon be a “pod” of games being held inside this property. All players will be kept in a bubble during the tournaments. That shouldn’t be too much of an issue, as the Mohegan Sun is one of the biggest casino-resorts on the East Coast.

Rick Giles, the president of the Gazelle Group, is already happy with the cooperation and believes these tournaments will run smoothly.

“We’ve been able to combine and leverage both our organizations and strengths to create something bigger than what we originally had,” Giles said. “I don’t know if either organization individually could have pulled off what we’re about to do next month.” 

It will be interesting to see how these tournaments are held. It won’t be long before odds on the games become available through Bovada. Stay tuned for updates!

Connecticut’s Casino Industry is Still Struggling

Connecticut is a small state home to less than 4 million people. Interestingly, it has one of the most successful casino industries on the East Coast. Like all other states in the area, Connecticut has seen its gaming revenue fall dramatically in 2020.

As we just mentioned, the Mohegan Sun opened back up in June. The Foxwoods Casino-Resort opened that same month. Not long ago, new reports surfaced that show slot revenue inside these venues is falling.

The Mohegan Sun posted revenue losses for the months of August and September. Foxwoods saw losses in July, August, and September. This isn’t much of a surprise when you consider the regulations set in place, though.

As of now, these venues are only operating at 25% capacity. This is making it very difficult for the casino industry here to thrive. Fortunately, analysts predict that things will improve over the next year.

Gaming analyst Adam McLaren claims that revenue from Connecticut’s casinos will jump by 45% in 2021. Allowing more guests in is expected to help to increase the revenue here. We’ll continue offering more updates over the next few months.

Are you excited to hear the Mohegan Sun will host college basketball next month? Do you plan to bet on any of the games? Let us know in the comments section below!

Mohegan One Step Closer to Becoming First Tribe to Operate in Vegas

Table with Poker Cards and Casino Chips, Welcome to Las Vegas Sign

Mohegan Gaming & Entertainment received a unanimous recommendation from the Nevada Gaming Control Board on Wednesday. The recommendation moves Mohegan one step closer to becoming the first tribe to operate a Las Vegas casino.

Deal to Operate Former Hard Rock Las Vegas

It can be recalled that in September of last year, Mohegan announced that it had struck a deal to operate the gambling site at Virgin Hotels Las Vegas. The deal is contingent on the renovation and the regulatory approval of the Nevada Gaming Commission. The remodeling of the property began last February and continued even with the COVID-19 pandemic as construction was deemed as essential business. It is anticipated to finish on time. Meanwhile, the Nevada Gaming Commission is expected to meet on October 22 to consider the recommendation of the Control Board.

JC Hospitality, the owners of the Las Vegas casino property, will serve as the landlord. JC Hospitality has also called on Virgin Hotels to manage and operate the property’s 1,110 guest rooms, which will become part of the Hilton Curio Collection. The property also brought in AEG Presents to assume the management, operations, and bookings for The Joint inside the Hard Rock Hotel & Casino in Las Vegas.New casino general manager Joe Hasson also said that celebrity chefs will be sought to operate its restaurants.

Mohegan Sun at Virgin Hotels Las Vegas

The renovated Las Vegas casino will be rebranded as the Mohegan Sun at Virgin Hotels in Las Vegas and is expected to open on January 15, 2021. According to Hasson, the Mohegan brand won’t appear in the building but the electronic signage outside the property will market the brand name.

The new casino will not have a poker room and the proposed sports book which will be operated by Betfred USA Sports isn’t expected to be up and running when the Las Vegas casino opens in January. GM Hasson said that they are still going through the process of securing a license.

About Mohegan Gaming & Entertainment

Mohegan Gaming & Entertainment is the business enterprise of the Mohegan Indian tribe of Connecticut. They currently manage the gaming operations for Resorts Atlantic casino, the Fallsview Casino on the Canadian side of the Niagara Falls, Indian casinos in Washington state and Louisiana, and its flagship Mohegan Sun Resort in Uncasville and Mohegan Sun Poconos in Pennsylvania.

Aside from expanding in Las Vegas, Mohegan has also set its sights on international gaming. It is currently developing a $5B resort at Incheon International Airport in South Korea which is targeted to open in late 2022. It also has a bid for a potential integrated resort license on the former Hellenikon International Airport near Athens in Greece.

CT’s Sports Betting Laws Are Coming Together

Lawmakers in Connecticut have been working to legalize and regulate sports betting for years. Now, it appears that CT’s sports betting laws are nearly set in place. This week, Governor Ned Lamont endorsed a bill that allows for this form of gambling to take place in the state.Ned Lamont

Not everyone is happy about this, though. The Mohegan Tribe has already voiced its disapproval with Lamont’s support for the new bill. Today, we’re going to take a look at what exactly is going on here.

Let’s get into it!

New Gambling Bills Continue to Pop Up in Connecticut

Connecticut is a small state, home to just 3.5 million individuals. Nowadays, it’s considered very liberal when it comes to the gambling industry. Most traditional forms of gambling are perfectly legal here, including casino gambling.

Only tribal casinos are able to operate in Connecticut. The Mohegan Sun and Foxwoods Resort Casino are both popular gambling venues here. For years, tribal leaders in this state have pushed to open a new casino in East Windsor. It’s unclear whether or not this new venue will be able to open anytime soon.

The discussion around sports betting has been raging here for years, as well. In May of 2018, the US Supreme Court removed PASPA, giving every state the ability to regulate sports gambling. More than 20 states have since done so, and most are earning a huge amount of revenue from this industry each month.

Several sports betting bills have been presented in Connecticut over the past few years. This includes several new ones put forward at the beginning of the year. One favors the Native American tribes in the state. The other is more favorable to the state’s non-tribal gambling operators.

This week, Governor Ned Lamont voiced his approval for one of these bills. Unsurprisingly, the decision has generated massive controversy. Here’s who’s now complaining.

CT’s Sports Betting Laws Endorsed by Lamont Angers Tribes

Ned Lamont has been studying the sports betting bills presented here for years. He hasn’t made it easy for the proponents of this new industry. Part of the reason for this hesitation to approve CT’s sports betting laws was the state’s Native American tribes claiming they should be given exclusive rights to offer sports gambling options.

At the moment, the state’s tribes are the only groups with permission to operate casino gambling options in Connecticut. This gives them significant power. These tribes help to bring the state millions of dollars every year via taxes.

Connecticut’s tribes presented a sports betting bill early this year that would only allow for sports wagers to be placed inside tribal casinos. Other lawmakers set forward a bill that would allow for the tribes, the Connecticut Lottery, and Sportech the right to offer sports gambling options.

On Tuesday, Ned Lamont endorsed the second bill. The state’s tribes were not pleased. Max Reiss, Lamont’s communication director, commented on the decision to the media this week.

“The governor is committed to a fair resolution that brings Connecticut’s gaming economy into the 21st century,” he said. “He wants to sign a sports betting bill into law over the next few months.” 

Some analysts now believe the tribes here will challenge the decision in court. If that happens, it may be some time before any sports betting regulations are set in place here.

Online Gambling Continues to Grow in Connecticut

Connecticut’s gambling industry is in an unusual place right now. As we just mentioned, lawmakers in the state and tribal leaders are battling over sports betting regulations. The tribes here are also working hard to open new casinos.

In recent years, the popularity of online gambling in Connecticut has grown considerably. This industry remains unregulated in this state. Fortunately, there are no laws in CT that claim it’s illegal to make wagers online.

One site that’s grown hugely popular is Bovada. This site is known to be one of the best online sportsbooks in the US. It offers a huge number of betting options and a safe, simple payment system.

Bovada also provides some fantastic casino gambling options. There are hundreds of slots available and all major table games including blackjack, roulette, and craps.

Hopefully, CT’s sports betting laws are agreed to by lawmakers and tribal leaders. Until that happens, the best way to place sports wagers here is through online betting sites.

It’s a very interesting time for this state’s gaming industry. Stay tuned for updates over the next few months!

More Issues With East Windsor Casino Begin to Pop Up

Since 2017, lawmakers and tribes have discussed opening a new casino in East Windsor, Connecticut. Unfortunately, several issues with East Windsor casino have begun to appear. This week, tribes in the state decided to lower investments into this new gambling venue.Flag Of Connecticut

It’s disappointing news for proponents of this new casino. Many are skeptical of how well it will perform in Connecticut’s market. Today, we’re going to look at what’s being planned, and why several tribes are starting to lower their funding for this new venue.

Let’s get into it!

Connecticut is Ready to Expand its Casino Market

Connecticut is thought of as a very liberal state when it comes to gambling. Here, just about all forms of gambling are perfectly legal. The first Class III casinos began operating here in the early 90s.

Today, there are two casinos in the state, both of which are operated by Native American tribes. These gambling venues are very popular and help to bring the state millions of dollars a year in revenue from taxes. The success of this industry has led to a push for more casinos in the state.

Recently, there’s been a major push to legalize sports betting in Connecticut, as well. As of now, 21 states have officially legalized this form of gambling. More are reviewing bills to regulate sports gambling.

Late last month, a bill was presented here to allow sports betting inside tribal casinos. Three Senate leaders have officially endorsed this bill. If approved, this bill also allows for a new casino to be constructed in Bridgeport.

State officials have not yet commented on this bill. It does seem likely that sports betting will be allowed here soon. For now, lawmakers seem focused on the new casino that’s being planned in East Windsor.

Issues With East Windsor Casino Lead to Investment Cuts

It hasn’t been easy getting a new casino built in this township. Initially, lawmakers raised their concerns due to the fact that East Windsor does not sit on sovereign land. Many felt that tribes have no legal right to operate a casino here.

Despite this, the tribes here have pushed to open this new gambling venue. The Mashantucket Pequot and Mohegan tribes continue to push for the casino. Unfortunately, new issues with East Windsor casino have begun to pop up.

The two tribes in the state recently announced they were lowering their investment into this property to just $200 million. Initially, the idea was to put at least $300 million into this new casino. Tribal leaders cite concerns over “saturation of the market” as the main reason for this investment cut.

There’s a lot happening in this state. Right now, state legislators are considering the new bill to allow additional casinos and sports betting. It’s still unclear whether or not this bill will be approved.

Connecticut’s tribes recently formed the MMCT Group. This is an investment group focused on building new casinos. As of now, the group is investing millions of dollars in several different venues.

Issues with East Windsor continue. It’s still unclear whether or not it will be constructed this year.

Governor Lamont Still Unsure About Expanded Gambling

Many states around the world are beginning to embrace the gambling industry. Many have already taken steps to regulate their online casino markets. Even some states with hardcore casino laws like North Carolina have chosen to legalize sports betting.

Governor Ned Lamont is still unsure about the state’s gambling industry. He clearly sees the potential for revenue increases. Unfortunately, he feels more research is done before the state can approve sports betting and new casino options.

More and more politicians in the state are beginning to get on board with the expanded gambling bill, though. It seems very likely that Lamont will eventually green light sports betting.

The state’s tribes have already invested millions into a new casino here. As more issues with East Windsor casino arise, however, these tribes are beginning to lower these investments.

Connecticut is in a strange place. We’ll need to wait and see how lawmakers decide to approach the new gaming laws over the next few months. Stay tuned for updates!

Connecticut’s Gambling Industry Set for Major Expansion

Connecticut isn’t typically thought of as a gambling hub. Fortunately, lawmakers here have taken a fairly relaxed approach to the gaming industry. A major new piece of legislation has recently been introduced here, meaning Connecticut’s gambling industry may soon expand dramatically.Flag Of Connecticut

It’s extremely exciting for both casino and sports betting fans in the state. Lawmakers here clearly recognize the massive revenue potential from the gambling industry. Today, we’re going to look at the state’s current laws, and talk about how they might evolve over the next year or two.

Current Gambling Laws in Connecticut, Explained

As we already mentioned, Connecticut is thought of today as a pretty liberal state when it comes to gambling. Today, most traditional forms of gambling are perfectly legal here. A couple of popular land-based casinos operate in this state, one of which is located in Ledyard and the other in Uncasville.

Both of these casinos are run by Native American tribes. These tribes were given permission to open the gambling venues after the Supreme Court passed the Indian Gaming Regulatory Act in the late 1980s. They now pay 25% of their slot revenue to the state.

For years, tribal leaders in Connecticut have been pushing to open a new casino in East Windsor. Unfortunately, the state has pushed against these plans, pointing out the fact that East Windsor is not sovereign land. It’s a complicated issue that continues today.

Certain lawmakers in this state have also been pushing to allow sports betting. Since May of 2018, every state in the country has been able to set its own laws on sports gambling. As of now, more than 20 states have chosen to legalize this form of gambling.

Expanded casino and sports betting laws are now officially being considered in Connecticut. If everything plays out correctly, Connecticut’s gambling industry is going to expand significantly.

Legislation to Expand Connecticut’s Gambling Industry is Introduced

More states are beginning to look closer at their set of gambling laws. Ever since PASPA was removed, lawmakers across the country have begun to realize how much revenue can be obtained through legal sports betting and casino gambling options. This is now the case with Connecticut, as well.

This week, members of the Senate Democratic majority began pressuring Governor Ned Lamont to expand Connecticut’s gambling industry. These Senate leaders officially endorsed a piece of legislation that would allow the state’s Native American tribes to offer sports betting inside casinos.

The bill would also allow for a new casino to be constructed in Bridgeport.

Lawmakers here pushed for this gambling expansion plan last year. Unfortunately, Governor Lamont struck these plans down. Senator Cathy Osten drafted this year’s legislation and believes that it will benefit the state in the long run. Senator Dennis Bradley agrees.

“This is about making sure that moving forward, everybody has a slice of the pie, that we don’t put people against each other,” Bradley said. 

Lamont and his team have not yet commented on the new plans. We’ll need to wait and see if he offers any objections over the next few months.

Online Casino Options Are Already Available in Connecticut

There are a huge number of individuals that are eagerly awaiting online gambling to become regulated in Connecticut. Many are unaware that internet casino options are already available! Some of the best US casino sites are already operating in Connecticut and most offer a massive range of wagering options.

None of Connecticut’s laws state that it’s illegal to play casino games online. The casino websites here are unregulated by the state government, yet the majority of them are perfectly safe and offer a variety of payment options.

The legislation introduced this week has the power to expand Connecticut’s gambling industry significantly. Interestingly, there’s a section of the bill that will allow for online casino games to be offered. If approved, the tribes will be able to provide internet casino gambling options to Connecticut players.

It seems very likely that sports betting will be approved here soon, as well. Most of the states with legal sports betting options are earning millions of dollars a month from the industry. Connecticut wants a piece of that action.

This is a very exciting time for gambling fans in this state. Make sure to stay tuned for updates over the next few months!