Online Sports Betting Ct
There are no specific laws in Connecticut about online gambling, and sports bettors in the state have not come under any legal fire to date for betting online. But while it is a safer option than betting with a. As of December 2020, Connecticut online sports betting is in a curious legal limbo. Betting in Connecticut has been technically legal since 2017. However, CT sports betting isn’t actually available, and you won’t find any Connecticut. The Connecticut Lottery and Sportech, which operates 16 pari-mutuel wagering venues in the state, would also be granted the right to offer live sports betting under the bill. The bill would also allow for a statewide mobile and online. Online Sports Betting at SportsBetting.ag. SportsBetting.ag is your ‘top spot’ for the best in sports betting excitement. No matter what your favorite game might be you’ll find it on the board along with a huge variety of sports and betting options. SportsBetting.ag offers all of the popular North American sports. Is There Online Sports Betting In Connecticut? There is currently no legal way to sports bet in the state of Connecticut. The only way is to use offshore sites, which is not recommended given the issues that.
The state of Connecticut has reached an agreement with the Mohegan Tribe, owners and operators of the Mohegan Sun casino in Uncasville, to allow new gaming options, including online wagering and sports betting, Gov. Ned Lamont announced Monday.
The governor's office said this new agreement will generate 'tens of millions of dollars' in additional revenue for Connecticut.
The new deal includes a 20% tax rate on new online gaming and a 13.75% tax rate on sports wagering, according to the governor's office.
Local
“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,” Lamont said in a written statement. “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.”
Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
“The Mohegan Tribe is proud to have reached this agreement with Governor Lamont and the State of Connecticut,” Mohegan Tribe Chairman James Gessner Jr. said in a statement. “This path will allow Connecticut to generate tax revenues from sports and online gaming that are competitive with other states, and help keep Connecticut with those states when it comes to growing our economy and benefiting the state budget. We’re thankful to Governor Lamont and his team, and we look forward to continued work with the General Assembly as this process continues.”
As part of the new deal, the Connecticut Lottery will be able to operate 15 retail sports betting locations, including new ones in Hartford and Bridgeport.
The agreement is for 10 years with a five-year extension option.
While Rodney Butler, chair of the Mashantucket Pequot Tribal Nation, acknowledged his tribe has not yet agreed to the terms of the deal, he said the negotiators are “literally on the one-inch line.” He said the sticking point has to do with a revenue issue that is “a rounding error” for the state budget but crucial to the future of his tribe.
“I’m certain we’ll get there and we’ll get there soon,” Butler said.
Connecticut has grappled for years with how to modernize gambling in the state given the two tribes’ exclusive rights to casino gambling under a compact with the state. In exchange for those exclusive rights, the two tribes provide the state of Connecticut 25% of their slot machine revenues.
Connecticut Governor Ned Lamont announced an agreement with the Mohegan Tribe last week “to modernize gaming options available to state residents,” including online gambling in CT. The agreement marks an important step forward for expanding gambling in Connecticut, but not everyone was happy with the announcement.
Ct Sports Betting News
The ten-year agreement grants equal concessions to both of Connecticut’s tribal gaming operators, but its announcement appeared to take the Mashantucket Tribe by surprise. Mashantucket Tribal Chair Rodney Butler described the announcement as “extremely disrespectful” and “offensive” to the Mashantucket Tribe, which is still in negotiations with the state on how to proceed with gambling expansion plans.
Connecticut’s gaming tribes operate two of the country’s largest casinos. The Mohegan Tribe operates the Mohegan Sun Casino in Uncasville, and the Mashantucket Pequot Tribal Nation operates Foxwoods Casino in Mashantucket.
Legislators have said they cannot support expanded gambling unless both tribes are signed on.
Sportech, Connecticut’s exclusive pari-mutuel horse wagering operator, is threatening to sue the state for not giving Sportech a bigger role in sports betting.
Main Points from the CT-Mohegan Agreement:
- Ten-year agreement with a five-year extension option
- Connecticut’s gaming tribes may offer sports betting and online gambling
- Sports betting revenue will be taxed at 13.5%
- Online gambling will be taxed at 20%
- The Connecticut Lottery may offer mobile betting and operate up to 15 retail sportsbooks
- The CT Lottery may sublicense some of its retail sportsbooks to Sportech
What’s Upsetting Sportech?
In short, Sportech wants a bigger role in Connecticut’s future sports betting industry. Sportech has been lobbying the state for inclusion in sports betting, but last week’s agreement grants limited concessions to Sportech. Under the terms of Lamont’s deal with the Mohegan Tribe, Sportech would be limited to operating a handful of retail sportsbooks if approved by the CT Lottery.
Sportech issued a statement in response to Lamont’s announcement threatening to “pursue legal recourse” on behalf of its 400 Connecticut employees. Sportech emphasized that filing a lawsuit is “the last thing we want to do,” but the group needs a bigger place at the table to remain competitive.
In an interview with the Hartford Business Journal, Sportech Venues President Ted Taylor expressed his exasperation with the state’s agreement with the Mohegan Tribe:
Just being given bricks-and-mortar sports betting is kind of like being given a Blockbuster and being asked to compete with Netflix.
Taylor estimates that online sports betting in Connecticut will account for up to 85% of the market.
Will the Mashantucket Pequot Join the Agreement?
The Mashantucket Pequot Tribe, Mohegan Tribe, CT Lottery, and Sportech have been negotiating with the state for some time on expanding Connecticut sports betting and gambling. As such, the governor’s two-sided agreement took the Mashantucket Tribe by surprise.
In a statement given to Connecticut News 12, Mashantucket Pequot Tribal Chair Rodney Butler said this:
”After months of closed-door negotiations, it’s offensive that Governor Lamont would announce an agreement with only one of the two Tribal Nations that have been a party to the negotiations, despite full knowledge that both sovereign Nations are needed to implement any agreement. We have participated in these discussions in good faith and consider today’s events extremely disrespectful in terms of process and substance.”
Butler added that only one remaining point of contention could be quickly resolved if “some sense of mutual respect is afforded” for the tribe’s specific needs. He emphasized that the tribe remains open to discussions and hopes the issue is quickly resolved.
Eastern Connecticut Representatives Don’t Support the Current Deal
Online Betting In Ct
Yet another party that hasn’t warmed to the agreement is a legislative delegation made up of 17 eastern Connecticut lawmakers.
Online Sports Betting Ct
The bipartisan group sent a letter to the Democratic governor, urging him to complete an agreement that includes both of the state’s federally recognized tribal nations.
In a letter published by CTPost.com the legislators stressed that they “cannot accept this agreement as it is incomplete.”
Sports Betting In Ct
In response, the governor’s office said it recognizes the need for the Mashantucket Pequots to be a party to any agreement and urges the tribe to join immediately. The governor’s chief of staff stressed that expanded gambling will provide long-term stability for both tribes, who employ thousands of people in Connecticut.