Connecticut looking at October for sports betting launch
Connecticut Planning for October Sports Betting Launch after Federal Approvals
Connecticut sports betting has moved a step closer. Gov. Ned Lamont, Mohegan Tribal Council Chairman James Gessner Jr, and Mashantucket Pequot Tribal Nation Chairman Rodney Butler have revealed they have received the necessary federal approvals to proceed. The Bureau of Indian Affairs at the U.S. Department of the Interior has given the go-ahead for the proposed revisions to the Connecticut gaming compacts. The tribes, in conjunction with the state, submitted the changes to the federal agency earlier this year for consideration.
The approval means the Connecticut Lottery Corp. (CLC) and the tribes are a step closer to introducing online gaming and sports betting under a new law Lamont signed in May.
In August, the Connecticut General Assembly’s Regulation Review Committee passed regulations for online gaming and sports betting put forward by the Connecticut Department of Consumer Protection. The department will now move forward with the licensing process and the review needed to certify the gaming platforms. It is expected that online gaming and sports betting will be available for Connecticut residents in October.
Lamont said this is a “critical step in the process of modernizing our gaming landscape,” adding that it will mean Connecticut will have a “nation-leading marketplace for wagering.” Additionally, Lamont was keen to praise the efforts of the Mashantucket Pequot Tribe and the Mohegan Tribe. Lamont stated that the approvals mean Connecticut is “on the cusp of providing a modern, technologically advanced gaming experience” that will see the Nutmeg state be competitive with their neighboring states.
Rush Street Third & Final Betting Platform
On August 12, the Connecticut Lottery Corp. announced that Rush Street Interactive would be the state’s third and final sports betting platform. The gaming company operates the BetRivers Sportsbook and SugarHouse Sportsbook.
As part of the 10-year agreement, there will be $170 million in guaranteed minimum revenue share for the CLC from online and retail sports betting. Rush Street will also partner with Connecticut-based Sportech to provide sports wagering at 10 of the 15 retail sports betting locations authorized throughout the state.
Gessner said that the Mohegan Tribe is thankful to the Department of the Interior as well as the Office of Indian Gaming for the approvals. Gessner also wanted to praise Gov Lamont and Connecticut’s Congressional delegation “for their continued efforts and partnership.”
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