CT sports betting legislation targeted after adoption of the joint committee
Sports betting in CT got the floor of both legislatures after a joint committee tabled several bills Wednesday.
The Joint Public Security Committee touched three Bills directly related to sports betting:
- HB 6451 is Governor Ned Lamont‘s bill showing the extended gaming agreement between his office, the Mashantucket Pequot, and the Mohegan Indians. This would enable both iGaming and sports betting in Connecticut.
- SB 146 covers some of the finer details created by this agreement, such as: B. where this new tax money goes.
- HB 6512 deals with consumer protection for sports betting. The bill does not currently (but possibly) contain a betting ban for state universities.
This is of course not only due to the legislature. The amended contract must be approved by the federal government Indian Affairs Office.
That might slow the process down, but Lamont’s chief of staff does Paul Mounds hopes that sports betting live from the NFL Season, he said at a Monday Press conference.
CT sports betting bills controversial for some
Especially some committee members Craig Fishbein MP, has raised some legality issues with the future bills.
Fishbein repeatedly noted that negotiations between the three sides were not open to the public. He also stated that the memorandum of understanding between the tribes and the state never considered sports betting when they were signed at the beginning 90s.
MP Kathy East – whom chair Maria Horn called a “tenacious force” to get those game bills across the finish line – stated the situation was not so straightforward. She also noted that the attorney general was in the middle on whether the state could expand gambling only with the tribes or whether it needed to open up to a public trial.
Horn stated that it was clear that the question of the legality of the agreement would remain:
“That said, I can assure you that there has been a lot of legal discussion and a lot of deliberation. There is very little legal clarification regarding many of the issues underlying the bills we are reviewing today. But I know it has been very carefully designed and considered to ensure that what we do is legal, and I am sure it is. “
Can Sportech place bets online?
These legality concerns were also affected Sports, the state’s exclusive pari-mutuel bookmaker. The LondonThe publicly traded company has threatened to file a lawsuit for being banned from the deal.
Sportech is technically included, however. The Connecticut lottery may sub-license some of its 15th Retail bets allowed in the agreement with Sportech. And there might also be a chance to take part in the online site, Horn said:
“I specifically asked the governor’s office this morning if [Sportech] would be involved in the online part and was informed that the lottery will have the opportunity to work with Sportech. [The Lottery] will have skin and they will be able to find partners. Sportech can get involved in finding a partnership with the lottery. “
CT Sports Betting Details
The following is known so far about the agreement between Lamont and the two tribes:
- Income from sports betting is also taxed 13.75%. The tax rate for iGaming has been lowered slightly from the first agreement just announced between Lamont and the Mohegan. Online casino is also taxed 18% for the first five years before you jump up 20% for the next five years.
- The Mashantucket Pequot (partner of DraftKings Sports Betting), the Mohegan (partner of camp) and Connecticut Lottery (not yet a partner) will each receive an online sports betting skin.
- The lottery will also receive 15 sports betting outlets. Two of these are specifically required in Bridgeport and Hartford. The 15 locations can be sub-licensed for operation to Sportech.
- The agreement is for ten years with the option to extend for five more.