HARTFORD, CT (WFSB) – Sports activities betting could possibly be a giant win for Connecticut, in line with a gaming analysis group.
PlayCT mentioned the state may elevate $ 1.5 billion in playing annually to associate with $ 100 million in operator income.
Governor Ned Lamont signed a invoice that legalizes sports activities video games in Connecticut.
Governor Ned Lamont signed a invoice approving on-line gaming and sports activities betting earlier this week.
Additionally on account of the invoice, in line with PlayCT, on-line casinos may generate as much as $ 350 million in gaming income annually, which might develop into an enormous tax generator for Connecticut.
“Connecticut is a comparatively small state, however the market has a handful of attributes that ought to assist it barely outgrow its weight,” mentioned Eric Ramsey, analyst for the PlayUSA.com community, which incorporates PlayCT.com. “Geographically, the state is in an excellent place, with the potential to draw important enterprise exterior of New York State and Massachusetts. And Connecticut has one of many highest median family incomes within the US Each elements ought to assist the market attain maturity comparatively rapidly. “
Lamont negotiated agreements with the Mashantucket Pequot and Mohegan tribes of the state. They may then must be authorised by the US Bureau of Indian Affairs.
When that occurs, Connecticut will be a part of two dozen different states with some type of authorized sports activities betting.
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