Connecticut lawmakers hold sports betting hearing
The lawmakers are one step closer to reaching a decision on the legality of sports betting in the state.
US.- Ever since the US Supreme Court lifted the federal ban on sports betting, states are in talks to see if they wish to offer the modality and benefit from it. Connecticut lawmakers have discussed it multiple times, and it was clear in a hearing on Tuesday that they are one step closer to coming to a decision.
The state has taken a different route and decided to introduce a measure that would give sports leagues a cut from the revenue from sports betting. “The ability to get cooperation from sports betting operators, screen insiders from being able to bet, and get information from betting operators, monitor betting activity of our games,” said Don Spillane from the NBA.
The Connecticut Lottery is now involved in the talks and said that it is ready for the modality to be approved. “It has been pointed out in a number of locations, not just Connecticut, that successful sports betting operations in the state need to be online as well,” said Gregory Smith, President of Connecticut Lottery, according to WFSB.com.
The bill proposed by Representative Joe Verrengia would have the sports betting segment paying 0.25% to the leagues, but they wouldn’t keep all that money. Part of it would go to a new partnership between them and the Connecticut Department of Economic Development. While the state is continuing his discussions, Governor Ned Lamont did not include sports betting in his budget, which was released last month.
