Barring interference from the federal authorities, on-line poker and sports activities betting is coming to Connecticut.
Late Tuesday night time, the Senate handed a invoice that will permit the Mohegan and Mashantucket Pequot Tribes to supply each on-line playing, together with poker, and sports activities betting, and permit for the Connecticut Lottery to supply sports activities betting as nicely.
The laws handed via the higher chamber of the legislature by an overwhelming 28-6 vote after a quick debate on the invoice. It comes lower than every week after the House handed the identical invoice by a 122-21 rating.
The invoice now heads to the desk of Gov. Ned Lamont, who has mentioned he’ll signal the invoice. It was Lamont who introduced the 2 tribes, which personal the 2 Las Vegas-style casinos within the state, to the negotiating desk earlier within the yr and comply with an internet playing deal in March.
The laws updates the prevailing gaming compact between the state and the tribes. The tribes might be allowed to supply on-line playing throughout the state whereas including each an internet and retail sportsbook to its choices.
In alternate for the net growth of their on line casino enterprise, the lottery will even have the rights to supply each on-line and retail sports activities betting.
Since the laws offers with an present gaming compact between a tribal entity and a state authorities, it’s topic to the approval of the Department of the Interior. Once authorized, Connecticut will change into the seventh state to legalize on-line poker. It joins Nevada, New Jersey, Delaware, West Virginia, Pennsylvania and Michigan.
It turns into the third state in New England to legalize sports activities betting, becoming a member of Rhode Island and New Hampshire. Betting on in-state collegiate athletic occasions, nevertheless, won’t be permitted.
The invoice does, nevertheless, put a 10-year pause on the development of the proposed on line casino in East Windsor, which might be owned by each tribes to compete with MGM Springfield. Despite the laws, the 2 tribes had already beforehand agreed to place the challenge on maintain.
Online playing income might be taxed at a fee of 18% for the primary 5 years and 20% within the years following. Sports betting can have a 13.75% tax on income. Early estimates from the Office of Fiscal Analysis have this laws producing a mixed $27.9 million in new tax income.
A timeline for the launch of the brand new market has not been laid out but.