Fair 43°
Tag:

Sports Betting

Politics
Lamont Reelected To Second Term As CT Governor Lamont Reelected To Second Term As CT Governor
Lamont Reelected To Second Term As CT Governor Connecticut’s Democratic Gov. Ned Lamont will spend a second term in the governor’s mansion after defeating Republican Bob Stefanowski, ABC News projects.  Lamont was leading Stefanowski by five percentage points, 52 to 47 percent, as of 11:35 p.m. with 31 percent of the vote reporting. A former Greenwich selectman, Lamont first ran for Connecticut governor in 2010, but lost in the Democratic primary to former Stamford Mayor Dannel Malloy, who went on to win the general election. He ran again and defeated Stefanowski in 2018. Among his most noteworthy accomplishments in office,…

SHARE

by Michael Mashburn
News
Lamont Reveals How Much CT Collected From Sports Betting, Online Gaming In October Lamont Reveals How Much CT Collected From Sports Betting, Online Gaming In October
Lamont Reveals How Much CT Collected From Sports Betting, Online Gaming In October In the first few weeks after Connecticut launched sports betting and online casino gaming, the state collected about $1.7 million. Between the soft launch on Tuesday, Oct. 12, through Sunday, Oct. 31, Connecticut collected about $513,000 from sports betting and $1.2 million from online casino gaming, Gov. Ned Lamont announced on Wednesday, Dec. 1. “This first revenue collection for our state reinforces the process and approach by my administration when it came to ensuring our sports betting and iCasino platforms worked seamlessly for consumers,” Lamont said in a statement.  “We worked…

SHARE

by Nicole Valinote
News
Details Emerge On State's Deal With Indian Tribes For Sports Betting Details Emerge On State's Deal With Indian Tribes For Sports Betting
Details Emerge On State's Deal With Indian Tribes For Sports Betting Gov. Ned Lamont and Connecticut’s two federally-recognized Native American tribes have reached an agreement on sports betting and online gambling. Lamont announced on Thursday, March 18 that the Mohegan Tribe, and Mashantucket Pequot Tribe have reached an agreement that “will allow the State of Connecticut to modernize gaming options available to state residents.” The agreement is expected to generate tens of millions of dollars for the state, while “keeping Connecticut competitive with gaming currently being offered or considered in neighboring states.” As part of the agreement, the Con…

SHARE

by Zak Failla
News
Details Emerge On State's Deal With Mohegan Sun For Sports Betting Details Emerge On State's Deal With Mohegan Sun For Sports Betting
Details Emerge On State's Deal With Mohegan Sun For Sports Betting The State of Connecticut has now reached a formal deal with the Mohegan Tribe, with another one “inches away” from Foxwoods to legalize sports betting and online gambling in the state. Gov. Ned Lamont and Mohegan Tribe Chairman James Gessner Jr. announced this week that they have reached an accord to “allow the State of Connecticut to modernize gaming options available to state residents.” Lamont said that he expects the agreement to generate tens of millions of dollars for the state, “while keeping Connecticut competitive with gaming changes currently being offered or considered in neighb…

SHARE

by Zak Failla
News
Online Gambling, Sports Betting Nearing Approval For Mohegan Sun Online Gambling, Sports Betting Nearing Approval For Mohegan Sun
Online Gambling, Sports Betting Nearing Approval For Mohegan Sun Lawmakers have struck a deal with Mohegan Sun to bring online and sports betting to the casino located in Uncasville, Connecticut. According to reports, Gov. Ned Lamont’s office has reached an agreement with casino officials to expand gambling efforts in Connecticut in a deal that is expected to be signed on Tuesday, March 2. 
“It is our goal to have an agreement of both tribal nations and the state of Connecticut to present to the General Assembly, particularly this committee of cognizance, in the very near future,” Lamont’s Chief of Staff Paul Mounds said to the General Assembly’s Pu…

SHARE

by Zak Failla
Politics
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit During the gubernatorial debates, Democrat Ned Lamont said his first order of business would be to craft a fiscally-responsible state budget within 90 days. The clock is ticking, and outgoing governor Dannel P. Malloy offered the governor-elect some tips. Malloy suggested some strategies to avert a multi-billion-dollar deficit that Connecticut could face over the next two years — if solutions remain elusive. Malloy suggested that Lamont, a Democrat from Greenwich, tap into state reserves to avoid tax hikes. Other deficit-trimming options Malloy cited in his transition budget include: …

SHARE

by Jon Craig
Sports
NBA, MLB Want Fee If Sports Betting Is Legalized In Connecticut NBA, MLB Want Fee If Sports Betting Is Legalized In Connecticut
NBA, MLB Want Fee If Sports Betting Is Legalized In Connecticut Sports betting has become a big business in America, and if it becomes legalized in Connecticut, professional sports leagues reportedly want a piece of the billion dollar pie. Last July, Gov. Danell Malloy signed a bill into law that will allow the state to move quickly if a federal sports ban is overturned by the Supreme Court or repealed by Congress, allowing officials to “regulate wagering on sporting events to the extent permitted by state and federal law.” The Professional and Amateur Sports Protection Act of 1992 dissuaded states from legalizing sports betting, but several years ago, …

SHARE

by Zak Failla