Monthly Archives: June 2021

Just a few days ago, Connecticut Governor Ned Lamont signed House Bill 6451 into law. Online sports betting, casino, and poker games are now legalized in the state. The change is a big one for the poker community, as online poker is often left out of iGaming legislation in the US. Connecticut is now the 7th state in the US to have regulated iPoker gaming.

Class III Gaming Compact Changes

With the new legislation, the Class III gaming compact of the Mohegan Tribe and the Mashantucket Pequot Tribe is changed. These tribes are responsible for the Mohegan Sun Casino and the Foxwoods facility in the state.

Both tribes will be allowed to offer all formats of online gaming, including poker. It is still unclear as to how the tribes will offer poker gaming. Will they try to keep operations in-house and go with a proprietary platform?

Perhaps the tribes will decide to work with a top operator in the online poker industry such as PokerStars or partypoker? Right now, no information has been provided as to what the tribes plan on doing when it comes to online poker services.

There is no doubt that major companies like PokerStars will hope to be able to enter into the state of Connecticut. It will be interesting to watch and see which brands try to garner the attention of the Mohegan and Mashantucket Pequot tribes for a potential partnership.

In a press release, Governor Lamont commented on the law by stating:

By signing this bill into law, Connecticut is now on the cusp of providing a modern, technologically advanced gaming experience that will be competitive with our neighboring states and positions us for success into the future.

Moving Forward

There is still legal action to consider even though the bill has been signed into law. The Bureau of Indian Affairs within the U.S. Department of Interior must still approve the tribal compact amendments. When the approval is given, the tribes can then start to set up the new services in the state.

The tribes look forward to getting started as the new services will help tribal members as well as the residents of the state. Rodney Butler, the Chairman of the Mashantucket Pequot tribe pointed out that gaming is more than business to the tribe. The services help the tribe to fund its government, pay for the education needs of children, as well as care for the elderly. Funds are also used to provide healthcare to tribal members.

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Connecticut governor signs online gambling bill into law - World Casino Directory

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The Jeux Casino and Australia Online Casino - Programming Insider

The coronavirus pandemic had a major impact on the casino and sports betting industry for most of last year. Land-based casinos and retail sportsbooks lost a large chunk of business through business shutdowns followed by capacity restrictions that lingered into this year.

The lone bright side to the situation was the explosion in growth of online casino and sportsbook sites. This also proved to be a major financial boon to independent bookmakers working closely with a top-rated pay per head bookie services site.

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The first pay per head sites started offering proprietary software solutions to local bookies around the same time the first commercial offshore sportsbooks expanded their reach through online betting platforms that could cater to the US market.

While similar in nature, pay per head sites gave private bookies the ability to level the playing field against the big commercial books. The primary reason why the private bookie industry continues to thrive today with the help of PPH services is the higher level of customer service and personal attention to detail that they can provide and the big commercial sportsbooks can never match.

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Online Casino

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Online Poker Room

More and more pay per head sites are including online poker room software solutions as part of their weekly bookie services plan. Online poker continues to grow in popularity with a daily schedule of live tournament action.

Texas Holdem remains the biggest draw. However, poker variants such as Omaha and Seven-Card Stud are also very popular among avid online poker players.

The Pay Per Head Edge

Private bookies who are serious about building and growing a highly lucrative online gambling business fully understand the benefit of working with a quality pay per head bookie services provider.

It still takes hard work and dedication to make a solid living as a private bookie. However, there has never been a better time to get started with the help of a quality pay per head site to reach and hopefully exceed any financial goals that have been set.

This is a paid advertisement The Tico Times does not endorse or evaluate the advertised product, service, or company, nor any claims made by the advertisement.

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Top-Rated Pay Per Head Sites Flourish With Online Gambling Growth - The Tico Times

Connecticut Governor Ned Lamont signed the House Bill 6451 into law on Friday, May 28, making CT the sixth US state to legalize online casinos and the seventh to have regulated online poker. The bill should take effect on July 1, 2021.

The Governors signature was the final step in the process after the bill had successfully passed the Senate vote on May 26. The House of Representatives sent the bill to the state Senate after passing it with a 122-21 margin.

The final signature was a mere formality as Gov. Lamont had already stated his intention to immediately sign the bill if it were to receive the necessary support from the Senate.

Following the passage of the bill, the Governors Office issued a public statement, announcing a new era of gaming in Connecticut.

By signing this bill into law, Connecticut is now on the cusp of providing a modern, technologically advanced gaming experience that will be competitive with our neighboring states and positions us for success into the future, Governor Lamont said.

Today, we celebrate the result of months of hard work and dedication toward an agreement that is best for the residents of Connecticut and the respective tribal members.

The state of Connecticut has been toying with the idea of regulated online gambling for a long time now. It was back in 2011 that Dannel P. Malloy, the state Governor at the time, expressed his opinion that CT legislators should look into regulating online gambling.

The bill received an overwhelming support both in the House and in the Senate, where it was passed by a 28-6 margin. Three Republicans and three Democrats stood together against the CT gambling bill, expressing their concerns about dangers of excessive gambling that could ensue.

On the flip side, the new bill stands to generate $30 million in the next fiscal year, with the potential to bring in $83 million per year by 2026. Online gambling will be taxed at 18% on gross revenues for the first five years, followed by the 20% taxation rate for the remaining five.

Although the bill has been signed, there are still certain wrinkles that need to be ironed out before residents of Connecticut are able to play poker and casino games online.

The bill only allows the Mashantucket Pequot and Mohegan tribes to offer online casino and poker games. However, before this can happen, the compact between the state and the two tribes needs to be changed, and these changes must be confirmed by the US Department of Interior (DOI).

Tribes will only be allowed to have one online operator offering games outside of tribal lands, which means that, as things stand right now, there is room for just two poker sites in CT to kick things off.

The Connecticut Lottery Corporation (CTC) will also benefit from the new iGaming bill, as it will be allowed to offer select online games. However, that language certainly does not cover online poker.

With the population of 3.6 million, Connecticut does not represent a huge market, so major US operators like PokerStars USA, WSOP USA, and BetMGM USA will probably not be overly concerned if they are not able to get their foot in the door early on.

At the same time, the CT online gambling bill does not contain language that would prohibit multi-state agreements. This means that the state will likely seek to enter existing or create new interstate agreements in the near future, which would significantly improve its position in the regulated US market.

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Connecticut Governor Signs Online Poker, Casino and Sports Bill into Law - Pokerfuse

June 02, 2021Chad Holloway

Last week, Connecticut legalized online gaming, including both casino games and poker. After Governor Ned Lamont (D) signed House Bill 6451, The Constitution State became the seventh state to legalize online casino games and seventh to regulate online poker.

The legislation, which amends the Class III gaming compacts, also legalized both online and in-person sports betting and keno, online lottery draw games, and various fantasy contests. The states two tribes, Mohegan Tribe and Mashantucket Pequot Tribe who operate Mohegan Sun and Foxwoods respectively, will be allowed to offer all forms of online gaming, while the Connecticut Lottery Corporation (CLC) is limited to sports betting and online lottery draw games.

By signing this bill into law, Connecticut is now on the cusp of providing a modern, technologically advanced gaming experience that will be competitive with our neighboring states and positions us for success into the future, Governor Lamont said in a press release.

Now that the bill, which passed the state legislature in late May and the Senate last week, has been signed into law, the Lamont administration and the tribes will seek approval from the Bureau of Indian Affairs at the U.S. Department of Interior to amend the states compact with the tribes. The federal agency must approve the changes to the compact before online gaming and sports wagering can begin in the state.

He continued: I am confident that the federal government will see fit to approve these amendments to our compact, and in the coming months we can launch a modernized, 21st-century gaming experience in Connecticut.

As part of the deal, the states general fund will receive monthly payments of 13.75%-20% of gross revenues from both tribes as well as the CLC. They also receive a yearly payment of $500,000 from each tribe and $1 million from the lottery, funds that will help problem gambling programs.

Mohegan Tribal Council Chairman James Gessner Jr. said: The Mohegan Tribe is thankful to Governor Ned Lamont and our partners in the General Assembly for their cooperative efforts to legalize online gaming and sports wagering, efforts that will keep Connecticut competitive with surrounding states when it comes to gaming entertainment. This is a major accomplishment, reached with overwhelming bipartisan support. The advantages of these changes will be felt statewide, to the benefit of Connecticut residents and our tribal members, at a time when our governments are collectively working to recover from the pandemic and provide vital services.

Mashantucket Pequot Tribal Chairman Rodney Butler added: Gaming is more than a business to our tribe, it is the way we fund our government, pay for our childrens education, care for our elders, and provide healthcare to our members. The agreement not only ushers in a new modern era of gaming, but it solidifies our tribal/state partnership for years to come.

With a population of 3.6 million, Connecticut sits ahead of other online poker-friendly states such as Delaware, West Virginia, and Nevada, but is considerably smaller than Pennsylvania, New Jersey, and Michigan.

Theres no word on what the tribes will do, but partnering with the likes of PokerStars, partypoker US, or possibly Caesars Interactive seems like a real possibility. Likewise, while its not spelled out in the bill, itd make sense for Connecticut to join an interstate compact to enjoy the benefits of shared liquidity.

However, before any of that happens, the state and tribes have to have their compacts approved by the federal government, which will have 45 days to act once edited compacts are signed and submitted. Like several states before it that passed online gaming legislation, expect it to take a bit of time (i.e. a year or so) before games are actually up and running.

For more on online gaming coming to Connecticut, check out this news report from NBC Connecticut:

Images courtesy of Gov. Ned Lamont.

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Last week, Connecticut @GovNedLamont legalized online gaming, including both casino games and poker.

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Connecticut Legalizes Online Gaming; Becomes 7th State to Pass Online Poker - PokerNews.com

The Constitution State has finally enabled online gaming fans to enjoy their favorite games on the web.

Connecticut has become the seventh state to legalize online poker and the sixth to regulate online casinos after Governor Ned Lamont put his signature on House Bill 6451. This bill also regulates sports betting in Connecticut, and it is expected to be put forward from July 1, 2021.

Connecticut legislators have been developing a plan that would help them regulate online gambling for quite some time. After the bill got approved by the Senate and the House of Representatives, the Governor gladly signed it and marked the start of a new gambling era for Connecticut.

In a public statement issued after the bill was passed, the Governor expressed his personal opinion on the matter:

By signing this bill into law, Connecticut is now on the cusp of providing a modern, technologically advanced gaming experience that will be competitive with our neighboring states and positions us for success into the future. Today, we celebrate the result of months of hard work and dedication toward an agreement that is best for the residents of Connecticut and the respective tribal members.

Apart from putting a stop to offshore gambling activities, Connecticut will also profit in terms of finance. Namely, the bill is expected to bring $30 million during the next fiscal year, while the annual profit is predicted to reach $83 million by 2026.

When it comes to taxes, during the first five years upon signing the bill, the state will impose an 18% tax on gross revenues. However, over the following five years, the tax will be 20%.

The bill specifies a certain way in which online gambling will be allowed to take place in Connecticut. Right now, only land-based establishments owned by the Mohegan and Mashantucket Pequot tribes have the right to offer online poker and casino games. Unfortunately, this means that there wont be enough space in Connecticut for all the big names like PokerStars, WSOP, and others.

Each of these tribes will be allowed to have one online operator in charge of offering gambling activities in Connecticut, which is a total of two websites on the state level. Also, the Connecticut Lottery Corporation (CTC) will have the right to offer certain online games. Nevertheless, before any further steps can be made, the current deal between the tribes and the state must be altered and approved by the US Department of Interior (DOI).

Finally, the new iGaming bill contains nothing that would prevent Connecticut from taking part in interstate agreements. In other words, we can expect such moves in the future, as they would place Connecticut on top of the list of pro-gambling states.

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Connecticut Welcomes Online Poker, Casinos, and Sports Betting - Beat The Fish

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Global Online Gambling Game Software Market 2021 Current Scope, Comprehensive Insights, Growth and Forecast 2026 The Courier - The Courier