Connecticut is close to a deal with the tribes over rights to sports betting.
Sportech
Posted inEconomic Development, Money
Lamont and tribes deadlock over sports betting
Gov. Ned Lamont endorsed legalizing sports betting under terms opposed by the tribal owners of Foxwoods Resort and Mohegan Sun.
Posted inEconomic Development
A crash course on luring sports betting from the shadows
It was an eclectic audience at a seminar to learn about a business still illegal in Connecticut, if for the moment. There was an OTB guy from Suffolk, N.Y., a casino and horse-track general manager from Ruidoso Downs, N.M., the Harvard-educated consumer-protection commissioner of Connecticut, and three silent observers from the National Hockey League.
The agenda: How to make a buck by taking bets on sports.
Posted inJustice
SCOTUS sports betting case to be watched in Connecticut
Giving new significance to recently passed legislation in Connecticut, the U.S. Supreme Court agreed Tuesday to review New Jersey’s challenge of a federal law that has stopped the expansion of sports betting beyond a handful of states for the past quarter century.
Posted inMoney
A British bet on OTB in Connecticut’s roiled gambling market
STAMFORD — Ted Taylor settled onto an upholstered leather bench in an unfinished booth at the new Bobby Valentine’s restaurant and sports bar, the Connecticut Gold Coast’s introduction to a plusher version of what’s been a shrinking, down-market gambling niche — off-tracking betting. His company, Sportech, is investing in a gambling market under pressure from increased competition both in and outside the state.