In the latest in the sports betting industry, the bookie industry in Connecticut launches legal sports betting in the state. Governor Ned Lamont places in the first wager of the state, betting $50 on the Connecticut Sun covering the spread versus the Chicago Sky. Many pay per head bookie provider are already seeing an increase in betting activity with the football season in its early weeks.
Legalizing sports betting in Connecticut was fast- the timeline is much faster than that of other states. Governor Lamont signed HB6451 into law last May 27. This law creates three master licenses for legal sports betting in the state. These licenses went to two tribal casino groups and one for the Connecticut Lottery.
Bookie Industry in Connecticut
These licensees have opened their retail sportsbooks this week. They are allowed to host one online sportsbook operator each. These operators will be launching online sportsbooks next week. Using an online bookie software company is a great option as it is easier to get players from anywhere, through mobile or desktop options. The local operators in Connecticut have 10-year licenses, so there is such confidence that the sports betting market will continue to grow and stay profitable long-term.
And much line any bookie pay per head company, bookies and operators everywhere are optimistic about the industry. They believe that the sports betting market will continue to grow in the last quarter of the year. Now that football season is in, sportsbooks are getting more action. The NBA season will also be starting soon, which will generate a lot of revenue as well. Of course, college sports is also a major contributor to the success of many sportsbooks, and this season will be just as profitable, if not more, as the previous year’s.
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