The Connecticut
Regulation Review Committee approved emergency regulations for online and
sports betting this morning.
The committee approved
80 pages of rules for the new industry, which include many protections against
problem gambling.
Among them – players can
set limits on how long they play, how much money is in their account, and how
much they can wager.
Players can't raise that
limit on a whim – they would have to wait 24 hours before doing so.
Users can also suspend
their account for at least three days or even add themselves to a "self-exclusion
list" for a year or more.
Four Republicans voted
no, saying the
protections aren’t enough and that the new rules are rushed
to get sports betting started in time for the NFL season, which begins next
Thursday.
The state is unlikely meet that deadline
because of multiple regulatory steps gaming vendors must clear. State
regulators must approve each vendor's "house rules" for sports
betting. For online games, vendors will need a one-week "soft launch"
to make sure everything works. New games also must get certified by an
independent lab.
The federal government also has to approve
expanded gaming in Connecticut because it involves the state’s two Native
American tribes. The Bureau of Indian Affairs must make a decision by Sept. 9.
The Mashantucket-Pequot Tribe, which owns Foxwoods Resort
Casino, says they’re ready to go.
“With the NFL season kickoff
fast approaching, we are working to launch online gaming and sports betting as
soon as we are legally allowed to do so,” tribal chair Rodney Butler said in a
statement.
Gov. Lamont released the following statement regarding the committee's approval:
“The
passage of the regulations for sports wagering and online gaming is a
significant step forward for Connecticut and our partners in this new
marketplace. In working collaboratively with the Mohegan Tribe, the
Mashantucket Pequot Tribe, and the Connecticut Lottery Corporation, Connecticut
has crafted nation-leading legislation, which will position our state as a
leader in this space and will provide an elevated user experience for eligible
residents. I want to the thank the members of the Regulation Review Committee
for their thoughtful debate, commitment to this process, and passing these
regulations today.”