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The UConn men are top dogs again. Frankie & Johnny cover championship celebrations in Connecticut and more.
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December was a record month for the gambling industry in Massachusetts, according to the latest revenue report from regulators.
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For decades, the American sports betting industry was only accessible via seedy back rooms and offshore banking accounts. But after a 2018 supreme court ruling, betting on your favorite team is as easy as pressing a button on your phone. This week on Disrupted, an exploration of the bustling legal world of sports betting.
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Operators of sports betting and online casino gaming are obligated to offer gamblers a way to opt out of betting. But the state doesn’t require those operators to collect or share data on how people are making use of these tools. Some lawmakers hope they will.
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Last month, the state received $501,516 in tax payments on sports betting revenue from the three entities licensed to offer sports betting in Connecticut. It's the lowest tax figure since sports betting went live in Connecticut last fall.
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Industry officials said that Super Bowl LVI would have the most dollars wagered on a game ever. But, that doesn't mean that gambling operators actually turn a profit.
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A Los Angeles Rams win for example could help one local sports betting operator make money, according to data collected two days before Super Bowl Sunday.
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Information is out there on problem gambling in the first three months of retail and online sports betting, along with online casino gaming. It's just not coming from the places that take the bets.
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The Public Safety and Security Committee committee will raise a bill mandating a gambling prevalence study, most likely requiring the casinos and lottery to share their data.
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Revenue figures show continued growth in online casino gaming and a dip in taxable revenue from sports betting from November to December.