In the latest is sports betting in the US, we may see Connecticut online sports betting start by October 7. This gives residents the chance to place their bets in time for the NFL week 5. Currently, residents will have only three options to place wagers- all of them are online. As many in the sports betting business know, such as SportsBettingSolutionAsia.com, online sportsbooks can attract a larger number of players compared to retail sportsbooks.
The pace at which Connecticut is working toward launching a sports betting market in the state is quite fast. Especially since Governor Ned Lamont only signed the sports betting and online casino gaming bill into law back in May 27. Let, in less than 6 months, the state will be ready to open their new sports betting market. Of course, using bookie pay per head services will be the fastest and quickest option to open an online sportsbook.
Connecticut Online Sports Betting Market
Retail sports betting could also begin by October 5, or maybe even earlier. This depends on how soon the Mohegan Sun and Foxwoods tribal casinos can open their brick-and-mortar sportsbooks. Upon final approval, these casinos can also offer retail wagering. Allowing for sports betting can add and contribute to the local economy through taxes from revenues, licenses, as well as help generate additional employment. For those who do want to try our online sports betting, here are some sportsbook software reviews.
This is a welcome contribution as well, as the state is trying to generate more funds to help the state recover from the pandemic. And since the state will allow both online and retail sports betting, residents will have multiple options when it comes to placing their bets. But looking at nearby states that offer sports betting, online sportsbooks are taking in a larger piece of the pie in terms of sports betting handle. We will be seeing in the few months how Connecticut sportsbooks will fare. But with the NFL, the NBA, MLB, and other sports leagues running in the last few months of the year, things are looking good.