In what would be a first, Connecticut lawmakers have announced they are considering a new bill that could potentially cap online sports betting wagers, a move that could impact not only high-stake bettors but state sportsbook revenues too.
The latest gambling-orientated proposal – SB01464 – was introduced in the Senate’s Joint Committee on General Law last week, and included a range of sweeping online poker and betting measures.
The bill’s primary aim is to facilitate a move for Connecticut to join the Multi-State Internet Gaming Agreement (MSIGA). The MSIGA allows online poker players to compete across state lines, increasing player pools and liquidity.