Bill Summary: HB 5168 - Sports Wagering Authorization

• Authorizes sports wagering in Connecticut through licensed operators including the off-track betting system operator, tribal entities (MMCT Venture LLC, Mashantucket Pequot Tribe, Mohegan Tribe), and Connecticut Lottery Corporation, effective July 1, 2020.

• Establishes licensing requirements and fees for sports wagering operators ($100,000 application fee, $750,000 licensing fee) and vendors ($100,000 application fee, $300,000 licensing fee) administered by the Commissioner of Consumer Protection.

• Imposes taxes on sports wagering gross revenue at 10% for in-person wagering and 14.75% for platform (online) wagering, with revenues deposited into a dedicated sports wagering account.

• Prohibits sports wagering by operators/employees, athletes, coaches, referees, and individuals with access to confidential information; requires age verification (21+) and voluntary self-exclusion options.

• Allocates 2% of sports wagering account revenues to problem gambling treatment programs and requires Commissioner to adopt comprehensive regulations covering game types, data security, integrity protections, and advertising standards.