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Connecticut (USA): all our coverage

47 articles on Connecticut (USA), newest first. For the regulator, licensing, tax and legal status, see the Connecticut (USA) profile.

CFTC Stays ProphetX's NFL Scorigami Contracts and Tells Novig Not to List Micro Markets
Prediction Markets

CFTC Stays ProphetX's NFL Scorigami Contracts and Tells Novig Not to List Micro Markets

The Commodity Futures Trading Commission has opened a false-certification proceeding against two ProphetX contracts on whether an NFL game produces a never-before-seen final score, and stayed them before they traded. It is the first stay of a sports event contract on the CFTC's 2026 filings record, and it turns on the same "economic consequence" test the agency says sports contracts pass.

March 2025 Google Update Shatters iGaming Affiliate Traffic, Reshaping Performance Marketing
Prediction Markets

Google Bars Prediction Market Ads in Connecticut, the Fifth US State It Has Shut Out

Google has added Connecticut to the US states where certified prediction markets may not advertise, the fifth exclusion since it opened the category in January, and has written a pointer to its prediction market rules into the main body of its gambling policy. Each of Google's notices has taken effect the day it was posted, and none gives a reason.

Maine Points to a First-Quarter 2027 Online Casino Launch as Its Rules Await Legal Review
Regulatory

Maine Points to a First-Quarter 2027 Online Casino Launch as Its Rules Await Legal Review

Maine's gambling regulator now says the first quarter of 2027 is the more practical target for online casino, and the state has told a federal court its rules cannot take effect before 25 November. Between now and launch sit a legality review, six hires, a licensing portal still to be launched and a constitutional challenge still waiting for a ruling.

Cftc launches formal rulemaking process for prediction markets as sports contract oversight take
Corporate

IG Group Shares Fall Up to 27% on a 14% Revenue Drop as Underdog, Its Pending $1.3bn Buy, Doubles

IG's core trading business kept more customers and less of their money in the third quarter, and the London-listed broker has cut its 2026 growth outlook to mid-single digits. The US fantasy and prediction-market operator it agreed in July to buy for up to $1.3 billion more than doubled its revenue, but that deal has not closed and the business is in court with six states.

Draftkings sued over patent infringement related to micro betting technology
Prediction Markets

Gaming Regulator Groups Urge the Supreme Court to Hear New Jersey's Kalshi Case

Two associations of gaming regulators have told the Supreme Court that the same Kalshi contract is shielded from state law in New Jersey and subject to it in Ohio, and that only the Court can end that. They follow a group of state lawmakers in backing New Jersey's petition; nobody has yet filed for Kalshi.

Boston massachusetts skyline
Corporate

Massachusetts Casinos Took $101.9m in August as Sportsbooks Held 8.3% on $570m

Encore Boston Harbor produced $62.8 million of the three casinos' revenue, up from $95.7 million in July across the state, and the seven mobile books plus three retail counters generated just over $47 million of taxable sports revenue. DraftKings settled $275.1 million of it, nearly twice FanDuel, in the last full month before the NFL.

Kalshi's NFL Markets Hit Record Volume, Surpassing Elections on Eve of Regulatory Showdown
Prediction Markets

Kalshi's $3bn Saturday: Long-Shot Parlays Were 38% of Volume on $4.1m of Stakes

A new daily record of $3.01 billion, another $2.82 billion on Sunday, record fees of $18.2 million and $17.6 million, and the worst two days in Kalshi's history for parlay takers, who lost $46.1 million. Strip out the parlay maker side and neither day was a record for taker volume, InGame's analysis shows.

Kalshi Seeks CFTC Approval for Sports Betting-Style Markets, Escalating Legal Battle with States
Prediction Markets

IGA's Rocha: "DraftKings Has to Come Down Like a Piñata" Once Kalshi Loses

The Indian Gaming Association chair told Gaming America that more tribal lawsuits are coming after the Ninth Circuit, that DraftKings' tribal partnerships in Connecticut, Arizona and Washington are at risk over its prediction-market push, and that the Supreme Court will rule against Kalshi. CNIGA's James Siva: "We're keeping track."

American flags city buildings
Regulatory

VGW Puts $351,000 Into Alabama Politics, $130,000 of It Behind Tommy Tuberville

New Alabama filings show the Chumba Casino owner gave the Republican governor candidate a further $100,000 on 31 August, $170,000 to a PAC funded by DraftKings, FanDuel, BetMGM and the Poarch Band, and $10,000 to $20,000 apiece to six state senators, 36 contributions in five months in a state with no lottery and no regulated online gambling.

American football player gridiron
Sports Betting

EKG Puts NFL Wagering at $40bn This Season With Prediction Markets Taking 21%

Eilers & Krejcik's first combined forecast credits sportsbooks with $31.7 billion and the exchanges with an $8.4 billion "handle analog", a translation of exchange volume into sportsbook terms that it has not published. The AGA sees sportsbooks flat at $29.5 billion; Week 1 data suggests the exchange share may be larger.

Missouri regulator defends licensing strategy as fanatics secures market access
Prediction Markets

Missouri Tells Six Prediction Markets to Stop or Get Licensed Within 30 Days

The letters Catherine Hanaway promised on Wednesday went out to Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood, dated 16 and 17 September. Five of the six are told to stop serving under-21s. The licensed sportsbooks' own exchange products are not on the list, and Kentucky, she says, is close to a settlement.

Missouri regulator defends licensing strategy as fanatics secures market access
Prediction Markets

Missouri's AG Sends Every Prediction Market a Cease-and-Desist and Names a Price

Catherine Hanaway says sports contracts "fit four square the definition of gambling in Missouri", that they siphon money from sportsbooks that pay the state's tax, and that what she wants is an agreement putting the exchanges under Missouri gaming law and taxing them. If there is no agreement she will sue; she expects them to sue her first.

Sports betting app cash football
Prediction Markets

Underdog Sues Connecticut, Its Sixth State in Ten Days, Over a Cease-and-Desist

The 9 September order from the Department of Consumer Protection told Underdog to stop advertising and offering sports event contracts and to let residents withdraw. Underdog's answer, filed in federal court on Tuesday, is the same one it gave Ohio, Massachusetts, Wisconsin, New Mexico and Washington: the CFTC has "exclusive jurisdiction" over a designated contract market, so the state's action is "meritless".

Genius sports closes 12 billion legend acquisition in major sports data and media play
Prediction Markets

Genius Sports Launches Prediction.com, an Oddschecker for Event Contracts

The site compares equivalent contracts across Kalshi, Polymarket, Novig, Underdog, FanDuel Predicts, Fanatics and five others, with a cross-venue engine for multi-leg positions and Genius's live game data underneath. It runs on Legend, the media business whose $1.2bn purchase in February sank the shares. Mark Locke says most prediction-market demand "appears new".

California on brink of banning sweepstakes casinos as bill passes senate unanimously
Prediction Markets

Ninth Circuit Says Kalshi's Sports Contracts Are Class III Gaming on Tribal Land

A second unanimous panel in three weeks has ruled against the exchange, this time for two California tribes under the Indian Gaming Regulatory Act. The court held that IGRA and the Commodity Exchange Act "simply address two different questions", and sent the case back for an injunction. Lawyers on the tribal side are already talking about geofencing reservations.

New york sues coinbase and gemini over prediction markets in latest state crackdown
Prediction Markets

A New York Judge Asks the CFTC Why She Should Grant What Other Courts Refused

Judge Lorna Schofield heard the commission argue that the Commodity Exchange Act pre-empts New York's $3.4 billion gambling case against Coinbase and Gemini, and pressed its lawyers on why she should enjoin the state when other federal courts have declined to. She did not rule from the bench.

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