Governor Malloy Pushes Online Gambling in Connecticut


02/03/2012
By Debra SaundersGoogle

Dannel P. Malloy, the current governor of Connecticut, told reporters recently that he believes legalized online gambling is inevitable and therefore Connecticut should move forward with legislation to legalize and regulate local online gambling.  Malloy’s statement follows the U.S. Department of Justice Legal Commission’s recent reexamination of the Federal Wire Act that limits the prohibition to sports betting and excludes online gambling from any problems of legality. 

Malloy, looking pragmatically at the issue of online gambling, instructed his office to examine possibilities of legal online gambling in Connecticut, including the possibility of having the Connecticut State Lottery run the online casinos.  He said many times that since it is only a matter of time before online gambling is legalized, the approach should be that of taking initiative on the subject.

The casino industry in Connecticut is already quite large and quite profitable.  It employs over 20,000 “Nutmeggers” and rakes in $350 million in annual tax revenue.  The economic incentives are, therefore, quite clear.  However, Malloy stressed another issue that goes beyond money.  He explains that the efforts made to enforce online gambling prohibitions have been futile against online casinos operating outside of the United States.  Since the internet has no borders, the best and most sensible way to deal with the issue is to create a localized industry that is regulated and taxed.

Now that the USDOJ has freed local lawmakers from the Wire Act, it is only a matter of time before states begin legalizing online gambling.  Casino reviews reports that the state of Nevada is already doing so – a move that has drawn top online casinos.  Therefore, Malloy concludes, Connecticut must take charge and press forward to legalize online gambling in a way that best benefits the local economy.


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