Key points:
- Senator Blumenthal’s bill would introduce the state’s first federal funding for gambling addiction treatment and research
- The Gambling Addiction Recovery, Investment and Treatment Act would repurpose 50% of the revenue generated from taxes on sports betting for addiction research and treatment
Senator Richard Blumenthal has introduced the Gambling Addiction Recovery, Investment and Treatment Act in hopes of providing Connecticut’s first-ever federal funding for gambling addiction and treatment ahead of Super Bowl LIX on February 9.
The Senator introduced the bill on February 7 after the American Gaming Association (AGA) reported that legal sportsbooks are expected to generate over $1.3bn in wagers for the matchup between the Kansas City Chiefs and Philadelphia Eagles.
The bill would repurpose 50% of the revenue generated from the current tax placed upon sportsbooks conducting business in the state and dedicate the funds towards gambling addiction treatment and research.
Senator Blumenthal stated that despite the recent surge in sports betting activity, there has been no progression made by the federal government to properly counteract the possible effects of gambling addiction.
Good to know: Connecticut Representative Christopher Rosario introduced legislation on January 23 that would allow for in-flight sports betting
Connecticut has already reportedly set up funds to combat addiction with alcohol, tobacco and drugs, but has yet to pass legislation that would do the same for sports betting.
Senator Blumenthal will be joined by the Connecticut Council on Problem Gambling and Gambling Prevention Advocates on February 7 in an attempt to have his legislation passed by government officials.
