Gambling

No matter whether the winner chooses to take their windfall as a lump sum or an annuity, Uncle Sam gets a big chunk of it right off the bat.

Since the jackpot was last won in early June, there have been 38 drawings with no grand prize winner.

Online gaming and sports betting are just two weeks away and while that’s exciting for some, for others like problem gamblers, it creates a sense of dread. That’s why the state is rolling out some new problem gambling tools. “On Oct. 7, everyone’s going to have a casino in their house,” Diana Goode, executive director of the CT Council...

The state has launched a website to allow people to self-exclude themselves from marketing and any of the new apps that will offer online gaming and sports betting here in Connecticut.

While the windfall would be a life-changing bonanza, a good portion of it will go to taxes.

Winners of big jackpots face a few important decisions that should be handled before heading to lottery headquarters to claim their windfall.

As the number of states offering legalized sports betting continues to rise, so does the number of people who say they plan to bet on football games.

Mike Hydeck speaks with James Gessner, Chairman of the Mohegan Tribal Council, about the anticipated start of sports betting and online gaming in Connecticut next month.

More Americans than ever will place a wager on the NFL this season, which comes as the league embraces the spread of legalized sports betting across the U.S.

Some people think Connecticut took a major gamble when the state approved online gaming and sports betting earlier this year. But now the pressure is on and the countdown clock is ticking.

Sportradar has extended its deal to supply FanDuel with official data from pro leagues, including the National Basketball Association and Major League Baseball.

The CT Lottery has chosen Rush Street Interactive to operate its online sports betting operation.

The Connecticut Lottery took its first step today toward competing with two tribal casinos for residents looking to place a wager on a sporting event.

DraftKings will acquire Golden Nugget Online in an all-stock deal worth $1.56 billion.

Penn National’s purchase of Toronto-based media company Score Media and Gaming allows the company to grows its presence across North America.

DraftKings will receive exclusive sportsbook data from Genius Sports and access to its live feeds to help establish betting lines.

Real estate investment trust Vici Properties agreed to buy MGM Growth Properties in a $17 billion deal that will boost its position on the Las Vegas Strip.

Between the Powerball and Mega Millions jackpots that have been claimed so far this year, winners have paid more than $500 million in federal taxes.

While casino gambling is illegal in Texas, poker rooms have found a way to operate that they say is entirely legal — several are open in North Texas with more on the way.

It’s possible that Connecticut residents may be able to place a bet on their phones by Labor Day, but not everyone is happy about it. At least a handful of lawmakers had concerns about the legislation.  “It creates the potential for increased addiction,” Sen. Tony Hwang, R-Fairfield, said. Hwang voted against the legislation because it could increase the potential...