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Connecticut Issues Cease-and-Desist Order to Firms Over Illegal Betting

Connecticut Issues Cease-and-Desist Order to Firms Over Illegal Betting

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by Zainab Kamara

2 hours ago


Connecticut has taken a firm stance against unregulated online gambling by issuing a cease-and-desist order to Robinhood, Kalshi, and Crypto.com. The state's Department of Consumer Protection has accused these platforms of facilitating unauthorized sports betting through online event contracts, raising significant legal concerns, as stated in the official source.

Connecticut Department of Consumer Protection Takes Action

The Connecticut Department of Consumer Protection revealed that the accused platforms provided event contracts to users, which the state interprets as a form of online gambling that requires proper licensing. Commissioner Bryan Cafferelli emphasized that these companies not only violated state regulations but also allowed individuals under the age of 21 to place bets, further exacerbating the issue.

Commitment to Consumer Protection

This enforcement action highlights Connecticut's dedication to upholding gambling laws and ensuring consumer protection. By targeting these platforms, the state aims to maintain a safe and regulated environment for all participants in the gambling sector.

While Connecticut cracks down on unregulated online gambling, recent studies highlight how casinos manipulate player perception through psychological tactics. For more on this issue, see the illusion of winning.

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