Connecticut Study Reveals Emerging Gambling Market Trends

Connecticut recently released a comprehensive study revealing intriguing insights into the state’s gambling landscape. The research, conducted by Gemini Research and led by University of Massachusetts professor Rachel Volberg, indicates that only 10% of Connecticut residents engage in sports wagering or online games. However, betting trends revealed that the state faces familiar gambling addiction issues.

State Authorities Gained Valuable Data

The Connecticut Department of Mental Health and Addiction Services commissioned the study, investing $1.2 million to assess the socioeconomic impacts of legalized gambling, meeting a mandate from the General Assembly. The report, posted online without comment, is expected to serve as a valuable resource for policymakers and stakeholders in the gambling industry.

This study marks the first comprehensive gambling impact assessment since the legalization of sports betting and iGaming. Surprisingly, introducing regulated sports wagering had a relatively modest impact on wagering behaviors. Data indicates that 8.2% of residents were already betting on sports in 2009 when sports betting was illegal, emphasizing that the activity was prevalent even before legalization.

The legal availability of gambling is only partly responsible for the current rate of problem gambling, as people with gambling problems existed to some extent prior to legal provision.

Gemini Research study on Connecticut legalized gambling

According to the study, problem gambling rates in Connecticut, standing at 1.8%, align with the national average. The report notes that problem gamblers are individuals with impaired control over their gambling, leading to significant negative consequences for themselves or others. At-risk gamblers, comprising 4.9%, display symptoms similar to problem gamblers or engage in high-stakes gambling.

Observed Trends Can Aid Player Protection Efforts

Although constituting less than 2% of the population, problem gamblers are responsible for a staggering 51% of sports betting revenue and contribute significantly to overall legalized gambling revenue in the state. The report suggests that nearly 71% of all legal gambling revenue derives from the approximately 7% of residents categorized as problem or at-risk gamblers.

The study also sheds light on the effectiveness of Connecticut’s preventive measures and treatment programs for problem gambling. While treatment programs are deemed sufficient to meet demand, the report suggests additional outreach efforts to overcome detrimental factors like stigma and lack of awareness that deter individuals from seeking timely help.

Problem gambling treatment and prevention in Connecticut has been quite proactive and provides a good model for the rest of the country.

Gemini Research study on Connecticut legalized gambling

Connecticut’s gambling market has witnessed significant changes, with the saturation of regional casinos and the advent of online gambling. As the state navigates this evolving landscape, the study’s findings will likely play a crucial role in shaping future policies and initiatives related to legalized gambling and tackling emerging issues.