Prediction Markets
Connecticut Orders Nine Prediction Markets to Stop Sports Bets
The state also served nearly 30 subpoenas as it widened a crackdown on unlicensed wagering.
September 11, 2026
The state also served nearly 30 subpoenas as it widened a crackdown on unlicensed wagering.
State officials say the company’s event contracts amount to betting and cannot be offered without authorization
Five sportsbook operators have already launched, and four more are to come, in the now-largest state with legal sports betting in the US.
Operator revenue is predicted to exceed $100 million by year three.