Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

December 2, 2021

CT took in $1.7M from legalized gambling, betting in Oct.

Photo | Contributed The DraftKings sportsbook at Foxwoods Resort Casino.
By Zachary Vasile

Connecticut collected roughly $1.7 million during the first month of legalized online gambling and sports betting, Gov. Ned Lamont announced Wednesday.

Between the Oct. 12 “soft launch” of online gaming and Oct. 31, the state collected approximately $513,000 from sports wagering — which opened separately on Oct. 25 — and $1.2 million from online casino gaming. The proceeds will be deposited into Connecticut’s general fund.

“This first revenue collection for our state reinforces the process and approach by my administration when it came to ensuring our sports betting and iCasino platforms worked seamlessly for consumers,” Lamont said in a statement. “We worked tirelessly with our casino and state partners to ensure Connecticut consumers would have positive user experiences across platforms and that is exactly what these results illustrate. We’re off to a great start with this new gaming marketplace and we’re looking forward to years of success.”

Operators pay the state 13.75% of their gross gaming revenue for sports wagering and 18% of their gross gaming revenue for online casino games. The rate on online gaming will eventually rise to 20% in 2026.

The state does not collect payments on sports wagers placed on tribal lands.

Sign up for Enews

Most Recent

Most Recent

0 Comments

Order a PDF