The state of Connecticut has collected around $1.7m during its first month of legalized online gaming and sports wagering, according to the state governor Ned Lamont.
Launched on October 12, and through to October 31, Connecticut collected approximately $513,000 from sports wagers and $1.2m from online casino gaming, with the funds deposited into the state’s general fund.
Lamont commented: “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.
“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.”
The payments and other related data have been published on the Connecticut Department of Consumer Protection’s website. The payment due to the state is 13.75% of gross gaming revenue for sports wagering, and 18% for online casino gaming until 2026 when it will increase to 20%. The state does not collect payments on sports wagers placed on tribal lands.
The statewide launch of sports betting and igaming followed the completion of a successful seven-day soft launch that began on October 12, 2021.
Rodney Butler, Chairman of Mashantucket Pequot Tribal, which operates in the state with DraftKings, added: “We’re encouraged by the early results showing a clear enthusiasm and interest in online sports betting and gaming in Connecticut.
“We’re proud to deliver new gaming experiences with DraftKings that also drive valuable revenue to the state. The engagement sets a promising benchmark and we expect the momentum to only build as more consumers get in on the action, and the NFL season peaks over the coming months.”