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Connecticut posts record gambling figures in October 2023

| By Richard Mulligan
Connecticut registered record online gaming and sports betting figures during October 2023.

The latest monthly revenue report from the Connecticut State Department for Consumer Protection showed that online gambling operators generated total revenues of $46.2m. This figure was up 34.7% year-on-year and 5.2% compared to the previous month.

Online casino gaming win totalled $31.1m for October, an increase of 2.6% against the $30.3m reported in the previous month. Meanwhile, total wagers came to $1.14bn, which was slightly up on the $1.12bn reported in September.

Connecticut’s online gaming market leader remains DraftKings and its Mashantucket Pequot tribe partner which generated $18.7m in revenue from $688.3m in wagers. FanDuel and Mohegan Sun followed with $12.3m in revenue from $458.8m in wagers.

FanDuel, Mohegan are sports betting leaders in Connecticut

Sports betting operators in Connecticut reported $189.6m in wagers during October, which was up 15.5% year-on-year. Some $177.1m or 93.7% of that total came from online sportsbooks, with the remainder from retail.

FanDuel and Mohegan were the market leaders with revenue of $7.6m. DraftKings and Mashantucket posted $6.3m.

Connecticut’s sportsbooks generated a record $16.3m in revenues during October, which was up 29.3% year-on-year. Online sports betting revenues came to just over $15.0m, another state record.

Sports betting generated $2.2m in state taxes, the highest total recorded since Connecticut sports betting launched in October 2021.

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