Connecticut online gaming revenue reaches $18.8m in January

| By Daniel O'Boyle
Online gaming in Connecticut generated net gaming revenue of $18.8m in January, 15.6% higher than the net revenue recorded in December 2021.
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This revenue was after promotions, which came to $3.6m. Before promotions the total was $22.4m.

Out of the $18.8m in revenue, the Mashantucket Pequot Tribe brought in $11.1m and the Mohegan Tribe the remaining $7.7m.

Players staked $780.0m on online gaming, a fall of 4.2% from December.

The Mashantucket Pequot Tribe’s Foxwoods Resort Casino saw the most staked, at $502.5m – a decline of 4% month-on-month. Customers staked the second highest amount with Mohegan Digital hitting $277m. Mobile-on-premise stakes at the Mashantucket Pequot Tribe’s Foxwoods Resort Casino – mobile gaming that took place at the casino itself – made up the remaining $440,460.

Player winnings topped $757.3m, down 4.6% month-on-month, with the highest amount – $488.6m – coming from Mashantucket Pequot Tribe’s Foxwoods Resort Casino.

Aa total of $3.3m was paid to the state in January from this online casino gaming revenue. This was up 15.2% from December 2021.

Mohegan Digital contributed $1.3m to the total, while Foxwoods paid $2.0m.

Online sports betting GGR came to $7.4m, a rise of 17.6% from December, while online wagering was recorded at $149.3m.

This resulted in a payment of $1.0m being made to the state, 60.8% more than in December. Mashantucket Pequot Tribe’s Foxwoods Resort Casino generated $635,480 of this, while Mohegan Digital added $333,522 to the total. The Connecticut Lottery Corporation made up the remaining $60,020.

Retail sports wagering came to $8.7m, 34.3% higher than December. Winnings rose 29.6% month-on-month to $7.8m. As a result, overall retail sports betting GGR was $825,369.

Retail sports wagering contributed a payment of $113,488, all of which came from the Lottery Corporation’s Rush Street Interactive sportsbook. This was more than double that of December’s payment, which came to $54,457.

Connecticut’s online gaming and sports betting market opened in October, with a seven-day soft launch that began on 12 October. It then launched fully on 19 October.

The Mohegan Tribe, the Mashantucket Pequot Tribe and the Connecticut Lottery Corporation are the only groups allowed to operate sports betting in the state of Connecticut.