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Thu Dec 2, 2021, 12:42 PM

A Month of Online Gambling Has Netted Connecticut $1.7M in Revenue

Less than a month of newly-legalized sports betting and online gambling in Connecticut generated more than $1.7 million in revenue for the stateís coffers, Gov. Ned Lamont announced this week.

From the soft launch in mid-October through the end of that month, the state recorded about $513,000 in sports betting revenue and $1.2 million from online gambling, all bound for Connecticutís General Fund.

The number offers the first glimpse of state proceeds from a deal negotiated this year between the Lamont administration and the two federally-recognized tribes that operate casinos in Connecticut, which cleared the way for legalized sports wagering and online casino games.

In a press release, Lamont said the early revenues validated his administrationís efforts to ensure seamless consumer access to the new forms of gambling.

Read more: https://ctnewsjunkie.com/2021/12/02/a-month-of-online-gambling-has-netted-connecticut-1-7m-in-revenue/

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