Connecticut Now The 18th State To Surpass $1B Lifetime Betting Handle

Connecticut Sportsbook

The Connecticut Department of Consumer Protection reported that $95.4 million was wagered on sports in June 2022. This betting total pushed the lifetime betting handle in Connecticut to $1.08 billion. Connecticut is now only the 18th state to surpass $1 billion in lifetime betting handle. … Read more

Bridgeport Sportsbook Delayed Due To CT Lottery Negotiations

Connecticut Sportsbook

The Connecticut Lottery is still working on negotiations for the location of a land-based sportsbook in Bridgeport, Connecticut. Andrew Walter, the director of the Connecticut Lottery, has been wanting and promising this sports betting location since January of 2022. BRIDGEPORT, Conn. – Residents and sports … Read more

Connecticut Sportsbooks See Revenue Drop In February

Connecticut Sportsbook

In February, Connecticut’s sportsbooks recorded their second-lowest sports betting handle ($115.6 million) and their lowest revenue figure ($5 million) since launching in October 2021. The Mashantucket Pequot Tribe generated $3.2 million of this revenue, outpacing the Mohegan Tribe ($1.1 million) and the Connecticut Lottery ($802,013) … Read more

Connecticut Breaks Sports Betting Handle Record In January

Connecticut Sports Betting

Connecticut’s sportsbooks have set a new record for monthly sports betting handle in January, bringing in over $158 million in sports bets on the month. DraftKings led the way with over $73.7 million in handle; FanDuel came in a close second with $61.69 million in … Read more

Super Bowl LVI To Shatter Sports Betting Records, AGA Says

Super Bowl Cash

According to a report released by the American Gaming Association, an estimated 31.4 million Americans will bet on Super Bowl LVI in some way. The report also predicts a $7.61 billion Super Bowl betting handle – a 78% increase from last year – with 55% … Read more

Legal Sports Betting Recap: 2021 At A Glance

sportsbooks2

Nine states launched their legal sports betting industry in 2021, nearly a third of all states that have legalized and regulated a sports betting industry in the United States. Several states witnessed a large increase in sports betting revenue, handle, hold rate, and tax contributions, … Read more

Connecticut Sportsbooks Handle $54 Million In First Half Month Reported

Connecticut Sports Betting

Connecticut sportsbooks handled $54 million in sports wagers, much of which came from online wagers. The first month of Connecticut sports betting was the fourth-highest first-month wagering handle in the industry. Connecticut sports betting generated over $4 million in sports betting revenue despite only operating … Read more

DraftKings Preps Kansas Mobile Sportsbook, Awaiting Regulation

DraftKings - Kansas

DraftKings has announced a mobile sports betting deal with Boot Hill Casino & Resort in Kansas to provide their sportsbook services once the industry becomes legal in Kansas. Kansas has not yet legalized or regulated the sports betting industry, with nearly 10 bills being introduced … Read more

DraftKings Sportsbook Opens First Retail Location In Connecticut

DraftKings - Connecticut

DraftKings officially launched their first retail sportsbook in the state of Connecticut, housed within the Foxwoods Resort Casino in Ledyard. The sportsbook is the fifth retail sportsbook available in Connecticut and the 12th that DraftKings has launched in the United States. LEDYARD, Conn. – DraftKings … Read more

Maryland May Issue Up To Five Sportsbook Licenses Thursday

Maryland Sports Betting

Maryland’s Sports Wagering Application Review Commission will review five retail sports betting license applications at a meeting on Thursday. Maryland legalized sports betting much earlier this year, but the state has struggled to launch with a complex licensing system and red-tape issues. ANNAPOLIS, Md. – … Read more