Records tumbled across online gambling in Connecticut in October as the state legalized sports, casino games and more for a year.
Sports betting trades surpassed $160 million for the first time as football season kicked off with a perfect October combination – five college football Saturdays, five NFL Sundays and five Monday Night Football games. That plus baseball playoffs and the start of the NHL and NBA seasons means the last month has been bouncing in sports betting across the country, and Connecticut has been no exception.
As for iGaming options such as online roulette, slots, as well as blackjack, poker and other card games, Connecticut hit the $1 billion mark in bets accepted in October.
Here’s a closer look at a month of record numbers in the constitutional state.
October sports betting in Connecticut
According to the Connecticut Department of Consumer Protection, total sports betting for the month in Connecticut was $164,170,106, up 25.8% from September’s $130.55 million.
The October handle, or total dollar stake, surpassed the previous state mark of $158.1 million set in January 2022.
Mobile betting numbers are dominating Connecticut, as they do in every state that offers regulated, legal options at the best online casino sites, whether people are using cell phones, laptops, or desktops. Last month’s mobile sports betting handle was $153,313,141, a jump of 26.1% month-on-month compared to September’s $121.59 million. This also set a record that, like the mark for overall handling, had stood since January ($149.35 million).
Retail sports betting in the state was $10,856,965, up 21.1% from September’s $8.96 million.
The only downside was that total taxable gaming revenue saw a slight decline, falling 2.3% to $12,628,897 from $12.93 million in September. Of that, $11.48 million in revenue came from online sports betting in Connecticut. The state tax share fell the same percentage from $1.78 million in the previous month to $1,736,473 in October.
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Connecticut Sportsbook, October vs. September
Connecticut online casino records fall
Since the state’s launch in October 2021, players have become more and more comfortable playing online slots, card games and the like.
That’s according to the October online casino handle, which totaled $975,761,275. That was a 3.4% increase from September revenue of $943.5 million, a record that lasted just one month.
Compare that to Connecticut iGaming’s first full month, November 2021, when the price was $691.28 million. That’s an enviable amount of growth in one year.
Total online casino taxable gaming revenue for October was $21,884,070. That was a 15.3% increase from nearly $19 million in September’s Connecticut Casino Revenue report.
Revenue earmarked for the Treasury for October was $3,939,838, up 13.7% from $3.4 million in the previous month.
Connecticut is one of six states where online gambling is legal alongside sports and the lottery. The other five states are West Virginia, Michigan, Pennsylvania, New Jersey and Delaware.
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