Connecticut Sets State Records For Sports Betting And iGaming Handle

Records fell all over the place in Connecticut online gambling in October as the state marked one year of betting legally on sports, casino games and more.

The sports betting handle surpassed $160 million for the first time as football season rolled on 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 NHL and NBA seasons means that last month was hopping at sportsbooks all over the country and Connecticut was no exception.

As for iGaming options such as online roulette, slot machines, plus blackjack, poker and other card games, Connecticut closed in on the $1 billion barrier in bets accepted during October.

Here is a closer look at a month of record numbers in the Constitution State.

The total sports betting handle for the month in Connecticut was $164,170,106, up 25.8% from September’s $130.55 million, according to the Connecticut Department of Consumer Protection.

October’s handle, or total dollars bet, surpassed the previous state mark of $158.1 million, set in January 2022.

The mobile betting numbers dominate Connecticut as they do in every state that has regulated, legal options available at the best online casino sites, whether people use mobiles, laptops or desktops. Last month’s mobile sports betting handle was $153,313,141, a 26.1% leap in a month-over-month comparison with September’s $121.59 million. That also set a record which, like the mark for total handle, had stood since January ($149.35 million).

The retail sports betting handle in the state was $10,856,965, a 21.1% increase from September’s $8.96 million.

The only downside was that the total taxable gaming revenue took a slight dip, falling 2.3%, from $12.93 million in September to $12,628,897. Of that total, $11.48 million in revenue came from online Connecticut sportsbooks. The state tax share fell by the same percentage, from $1.78 million the previous month to $1,736,473 in October.

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Since the state’s market launched in October 2021, players have become increasingly comfortable gambling on online slots, card games and the like.

That’s clear in the October online casino handle, which was $975,761,275 combined. That was a 3.4% boost from the September revenue of $943.5 million, which was a record that lasted for only a month.

Compare that to the first full month of Connecticut iGaming, November 2021, when handle was $691.28 million. That’s an enviable amount of growth in one year.

October’s online casino total taxable gaming revenue was $21,884,070. That was up 15.3% from nearly $19 million in the September Connecticut casino revenue report.

October’s revenue share earmarked for state coffers was $3,939,838, a 13.7% spike from $3.4 million the previous month.

Connecticut is one of six states where online gambling is legal for pursuits aside from sports and lottery. The other five states are West Virginia, Michigan, Pennsylvania, New Jersey and Delaware.

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