{"id":263,"date":"2024-06-27T14:36:12","date_gmt":"2024-06-27T11:36:12","guid":{"rendered":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/"},"modified":"2024-06-27T14:36:12","modified_gmt":"2024-06-27T11:36:12","slug":"connecticut-online-gambling-revenue-surges-in-january","status":"publish","type":"post","link":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/","title":{"rendered":"Connecticut Online Gambling Revenue Surges in January"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/gi6x8cn8_Mg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The state of Connecticut&#8217;s digital gaming industry saw a significant increase in January, with online gambling generating a substantial $18.8 million in revenue, a considerable leap from the previous month.<\/p>\n<p>After accounting for promotional expenditures, which amounted to $3.6 million, the total revenue before these costs reached $22.4 million.<\/p>\n<p>The Mashantucket Pequot Tribe, the largest stakeholder in the industry, secured the largest portion of the revenue, claiming $11.1 million, while the Mohegan Tribe received the remaining $7.7 million.<\/p>\n<p>Online gambling saw a total of $780 million in wagers, a slight decrease from December.<\/p>\n<p>Foxwoods Resort Casino, under the ownership of the Mashantucket Pequot Tribe, recorded the highest wagering amount at $502.5 million, followed by Mohegan Digital at $277 million. Foxwoods also saw a small amount of mobile live wagering, which involves gambling directly at the casino, totaling $440,460.<\/p>\n<p>Players won a total of $757.3 million, also experiencing a minor decline from December, with Foxwoods again claiming the highest winnings at $488.6 million.<\/p>\n<p>The state government received a share of $3.3 million from the online casino gambling revenues in January, a notable increase from the previous month.<\/p>\n<p>Mohegan Digital contributed $1.3 million, while Foxwoods paid $2 million.<\/p>\n<p>Online sports betting also performed well, generating $7.4 million in profit, a 17% increase. <\/p>\n<p>During the twelfth month of the year, digital gambling income reached $149.3 million, signifying a 6% rise compared to the same time frame in the preceding year.<\/p>\n<p>This resulted in $1 million in payments for the state, representing a 60.8% surge from December. Of this sum, the Mashantucket Pequot Tribe&#8217;s Foxwoods Resort Casino contributed $635,480, while Mohegan Digital contributed $333,522. The Connecticut Lottery Corporation contributed the remaining $60,020.<\/p>\n<p>Physical sports betting income amounted to $8.7 million, a 34.3% increase from December.  Winnings saw a 29.6% month-to-month rise to $7.8 million.  Consequently, the total gross gaming revenue for physical sports betting was $825,369.<\/p>\n<p>Physical sports betting generated $113,488 in payments, all stemming from the Lottery Corporation&#8217;s Rush Street Interactive sports betting enterprise. This figure is more than double the $54,457 payment in December.<\/p>\n<p>Connecticut&#8217;s online gambling and sports betting marketplace commenced operations in October with a seven-day soft launch starting on the twelfth of October. The full launch ensued on the nineteenth of October.<\/p>\n<p>The Mohegan Tribe, Mashantucket Pequot Tribe, and the Connecticut Lottery Corporation are the sole entities permitted to conduct sports betting in Connecticut.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The state of Connecticut&#8217;s digital gaming industry saw a significant increase in January, with online gambling generating a substantial $18.8 million in revenue, a considerable leap from the previous month. After accounting for promotional expenditures, which amounted to $3.6 million, the total revenue before these costs reached $22.4 million. The Mashantucket Pequot Tribe, the largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CT Online Gambling Booms: $18.8 Million Revenue in January<\/title>\n<meta name=\"description\" content=\"Connecticut\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Connecticut Online Gambling Revenue Surges in January\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Connecticut\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Rush of Licensed Online Casino Gaming Today\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T11:36:12+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/\",\"name\":\"CT Online Gambling Booms: $18.8 Million Revenue in January\",\"isPartOf\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T11:36:12+00:00\",\"dateModified\":\"2024-06-27T11:36:12+00:00\",\"author\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Connecticut\",\"breadcrumb\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/27\/connecticut-online-gambling-revenue-surges-in-january\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Connecticut Online Gambling Revenue Surges in January\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\",\"name\":\"Experience the Rush of Licensed Online Casino Gaming Today\",\"description\":\"Experience the best of online gambling through our fresh casino news, in-depth game reviews, and informative insights. 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