Market Monitor: Connecticut October 2022 Market Monitor: Connecticut October 2022

The Connecticut online casino market hit an all-time high in October 2022, with licensed operators reporting a combined $21.9 million, the Connecticut State Department of Consumer Protection has reported. It just exceeded the record of $19.0 million set last month.

The two major licensed operators — DraftKings, licensed through the Mashantucket Pequots tribe, and FanDuel, via Mohegan Digital — set all-time highs.

DraftKings Casino generated $12.6 million to take a 57% market share, and FanDuel Casino reported $9.3 million (43%). In handle, DK reported just shy of $590 million, while FD reported $384 million — each reported a hold of approximately 2%.

There are also two tribes licensed for mobile casino gaming on-reservation: Mohegan and MPTN. The former reported just $14k revenue on more than $1.1 million in handle for a hold of barely 1%, while the latter posted a $3.2k loss on handle of $862k.

CT Casinos: Online Partners, Game Types, and Launch Dates

Online Partner CT License Holder Game Types Launch Date
DraftKings Mashantucket Pequots Casino games, Sports Betting October 2021
FanDuel Mohegan Digital Casino games, Sports Betting October 2021
MPTN On-Reservation The Mashantucket (Western) Pequot Tribal Nation Casino Games December 2021
SugarHouse CT Lottery Corp Sports betting October, 2021
Mohegan Tribe On-Reservation Mohegan Tribe On-Reservation Casino Games May 2022