Key Takeaways
- Connecticut’s online casino market posts impressive results.
- August revenue reaches $25M, up 41% YoY.
- DraftKings secures a 55% market share with $14.8M in revenue.
- FanDuel generates $11.1M, representing the remaining 45%.
- On-reservation tribal casinos maintain steady but limited revenue.
The CT online casino market continues its upward trajectory. Licensed operators reported a combined $25 million in revenue in August, the Department of Consumer Protection reported, up on July and representing 41% growth on the same month a year ago. This is broadly in line with the growth enjoyed all year.
There was no change in the makeup of the market. DraftKings sits on top, reporting $14.8 million in revenue last month for a 55% market share. FanDuel, at $11.1 million, sweeps up the remaining 45%.
The two tribes authorized for on-reservation gambling continue to report nominal revenue.
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 | Oct-21 |
| FanDuel | Mohegan Digital | Casino games, Sports Betting | Oct-21 |
| MPTN On-Reservation | The Mashantucket (Western) Pequot Tribal Nation | Casino Games | Dec-21 |
| SugarHouse | CT Lottery Corp | Sports betting | Oct-21 |
| Mohegan Tribe On-Reservation | Mohegan Tribe On-Reservation | Casino Games | May-22 |
