Sportsbooks in Connecticut achieved record-breaking numbers for the second straight month in October. The state’s Department of Consumer Protection reported a handle of $229.5 million, exceeding September’s previous record by 7% and showing a 20.5% increase from the previous year. However, an increase in betting handle does not directly translate to great revenue. A higher […]
Tag: Connecticut sports betting
Connecticut Sportsbooks Enjoy Boost in Betting Numbers
Connecticut sportsbooks are enjoying the boost on sports betting activity in August. This is mostly due to baseball season heating up. Plus of course Olympics betting and some pre-season football action. The total handle for August grew by 6% compared to July, reaching $129.2 million. Connecticut’s sports betting operators generated $13.66 million in revenue from […]
Connecticut Sportsbooks Maintain Handle in July
In the latest sports betting news, Connecticut sportsbooks maintain the same handle from the previous month. However, sportsbooks take home more revenue for July. When becoming a bookie, keeping track of your handle and revenue will be something you need to do on a regular basis, to get an idea of how your business is […]
Connecticut Sports Betting is One Step Closer to Happening
Getting sports betting legalized in Connecticut was always a long shot. At least, based on how the state legislative bodies keep going back and forth with the terms of such a bill. Another point of contention is policy by the state versus tribal gambling operations. But after Governor Ned Lamont released his two-year budget plan, […]