Connecticut’s internet casino revenue hit a record-breaking $46 million in the month of May, signaling a surge in popularity for online gambling in the state. The Connecticut Department of Consumer Protection released the numbers on Tuesday, revealing a substantial increase from the previous month’s revenue of $35 million.
The growth in online casino revenue can be attributed to a number of factors, including the continued closure of physical casinos due to the ongoing COVID-19 pandemic. With brick-and-mortar casinos operating at limited capacity or temporarily shut down, many gamblers have turned to online platforms to get their fix.
Additionally, the convenience of online gambling has made it an attractive option for players who prefer to enjoy their favorite casino games from the comfort of their own homes. The ability to access a wide range of games, including slots, blackjack, and poker, with just a few clicks of a button has made online casinos a popular choice for many Connecticut residents.
The state’s two tribal casinos, Mohegan Sun and Foxwoods Resort Casino, have also played a significant role in driving up online casino revenue. Both casinos offer online platforms that allow players to access their favorite games from anywhere in the state, further expanding their reach and contributing to the overall growth of the industry.
In a statement, Mohegan Sun’s CEO, Jeff Hamilton, expressed his excitement about the record-breaking revenue numbers, stating, “We are thrilled to see such strong growth in our online casino revenue. This is a testament to the hard work and dedication of our team, as well as the loyalty of our players. We look forward to continuing to provide a world-class gaming experience for our customers.”
While the surge in online casino revenue is undoubtedly good news for Connecticut’s gaming industry, some experts are urging caution. Concerns about the potential negative impact of increased online gambling on vulnerable populations, such as problem gamblers and minors, have been raised. It will be important for regulators and industry stakeholders to continue to monitor and address these issues to ensure that online gambling remains a safe and responsible form of entertainment.
Despite these concerns, the record-breaking revenue numbers signal a bright future for Connecticut’s online gaming industry. As online casinos continue to grow in popularity, the state can expect to see even more impressive revenue numbers in the months and years to come.