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CT Lottery all-in on sports betting in state

Jan 17, 2019, 8:13 pm

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Connecticut LotteryConnecticut Lottery: CT Lottery all-in on sports betting in stateRating:

The Connecticut Lottery is making a big push to include sports betting across the state.

Sports betting is a top priority for this year's General Assembly session and Governor Lamont is on board with the concept.

One year after a big blunder with a special New Year's super draw game in 2018, which has been attributed to human error, the new president and CEO of the Connecticut Lottery is touting that last budget year, the lottery games made $345 million for the state and gave out about $800 million in prizes.

They plan to roll out lottery vending machines at 200 retail locations in February that will allow players to buy all of the lottery games. In all, there are about 2,900 lottery retailers.

The lottery board of directors met on Thursday and the issue of sports betting was high on the agenda. New lottery chief Gregg Smith said there is one big compelling reason why the lottery should have sports betting.

He stated, "As sports betting operator, the lottery will be able to deliver four to five times the revenue per dollar to the state than any other sports betting operation."

Smith said the 16 Off Track Betting facilities and the two casinos should also offer sports betting, but that the lottery won't take a cut. He added, "We are designed to return all of our proceeds to the state, not a simple percentage or tax on net revenue."

Smith stated that they won't offer sports betting at all 2,900 retailers, just enough to have convenient access to all parts of the state. He added, "We've established already for the lottery a statewide gaming system and we'll be able to scale it and also operate a first class online gaming system."

WTNH

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7 comments. Last comment 2 years ago by helpmewinchris.
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music*'s avatar - DiscoBallGlowing
USN United States Navy
Fresno, California
United States
Member #157851
August 2, 2014
3959 Posts
Offline

I wish Connecticut Lottery all the future success that they earn and deserve.Hyper

 "We are all in this together!" 

    Xinyuhuang's avatar - Lottery-012.jpg
    NY 11355
    United States
    Member #191858
    August 25, 2018
    31 Posts
    Offline

    This is a wonderful start Drum

      TheMeatman2005's avatar - lightening
      Brooklyn, NY
      United States
      Member #169719
      October 29, 2015
      1490 Posts
      Offline

      Before the US government made online casino gambling illegal back in 2001, I used to play and win with blackjack. I'm not a sports bettor.

      I'm waiting for them to bring that back again in NY.

      The Meatman 🥩🍗🍔🍖🍤🌭

      “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

      Winning happens in a flash, Like A Bolt Of Lightning!  Patriot

        RedStang's avatar - laughing chimp.gif
        NY
        United States
        Member #121957
        January 21, 2012
        3169 Posts
        Offline

        I was wondering why they got rid of all their machines.

          Avatar
          Simpsonville
          United States
          Member #163184
          January 22, 2015
          2258 Posts
          Offline

          I was wondering why they got rid of all their machines.

          Maybe I missed it, but I read they're rolling out 200 lottery machines.  If they change vendors, then new machines would come out.

            RedStang's avatar - laughing chimp.gif
            NY
            United States
            Member #121957
            January 21, 2012
            3169 Posts
            Offline

            Meant their scratch off machines that are being replaced.

              Avatar
              New Member
              Northville, MI
              United States
              Member #193469
              October 31, 2018
              2 Posts
              Offline

              The problem here is if pricing is not competitive such as normal -110 vig then the sports gambling stays underground and the winfall these states expect will not come to fruition.