![]() ![]() ![]() In addition to generating revenue, digital gambling helps promote the Uncasville casino, entertainment, hotels and restaurants, Pineault said. “We’ve learned some things about the marketing program, how to utilize bricks and mortar and online.” “We’re very pleased with the results we saw in year one,” he said. Ray Pineault, chief executive officer of Mohegan Sun, said the roll-out of expanded gambling has been a success. Revenue from online gambling and sports betting has helped make it possible for Foxwoods to reinvest in its Mashantucket site, including plans for an $85 million casino, Butler said. “Being online smooths out the bumps,” Butler said. Patron winnings accounted for more than 94% of bets.įollowing a difficult few years brought on by the COVID-19 pandemic that shut the two casinos and limited reopening, revenue from online gambling has made a difference. Underlying casino and state government money-making were online wagers of $7.9 billion and $1.1 billion in sports betting in the 11 months between October 2021 and August. Estimates show annual revenue nearly doubling to $52.9 million by 2026. Officials are optimistic about future tax revenue, which is based on bets placed online and at the casinos and Connecticut Lottery Corp.
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