Rush Street Interactive won the Connecticut lottery competitive bidding for sports betting in August 2021. At the time, the announcement was a major development for the relatively new interactive gaming firm.
Connecticut allows its two federally recognized tribes, the Mohegan Tribe and Mashantucket Pequot Tribal Nation — which respectively own and operate Mohegan Sun and Foxwoods — to operate online casino games and in-person and mobile sports betting. The only other qualified entity to run a legal sportsbook online and in person is the Connecticut Lottery Corp.
Though Connecticut is home to only about 3.6 million people, which ranks 29th among the 50 US states, the state’s average household income of about $80K ranks sixth. The financial earning power of the population is what rendered the CLC sports betting partnership so attractive to RSI.
Rush’s CLC offer outbid 15 other presentations. The lottery went with Rush because it provided the best value for the state, CLC officials said at the time.
Rush’s bid included a guaranteed minimum revenue share of $170 million during the life of the 10-year agreement.
Connecticut allows its two federally recognized tribes, the Mohegan Tribe and Mashantucket Pequot Tribal Nation — which respectively own and operate Mohegan Sun and Foxwoods — to operate online casino games and in-person and mobile sports betting. The only other qualified entity to run a legal sportsbook online and in person is the Connecticut Lottery Corp.
Though Connecticut is home to only about 3.6 million people, which ranks 29th among the 50 US states, the state’s average household income of about $80K ranks sixth. The financial earning power of the population is what rendered the CLC sports betting partnership so attractive to RSI.
Rush’s CLC offer outbid 15 other presentations. The lottery went with Rush because it provided the best value for the state, CLC officials said at the time.
Rush’s bid included a guaranteed minimum revenue share of $170 million during the life of the 10-year agreement.