Connecticut Retail Sports Betting Revenue and Tax Payments, 2021 Onward

Monthly payments to the State of Connecticut from retail sports wagering operations that began on October 25, 2021. The data includes details on wagers, promotional deductions, and a 13.75% payment rate on Gross Gaming Revenue, with specific rules for different locations and time periods. It was last updated on March 22, 2026.

Use Cases

• Forecasting state tax revenue from gambling based on monthly payment data and the 13.75% rate on Gross Gaming Revenue.
• Analyzing the impact of promotional deduction caps (25%, 20%, 15%) over different fiscal years on operator profitability.
• Tracking the operational timeline and financial contributions of specific retail locations like the CLC – XL Center, which opened in September 2023.
• Modeling the effect of Federal Excise Tax (0.25% of Net Wagers) on overall operator costs.

Strengths

• Contains specific regulatory details and tax rates, such as the 13.75% payment rate and 0.25% Federal Excise Tax.
• Defines clear temporal rules for promotional deductions (25%, 20%, 15%) across defined fiscal periods.
• Documents the precise start date of retail operations (October 25, 2021) and for specific locations (CLC – XL Center in September 2023).

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• Row count is unknown, which may limit suitability assessment.

Provenance

Source

State of Connecticut

Collection Method

Likely administrative reporting from licensed gaming operators to the state.

Time Range

From October 2021 onward.

Freshness

Last updated 2026-03-22 03:05:48.135549; freshness should be verified.

Geography

State of Connecticut, United States.