For years, East Coast gaming really only consisted of two places, Atlantic City and the tribal casinos in Connecticut. At one point, Foxwoods Casino Resort was the largest casino in the world. It is still one of the biggest casinos you can find, with over 340,000 square feet of gaming space. The wonder of it all is that this is just one of two extremely popular casinos in Connecticut.
The state’s other casino, Mohegan Sun, has plenty of gaming to choose from as well. During the fiscal year 2019/2020, the two casinos generated over $760 million in revenue, a chunk of which goes to the Connecticut general fund.
The two tribal casinos from the Mashantucket Pequot and Mohegan tribes generate the bulk of gambling revenue, but Connecticut offers other types of gambling as well, including charitable gaming, the lottery, and horse racing.
There may be new revenue streams in the Constitution State in 2021 as well. The tribes and Gov. Ned Lamont reached new compact agreements with both tribes. Lamont later signed off on legislation to legalize online sportsbooks and online casinos to the state, as well as online poker and iLottery. All that’s left is for the federal government to approve the compacts.
PlayCT has all the updates on that legislation and all the other gaming developments in Connecticut, so check back in for all the latest.