When possible, we like to highlight stories that showcase the success of online gambling. The truth is that there have been so many success stories recently that it isn’t always easy to keep up with them all. Online gaming is coming to more places than ever, and in the places where it already has a foothold, it’s becoming more popular than ever, too. Case in point: Connecticut.
The Foxwoods Resort Casino and the Mohegan Sun casino “each took in more than $69 million in online sports wagers in November, and the Connecticut Lottery Corp. took in another $16.3 million.” Compared to November of 2021, “Foxwoods’ $12 million in online gross gaming revenue was up 52% while Mohegan Sun’s $9.8 million was up 64.9%.”
Those are staggering numbers. Inflation may have come down in recent months, but inflation wasn’t nearly the same concern in November of 2021 as it is currently.
How Online Gaming Helps The Community
One of the best parts about online gaming, of course, is how it helps the community. On the subject of the two casinos as well as the lottery, “their combined gross gaming revenues came to $13.2 million, of which they paid 13.75%, or $1.8 million, to the state.”
Online gaming: good for gamblers, good for taxes, good for the community.