Connecticut Bookie Industry Reports Better Handle in January

In the latest gambling industry news, the Connecticut bookie industry reports a better sports betting handle in January. The total monthly sports betting handle for the state is at $158.1 million. This is 5.3% higher than December’s $150.1 million. Providers like SportsBettingSolutionAsia.com also report a similar increase in handle from their bookies.

Of course, those in the bookie pay per head industry believe that online sports betting gives bettors easier and better access to sports betting options. This, of course, continues to drive up the handle of most, if not all, sports betting markets across the country. In the case of Connecticut, mobile sports betting has a handle of $149.4 million. This is 4% higher than December’s $143.6 million.

Connecticut Bookie Industry

Retail sports betting is improving as well, as seen in our online sports and gambling news coverage. For Connecticut this January, retail betting is at $8.7 million, which is 34.4% higher than December’s $6.5 million. The increases that we are seeing in the state is at a good pace, considering its only been a few months since its launch.

Sports betting in Connecticut only started back in October 19. The state did run a soft launch a week earlier, in October 12. The state reports a continuous increase in sports betting handle, having started with a $54.6 million handle back in October. Now, at almost thrice the monthly handle as its maiden month, many experts assume that we will continue to see higher numbers for the state.

With the action that the recently concluded Super Bowl, plus the upcoming March Madness events, sportsbooks will definitely be getting busier. And if we add in the action from the NBA and the NHL, expect to see greater numbers for the Connecticut bookie industry.

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