Connecticut sportsbooks reported a sports betting handle of $91.2 million for the month of August, a figure that remains largely unchanged from the prior two months. Revenue, however, was down to $8.9 million.
Connecticut sportsbooks saw revenue dip in August while sports betting handle remained largely unchanged month over month. FanDuel re-emerged as the top online sportsbook with DraftKings just behind in second place.states, July is one of the worst months for action, while August sees an uptick for the upcoming football season. But that was not the case in Connecticut as last month’s numbers did not improve.reported an August handle of $91.2 million.
The state’s brick-and-mortar betting market improved from July’s all-time low of $5.9 million in wagers, but August’s $6.4 million is now the state’s second-worst reported handle on the retail side. To make matters worse, bettors improved on their luck in August, which hurt sportsbook revenue and, as an extension, the state's tax bill. Connecticut’s sportsbooks, both online and retail, announced roughly $8.9 million in unadjusted revenue, well short of July’s $10.3 million. A hold of 9.7%.
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