Rush Street Interactive named 3rd official partner of the Connecticut Lottery
The Connecticut Lottery has agreed to a partnership with Rush Street Interactive.
The Connecticut Lottery Corp. revealed on Thursday that Rush Street Interactive, operators of the BetRivers Sportsbook and SugarHouse Sportsbook, will become the state’s third and final sports betting platform. The agreement for Connecticut sports betting is for an initial ten years and includes $170 million in guaranteed minimum revenue share for the lottery from online and retail sports betting. Additionally, it will team up with Connecticut-based Sportech to provide sports wagering at 10 of the 15 retail sports betting locations authorized throughout the state.
Rush Street joins FanDuel sportsbook who have partnered with the Mohegan Sun Uncasville) and DraftKings sportsbook (Mashantucket Pequot) as the three online sports betting brands in the Constitution State.
Rob Simmelkjaer, chairman of the lottery’s board of directors, described Rush Street as a “respected sports betting and gaming company,” adding that the company has established itself as an “innovator in the industry.” Simmelkjaer also said they had been impressed with the work RSI has done in other jurisdictions, particularly New Jersey and New York, and also “Its commitment to responsible gambling practices.”
Gov. Ned Lamont signed Connecticut sports betting into law on May 27. This permitted the Mohegan Tribe and Mashantucket Pequot Tribe, and the Connecticut Lottery to expand Connecticut gambling, including sports betting and online gaming.
Sports wagering in the state could go live in the Fall. This is seen by many as an ambitious timeline promoted by other stakeholders and lawmakers. It is more realistic that sports betting launches in Connecticut by the end of this year or early 2022.
Sports betting rules have not been decided, and the two tribal gaming compacts already announced still have to be approved by the U.S. Department of the Interior. This decision could be made after the new NFL season gets underway on September 9.
Greg Smith, CLC president & CEO, said they are looking forward to working with Rush Street Interactive. Smith confirmed that they had “15 quality proposals from well-established gaming companies,” and RSI became the number one choice due to its experience and commitment to factors such as responsible gaming and customer service.
Sportech also Involved
The lottery has also teamed with Sportech to offer sports wagering at ten of Sportech’s current OTB locations.
Andrew Lindley, chief operating officer for Sportech, said that the company had been the exclusive licensee of Connecticut’s off-track betting system for over 25 years. Lindley said that they are “delighted to bring our established locations” and betting expertise and experience to support CLC in “delivering an exciting sports betting product.” Lindley added that the product would be delivered across their retail network and help promote the lottery’s online and mobile channel.
Rush Street Provides Experience
Richard Schwartz, president of RSI, said they “are honored to be selected by the CLC” to deliver sports wagering to the people of Connecticut. He added that the agreement “represents a significant milestone for RSI” and further “validates the strength of our award-winning online gaming platform.”
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