Rush Street Interactive has signed a ‘10-year agreement, subject to regulatory approval’ with the Connecticut Lottery Corporation to act as its sports betting operations partner for the CLC’s soon-to-launch sports wagering business.
Under the terms of the partnership, RSI will serve as the CLC’s exclusive provider of a modern sports betting system for both digital and physical outlets as well as the operator of the CLC’s mobile/online sportsbook.
The deal is subject to RSI receiving a licence from the Connecticut Department of Consumer Protection but, if ratified, the CLC will have the right to open a statewide online sports betting operation and up to 15 retail sports betting shops.
“We are honoured to be selected by the CLC to bring sports betting to the state and people of Connecticut,” said Richard Schwartz, President of RSI.
“This partnership represents a significant milestone for RSI, as the trust and confidence of a state-backed organization such as the CLC further validates the strength of our award-winning online gaming platform and customer service.
“Building on our proven track record of success in the tri-state area, where RSI was an early entrant in New Jersey and is the market leader in retail sports betting amongst New York’s commercial casinos, we are thrilled to collaborate with the CLC team to offer Connecticuters safe, convenient, and unique gaming experiences.”
The CLC is one of three companies in the state which have the rights to operate sports betting, meaning the partnership gives RSI a strong position within the state’s market.
Greg Smith, CLC President & CEO, added: “We look forward to working with the team at Rush Street Interactive.
“We had 15 quality proposals from well-established gaming companies, and RSI rose to the top through the combination of its experience and commitment to quality products, customer service, and responsible gaming safeguards.
We’re excited about this partnership and know our players will be getting an excellent product and customer service.”