The Connecticut Lottery Corp. is winding down its partnership with a company that operates its online and in-person sports betting, Rush Street Interactive, according to an announcement Monday.
Connecticut Lottery said it is looking for a new operator and plans to issue an RFP in the coming days.
In 2021, Connecticut Lottery reached an agreement with Chicago-based Rush Street to serve as its exclusive provider for online gambling, including operating the lottery’s online sportsbook.
Under the 10-year deal, Rush Street guaranteed a $170 million minimum revenue share from online and retail sports betting for the Connecticut Lottery.
A spokesman for the Connecticut Lottery declined to comment on why the partnership is ending.
Sports betting has been legal in Connecticut since 2017, and went live In 2021.
Rush Street will continue to operate the state’s sports betting until a replacement is found, and bettors can continue wagering without interruption, the announcement says.
“We are proud of what we have accomplished together in Connecticut and have enjoyed the relationships that we have built with the players,” said Richard Schwartz, CEO of Rush Street. “Consistent with our long-term strategic goals, after much deliberation and discussions with the CLC, we believe it is in the best interest of RSI and our stockholders to wind down this partnership.”
Players on PlaySugarHouse.com or at any of the nine Connecticut retail locations can expect their wagers to remain valid and all wins will be paid out, according to the announcement.
