ROCKY HILL, CT — Rush Street Interactive and the Connecticut Lottery Corporation Monday announced the joint plan to wind down their online and in-person sports betting partnership in Connecticut.
The CT Lottery will begin the process of pursing a new operator through a request for proposals in the coming days and RSI will continue to operate online and in-person sports betting in Connecticut on behalf of the Lottery until a replacement is selected, officials said.
The transition is expected to be finalized during the second half of 2023, officials said.
Players on the PlaySugarHouse.com online platform or at any of the nine Connecticut retail locations can be “confident” that any wagers placed will continue to be valid and all wins will continue to be paid out appropriately. RSI is continuing to work closely with the CT Lottery to “minimize any potential disruptions” to players or business partners as the operation is wound down.
Gregory Smith, President of the CLC, commented, “We thank RSI for working closely with CLC to establish the foundation for CLC’s sports betting operation, both online and in retail.”
Richard Schwartz, CEO of RSI, said, “We thank the CLC for their partnership over the last two years. We are proud of what we have accomplished together in Connecticut and have enjoyed the relationships that we have built with the players. 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.”
Schwartz continued, “As is consistent with nearly everything we do at RSI, both RSI and the CLC remain committed to putting our players first. Through the transition we plan to continue to support all player wagers and ensure a positive player experience and expect the changeover will have an immaterial impact on our guidance for 2023. ”
PlaySugarHouse.com and the Connecticut retail sports betting location will continue to operate as normal until a replacement operator is found, at which point operations will be transitioned to the new operator, officials said.