Lottery Revenue Outpaces State’s Share from Slots in Connecticut

For the first time in 15 years, the state of Connecticut is getting more money from its lottery than it does from slot machines. 

The Connecticut Lottery contributed $16 million more to the state’s coffers than slot machines at Mohegan Sun and Foxwoods combined in the last fiscal year. Gian-Carl Casa is a spokesperson with the state office of policy and management. 

“We’ve seen these slot machine proceeds drop steadily since 2007, just before the recession hit, so it doesn’t surprise us to see those numbers going down,” Casa said.

Connecticut Lottery officials credit increased sales of multi-state games such as Powerball and instant tickets for the up tick in business. Any connection between lottery and casino revenue could be of interest to officials in Massachusetts, which is adding casinos in the next few years.  State Treasurer Steven Grossman says he expects the lottery to take some kind of hit.
“Anybody who comes up with a number as to what percentage our profits will drop by, I think, is pretty much making a wild guess. Other states have had casinos and they’ve seen a drop, but we’re a large lottery, a successful lottery,” Grossman said. 
The Massachusetts Lottery is coming off two years of record profits. In the most recent fiscal year, it made over $950 million for the state.