Sports Haven in New Haven Launches Today;
Bobby V’s in Stamford and Windsor Locks to also Launch in
Coming Days
Online Sportsbook Available Statewide Now at
www.PlaySugarHouse.com
The Connecticut Lottery Corporation, Rush Street Interactive
(NYSE: RSI) (“RSI”) and Sportech today announced the launch of
in-person sports betting at the first of 15 PlaySugarHouse retail
sportsbooks in Connecticut. Beginning today, players will be able
to place bets at Sports Haven in New Haven, CT. In the coming days,
the retail sportsbooks at Bobby V's Restaurant & Sports Bar
locations in Stamford, CT, and Windsor Locks, CT, will open and
begin accepting bets.
“This has been a long time coming for Connecticut players, and
we’re honored to be the only statewide retail operator,” said Greg
Smith, President and CEO, Connecticut Lottery Corporation.
“Together with our partners Rush Street Interactive and Sportech
Venues, we can offer bettors world-class, in-person sportsbooks at
accessible locations throughout the state and mobile sports betting
under the PlaySugarHouse brand.”
“We also want to acknowledge that this day would not have been
possible without the tireless and collaborative work on the part of
Governor Lamont, his staff, and our Legislative leaders,” said
Connecticut Lottery Corporation Board Chair Rob Simmelkjaer. “Their
efforts led to a deal that benefits all of Connecticut.”
The new PlaySugarHouse sportsbooks in New Haven, Stamford and
Windsor Locks offer a full suite of entertainment options,
including wall-to-wall TV monitors, odds boards, food and beverage
menus, and now the opportunity for fans to wager on their favorite
sports, leagues and players. Eligible bettors 21 and over will be
able to place a wide array of bets on various professional and
collegiate sports, including parlays, prop bets and in-game bets,
through self-service kiosks as well as staffed teller stations.
“We are thrilled to roll out the PlaySugarHouse retail
sportsbooks in the state of Connecticut alongside the Connecticut
Lottery and Sportech,” said Richard Schwartz, Chief Executive
Officer of RSI. “By combining the Connecticut Lottery’s brand
recognition and retail presence throughout Connecticut, Sportech’s
easy-to-access venues, and RSI’s market proven products and
services, we look forward to delivering convenient and exciting
sports betting options to PlaySugarHouse players across the
state.”
In addition to betting in-person, Connecticut players can now
bet online using RSI’s award-winning platform from their mobile
devices, tablets, desktop and laptop computers. The
CT.PlaySugarHouse.com online sportsbook includes thousands of
betting options, a broad selection of live streaming content,
unique bonusing and rewards programs, numerous deposit methods,
automated cash-out approvals, and user-friendly responsible gaming
tools, including deposit, spend and time limits.
The PlaySugarHouse retail sportsbooks will expand to seven
additional Sportech locations in Hartford, Manchester, Waterbury,
Torrington, New Britain, Milford, and Norwalk throughout the coming
weeks. The Connecticut Lottery and RSI are authorized to operate up
to 15 PlaySugarHouse retail sports wagering locations, most of
which will be within an approximately 30-minute drive for most
Connecticut residents.
“Today marks a historic day for sports betting fans in
Connecticut as the PlaySugarHouse sportsbook launches in New
Haven,” said Ted Taylor, President of Sportech Venues, Inc. “Our
Sportech team is delighted to be Connecticut Lottery’s and RSI’s
partner for delivering this exciting product here and in all our
other locations soon.”
To celebrate the launch of the official sportsbook of the
Connecticut Lottery, representatives from the Connecticut Lottery,
RSI and Sportech as well as several state and local officials and
other guests will gather today for a ribbon cutting ceremony at
Sports Haven at 2:00pm ET.
Forward-Looking Statements This press release includes
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. RSI's actual results may differ from their expectations,
estimates and projections and consequently, you should not rely on
these forward-looking statements as predictions of future events.
Words such as "expect," "estimate," "project," "budget,"
"forecast," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believes," "predicts," "potential," "continue," and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, RSI's expectations about the anticipated timing and
locations of launch of the retail operations, and the availability,
features and benefits of its operations in the state of
Connecticut. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from the expected results. Most of these factors
are outside RSI's control and are difficult to predict. Factors
that may cause such differences include, without limitation,
changes in applicable laws or regulations, unanticipated product or
service delays, and other risks and uncertainties indicated from
time to time in RSI's most recent Annual Report on Form 10-K,
including those under "Risk Factors" therein, and in RSI's other
filings with the SEC. RSI cautions that the foregoing list of
factors is not exclusive. RSI cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. RSI does not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
About the Connecticut Lottery Corporation The Connecticut
Lottery Corporation (CLC) is a quasi-public state agency with the
mission to generate revenue for Connecticut consistent with the
highest standards of good public policy and social responsibility.
In fiscal year 2021, players won more than $925 million in prize
money and Retailers earned more than $83 million in commissions. At
the same time, the CLC provided $418 million to support the
valuable services and programs funded by the state’s General Fund
including public health, libraries, public safety, education and
more. Since the Lottery began in 1972, its contributions to the
General Fund have exceeded $10.6 billion.
The CLC reminds the public that Lottery purchasers must be 18 or
older, and players must be 21 or older to place sports wagers. If
you gamble, please play responsibly and use your Game Sense.
About RSI RSI is a trusted online gaming and sports
entertainment company focused on regulated markets in the United
States and Latin America. Through its brands, BetRivers.com and
PlaySugarHouse.com, RSI was an early entrant in many regulated
jurisdictions and is currently live with real-money mobile, online
and/or retail operations in eleven U.S. states: Pennsylvania,
Illinois, New Jersey, New York, Connecticut, Michigan, Indiana,
Virginia, Colorado, Iowa and West Virginia. RSI is also active
internationally, offering its online casino and sportsbook in the
regulated gaming market of Colombia on RushBet.co. RSI offers,
through its proprietary online gaming platform, some of the most
popular online casino games and sports betting options in the
United States. Founded in 2012 in Chicago by gaming industry
veterans, RSI was named the 2020 Global Gaming Awards Digital
Operator of the Year and the 2021 EGR North America Awards Casino
Operator of the Year, Customer Services Operator of the Year and
Social Gaming Operator of the Year. RSI is committed to
industry-leading responsible gaming practices and seeks to provide
its customers with the resources and services they need to play
responsibly. For more information, visit
www.rushstreetinteractive.com.
About Sportech Sportech is an international betting
business, with US headquarters based in New Haven. It’s core
business delivers solutions and services for gaming companies and
lottery clients in highly regulated markets. Sportech also owns and
operates gaming venues and digital betting platforms across the
State of Connecticut under exclusive licenses. In 2020 it delivered
gaming services to over 400 international clients, and in a typical
year its global systems processed approximately $12.3 Billion in
betting handle. For more information, visit
www.sportechplc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211025005474/en/
For CLC Tara Chozet (860) 502-9543
tara.chozet@ctlottery.org
For RSI Media: Lisa Johnson (609) 788-8548
lisa@lisajohnsoncommunications.com or Jonathan Gasthalter/Carissa
Felger/Sam Fisher (312) 319-9233 / (212) 257-4170
rsi@gasthalter.com
Investors: ir@rushstreetinteractive.com
For Sportech Paul Dionne (203) 671-3116
paul.dionne@sportech.net
Rush Street Interactive (NYSE:RSI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Rush Street Interactive (NYSE:RSI)
Historical Stock Chart
From Apr 2023 to Apr 2024