The Connecticut Lottery Corporation has issued a Request For Proposals (RFP) as it seeks a new sports betting partner.
The 38-page Request For Proposals announcement was made just two weeks after Rush Street Interactive announced plans to end its sports betting partnership with the Connecticut Lottery. This means that the successful bidder will likely need to provide a sports betting platform for both online and retail sportsbooks in Connecticut. The new license holder will also be required to provide a new Daily Fantasy Sports platform.
According to the RFP, a potential bidder’s ability to provide a seamless transition from the current Rush Street interactive platform and network to its own will be a major factor in the selection process. The lottery wants minimal disruption to its existing products and services.
In the RFP, the lottery said:
“In order to effectuate a smooth transition of the online channel, the Successful Proposer must work collaboratively with the current Operator to import all player Data into its System and to create a messaging and marketing plan to address the transition period from current System to the Successful Proposer’s System.”
The bidding process opened with immediate effect while meetings between lottery officials and bidding companies are penciled in for April 17th through 21st. Written requests must be in by April 24th while a preliminary notice of award is expected by June 14th. Any launch will likely happen in the final quarter of 2023.
The winning bidder will hold a license for an initial period of eight years with a renewal option for a further five years.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.