by Christina Monroe | Jan 4, 2021 10:59 am | Revenue
Rhode Island has set a new state record for sports wagering revenue in the month of November the Rhode Island Lottery reports. The Ocean State collected $6.3 million in revenue, a $1.9 million increase from their October 2020 revenue numbers. PROVIDENCE, R.I. – Rhode...
by Christina Monroe | Sep 1, 2020 11:29 am | Revenue
Rhode Island sports betting revenue is on the upswing as July figures from the Rhode Island Lottery have been released. For the month of July, the Ocean State took in $6,738,626 in handle and $351,425 in revenue on sports wagering. PROVIDENCE, R.I. – The Rhode Island...
by Christina Monroe | Jul 29, 2020 3:41 pm | Revenue
Rhode Island has nearly tripled its sports betting revenue for the fiscal year with $18.7 million made in 2020. In 2019, the state brought in only $6.9 million, showing a spike for the market in popularity. The gaming industry is the third-largest source of revenue...
by Christina Monroe | Jul 24, 2020 9:25 am | Regulatory
Rhode Island Governor Gina Raimondo signed House Bill 8097 and Senate Bill 2919 to eliminate in-person registration for mobile sports betting platforms in R.I. on Wednesday. Sports bettors in Rhode Island can begin to register for mobile sportsbook applications by the...
by Christina Monroe | Jul 17, 2020 11:43 am | Regulatory
Rhode Island passed two bills regarding their current sports betting laws to allow residents to sign up for mobile sportsbooks from home. The gaming industry is the third-largest source of revenue in the Ocean State and has been losing money since the outbreak of...
