Combined sports betting revenue in Rhode Island is down 98.6% since this time last year. New innovations in Sportsbook Rhode Island, the mobile betting application and retail sportsbooks opening June 8 hope to see higher monthly numbers in the future. PROVIDENCE, R.I. – The Coronavirus … Read more
IGT is a gaming technology provider that serves gambling operators around the world as well as state lotteries in the U.S. Operating income fell from $200 million in Q3 of 2018 to $154 million in Q3 of 2019. The Chief Financial Officer of IGT says … Read more
Revenue profits are down from initial estimates in the state of Rhode Island. Bettors in the state now have the opportunity to use an online platform to place sports bets. The low revenue after introducing online wagers is thought to be due to the Republicans … Read more
The betting handle, revenue total, and tax contributions all increased from July to August. Twin River Casino has now collected over $100 million in wagers since the start of the year. The state of Rhode Island has seen over $1 million in sports betting tax … Read more
The sports betting handle in Rhode Island has decreased three of the last four months. Twin River Casino is only $11,500 from collecting over $5 million in sports betting revenue on the year. Tiverton Casino will likely break the $1 million state tax contribution mark … Read more
Sports betting in Rhode Island has been legal since June of 2018. Former Providence GOP mayoral candidate Daniel Harrop is arguing that sports betting, like other forms of gambling expansion in the state, must be approved by voters first. The Rhode Island Lottery has already … Read more
Rhode Island bettors have won 96.28% of all action year-to-date – the highest amongst every legal sports betting state. Almost $2.5 million has been contributed to the state in sports wagering taxes since RI’s November 2018 launch. Twin River Casino is the clear market leader … Read more