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Rhode Island Gambling Study: Shows Gradual Decline In Industry

Rhode Island Gambling Study: Shows Gradual Decline In Industry

by Michael Molter | May 8, 2019 8:42 am | Sports Betting

Rhode Island sports betting revenue could eclipse $64 million in FY 2024 without neighboring expansion. Sportsbooks could see a 5% decline in growth through FY2024 should MA and CT add legal sports betting. Once the casinos open up FY2021, the Rhode Island revenue...
Lincoln, Rhode Island Has Requested More Money From Local Sportsbook

Lincoln, Rhode Island Has Requested More Money From Local Sportsbook

by Michael Molter | Apr 25, 2019 12:05 pm | Regulatory

Tiverton and Lincoln are both granted a $100,000 contribution for hosting the state’s sportsbooks. The Town of Lincoln is looking to increase the annual fee to $200,000. Mobile betting in Rhode Island is expected to launch in the upcoming months. PROVIDENCE, R.I. –...
Rhode Island Sports Betting Getting Closer To Expectations

Rhode Island Sports Betting Getting Closer To Expectations

by Michael Molter | Apr 24, 2019 9:22 am | Revenue

The March handle for Rhode Island sports betting was $23.6 million Rhode Island sports bettors had won 94.4% of all money wagered in the state before March. Mobile wagering is expected to launch before the start of the NFL season. PROVIDENCE, R.I. – With only three...
Did Rhode Island Really Get Played By The Sports Betting Lobby?

Did Rhode Island Really Get Played By The Sports Betting Lobby?

by Andy Faust | Apr 10, 2019 11:05 am | Sports Betting

Critics suggest Rhode Island’s sports betting revenues are “off” thanks to gambling lobby lies. Democrat Gov. Gina Raimondo allegedly used compromised data to oversell sports wagering’s economic impact. The timing of Rhode Island’s sports betting rollout suggests that...
Rhode Island Sports Betting Revenue Behind Projections, Seeks Help From Mobile Betting

Rhode Island Sports Betting Revenue Behind Projections, Seeks Help From Mobile Betting

by Hasan Nabulsi | Apr 8, 2019 8:30 am | Sports Betting

Sports betting in Rhode Island has been legal and operational since November of 2018 There are currently only two sports betting facilities in the state of Rhode Island. Mobile sports betting in RI is set to launch later this year. PROVIDENCE, R.I. – With legal sports...
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