Tuesday marked six years of land-based sports betting in Rhode Island. Since 2019, Rhode Island sportsbooks have earned north of $200 million from sports betting Rhode Island residents bet roughly 30% less year over year at retail locations from fiscal year 2022 to 2024. PROVIDENCE, … Read more
The exclusion of offshore sportsbooks and state restrictions contribute to a lower 2024 tournament betting estimate compared to 2023. State regulations on college teams and player prop bets limit local sportsbook action. The lack of women’s March Madness tournament betting odds helps show there could … Read more
Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks keeping … Read more
After a little over a month since retail betting became legalized in Massachusetts, online sports betting is slated to follow this week. BetMGM and DraftKings are among the operators preparing to launch, with the former striking a deal with the Boston Red Sox. Important details … Read more
Cloakroom is about a month out from receiving their licensing approval from the DC Lottery. Cloakroom would become the first sportsbook in the US that is inside of a strip club. Kiosks and betting windows will start the betting at Cloakroom but mobile betting is … Read more
January had the second highest sports betting handle in Rhode Island’s market history. Over half of Rhode Island’s sports bets came from online sportsbooks. PROVIDENCE, R.I. – Rhode Island spent residents wagered over $58.6 million on sports in January, the second biggest handle in the … Read more
Eight states just had record high monthly sports betting handles Over $4 billion total was handled in September New Jersey sportsbooks accounted for $1 billion of the total monthly handle LAS VEGAS – Last month, sportsbooks in several states received more money in wagers than … Read more
The Rhode Island Lottery (RIL) has released May sports betting reports that show a 2.7% decline in handle month-over-month. May brought in $28.25 million in handle from Rhode Island sports bettors. The sports wagering market of the Ocean State is expected to see a surge … Read more
Rhode Island has had a regulated sports wagering market for three years. Within three years’ time, the Ocean State has collected $623,050,600 in bets. Rhode Island has one mobile sportsbook application with William Hill and two sportsbook venues. PROVIDENCE, R.I. – Rhode Island has had … Read more
The Massachusetts Legislature has 19 sports betting proposals to consider for passage in 2021. At the moment, the consensus is to have a mobile and retail sports wagering market open in the Bay State. But collegiate sports gaming is something that lawmakers are split on … Read more
Rhode Island sports betting saw a decrease in wagers for the month of April. Total handle on sporting events for April in Rhode Island came in at a little over $29 million. March Madness action looks to be the main factor in the decline in … Read more
Rhode Island sportsbooks posted a combined handle of $38.584 million for the month of March. March Madness bets are what caused an increase in the handle and revenue from February to March the Rhode Island Lottery reports. April numbers for Rhode Island should see a … Read more