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 end of August. Since … Read more
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 COVID-19 … Read more
Rhode Island is in need of revenue with the Coronavirus Pandemic causing wider deficits and RI HB 8097 would help by allowing sports bettors to register for mobile sportsbooks at home. The sports betting law in Rhode Island at present requires bettors to register in … Read more
Rhode Island sportsbooks handled only $11.1 million in sports wagers and earned only $1 million in revenue between March 1 and May 31. This drastic decrease is largely the product of the state’s legal requirement that online betting accounts be registered in person. Casinos are … Read more
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
Maine has now authorized online horse betting for local, national, and international races. Bets will be hosted via a website called HollywoodRaces.com Maine’s racing season was delayed by COVID-19 but could resume without spectators soon, as many other states have done. The legalization of horse … Read more
The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more
Twin River bought three new properties from Caesars and Eldorado. Buying the three casinos allows for Twin River to have access to three new states. The purchase of the properties is pending regulatory approval. PROVIDENCE, R.I. – Twin River announced last week that they have purchased … Read more
The Sportsbook Rhode Island app and website got a few quality of life upgrades. Both the Twin River Tiverton and Lincoln casinos and sportsbooks remain closed, but the online sportsbook is operational. LINCOLN, R.I. – The Sportsbook Rhode Island app and website has received a … Read more
Pennsylvania handled nearly $330 million in total bets in February but earned only $11.4 million in gross revenue—a hold percentage of 3.47%. This figure is disappointing for Pennsylvania sportsbooks, and there is no clear reason for the decrease. With March Madness and other sporting events … Read more
Rhode Island set a new monthly record for gross sports betting revenue in January. This historic success was powered largely by a Patriots upset loss to the Titans. This is an exact reversal of the situation from the 2019 NFL playoffs. PROVIDENCE, R.I. – In … Read more
During the NFL playoffs, sports betting revenues in New York varied wildly from week-to-week. The combination of a small number of games and a large number of bets allowed for this variance. These weekly revenue figures offer a great example of what differentiates sports betting … Read more