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 Carter Floyd | Jan 30, 2020 5:04 pm | Regulatory
Rhode Island lawmakers initially budgeted for $22.7 million in tax revenue from sports betting. Despite a recent uptick, the state is set to fall nearly well short of expectations. With the NFL season ending this week, revenue is set to decrease drastically....
by Christina Monroe | Jan 2, 2020 12:00 pm | Sports Betting
Rhode Island law requires sports bettors that want to use their mobile sports betting applications to activate their accounts at a casino first. The number of users for their mobile platform is down causing a domino effect in potential revenue. Other states without...
by Michael Molter | Jul 10, 2019 4:52 pm | Sports Betting
Legislators approved mobile betting this past session after voters approved a gambling expansion in 2016. Dr. Daniel Harrop filed a suit against the Rhode Island Lottery, as he claims the voters did not approve sports betting specifically. The preliminary briefings...
