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
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
Rhode Island saw $39.8 million wagered on sports in January, setting the single-month record for betting handle. Sports betting revenue is up 48.8%. Mobile sportsbooks saw the bulk of betting action in January. PROVIDENCE, R.I. – Sports betting in Rhode Island was very active, managing … Read more
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 Island … Read more
Rhode Island has nearly tripled its sports betting revenue for the fiscal year with $18.7 million made in 2020. In 2019, the state brought in only $6.9 million, showing a spike for the market in popularity. The gaming industry is the third-largest source of revenue … Read more
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 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 this requirement … Read more
Rhode Island is being sued a second time by the same man over the same dispute from September. Daniel Harrop believes the state should be held accountable for a bet he lost because they did not properly legalize sports betting. Annual revenue for Rhode Island … 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
Land-based sports betting in Rhode Island became legal in June of 2018 and mobile betting became legal in March. A state-wide mobile sports wagering app in Rhode Island was launched by the State Lottery on September 4. The lawsuit against legal sports betting in R.I. … Read more