by Giovanni Shorter | Mar 1, 2021 12:54 pm | Revenue
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...
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 Christina Monroe | Jul 29, 2020 3:41 pm | Revenue
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...
by Christina Monroe | Jul 24, 2020 9:25 am | Regulatory
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...
by Christina Monroe | Jul 17, 2020 11:43 am | Regulatory
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...
