The sports betting handle in Rhode Island has decreased three of the last four months. Twin River Casino is only $11,500 from collecting over $5 million in sports betting revenue on the year. Tiverton Casino will likely break the $1 million state tax contribution mark … Read more
Rhode Island mobile sports betting is now active. Sports bettors need to sign up for their mobile account at the Twin River Casino. A lawsuit threatens to shut down Rhode Island sports betting completely. LINCOLN, R.I. – Mobile sports betting became active on Wednesday at … Read more
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in five … Read more
June sports betting in Rhode Island accounted for the worst bettor performance, only keeping 85.41% of all action. Over $2.5 million was contributed to Rhode Island through taxes during April, May, and June. Twin River Casino has taken in four out of every five dollars … Read more
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 are due to the court … Read more
Rhode Island bettors have won 96.28% of all action year-to-date – the highest amongst every legal sports betting state. Almost $2.5 million has been contributed to the state in sports wagering taxes since RI’s November 2018 launch. Twin River Casino is the clear market leader … Read more
• Since their launch, Rhode Island sportsbooks have taken in almost $94 million in wagers. • The state has the lowest hold for 2019 (3.48%) of every legal sports betting state. • Twin River Casino has accounted for nearly 75% of the state’s yearly sports … Read more
Rhode Island is the first New England state with a legal sportsbook. Mobile betting will be the next addition to RI sports wagering. The state has earned over $600,000 in the first three months of legal sports betting. PROVIDENCE, R.I. – Even though March Madness … Read more
PROVIDENCE, R.I. – The State Senate in Rhode Island passed mobile sports wagering legislation in a 31-4 vote that would allow bettors to wager anywhere within state borders. The legislation is RI SB 37 and authorizes sports wagering through a mobile device. This will be done … Read more