Rhode Island

Rhode Island Legislature Passes Gambling Deal with IGT and Bally’s

The Rhode Island lawmakers have passed a gambling deal, promising more revenue for the state by creating a joint venture between its two partners – IGT and Bally’s Corporation. Both entities have been at odds, with Bally’s having more reasons to complain. The state’s General Assembly voted 28-7 to approve …

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Rhode Island

Rhode Island Posts $29M Sports Betting Handle in April

Rhode Island sports betting reported an expected decline in April, in line with most other legal sports betting states reporting the same for the month. According to the Rhode Island Lottery, the state’s total sports betting handle dipped 24.7% in April to $29 million. March’s swelling handle of $38.6 million …

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Rhode Island

Rhode Island Posts $38.6M In March Sports Betting Handle

March Madness fever also engulfed Rhode Island sports betting, which saw a 13.1% increase in its handle to $38.6 million in March. February had brought in $34.1 million in sports betting handle. According to the latest figures released Wednesday by the Rhode Island Lottery, last month’s handle was also up …

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Rhode Island Sports Betting Posts Another Record Handle in January

Rhode Island sports betting touched new heights in January with a record handle of nearly $40 million, a 74.9% increase from December’s $22.8 million in monthly wagers. Total revenue generated from those bets was $3.7 million, up from what the Ocean State extracted in December 2020 and $400,000 more than …

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Rhode Island

Rhode Island Sports Betting Revenue Hits New Record in November

Rhode Island sports betting has hit a new monthly record in November as the state generated $6.3 million in the month for the market. According to the latest figures released by the Rhode Island Lottery, November’s sports betting revenue broke October’s $4.4 million record by a huge $2 million. The …

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Rhode Island Sports Betting Too Posts Record Handle

Rhode Island has posted a new sports betting record for October in total handle, mobile handle, and revenue for the state. According to figures released by Rhode Island Lottery on Monday, sports betting handle for the month was $34.7 million, a significant increase of 10.9% from September and 22.7% more …

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Rhode Island Sports Betting Sees Over 230% Increase In July

Rhode Island sports betting has flourished amid the pandemic-led economic crisis and witnessed a 231.5 percent increase in total handle. While there has been a downturn in most other business activities during the last five months, this performance has been a welcoming sign and reflects a great future for the …

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Rhode Island Awaiting Approval of Mobile Sports Betting Bill

Following the vote of both the Senate and House in favor of HB8097 and SB 2919, online/mobile sports betting in Rhode Island will become a reality. The next phase is the executive approval, and both bills are now lying at Governor Gina Raimondo’s office. The Governor will likely sign these …

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