Published
FinancialSports Betting

Rhode Island sports betting revenue for April highest to date

Rhode Island sports betting generated $2m in revenue for April.

rhodeislandsign

The highest monthly total to date, the total came from handle of $17m, according to the state lottery, and was 33% up on March’s tally.

That has taken Rhode Island sports betting handle to date to $94m, generating revenue of $3.9m.

The state’s target for the next fiscal year is revenue of $22.7m, having missed its target of $11.5m for the previous fiscal year.

Rhode Island is yet to legalise mobile wagering, which is a huge factor in its below-target results to date – as well as a Super Bowl which lost the state’s sportsbooks $2.4m.

However, a lawsuit was filed in May to stop Rhode Island sports betting until it is approved by voters.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Executive Profiles
The Rank Group
Flutter Entertainment
Wynn Al Marjan Island
Kindred Group

Facing Facts: Looking back on how Asian operators fared in Q4 2022

Gambling Insider takes a closer look at various facts and fi...

GBGC Data: How betting has changed in the US and Europe over the years

Global Betting & Gaming Consultants (GBGC), the global gamin...

Taking Stock: How did Asian operators share prices fare over the last six months?

MGM China, Melco Resorts & Entertainment, Sands China and Wy...

AI in the gambling industry: Evolving or deskilling?

With expert industry insight from suppliers OPTX and Sportra...

Read Magazine