by Christina Monroe | Jun 22, 2021 10:58 am | Sports Betting
Rhode Island has had a regulated sports wagering market for three years. Within three years’ time, the Ocean State has collected $623,050,600 in bets. Rhode Island has one mobile sportsbook application with William Hill and two sportsbook venues. PROVIDENCE, R.I. –...
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 | Mar 10, 2020 4:33 pm | Regulatory
Fifteen cities in New Hampshire will vote on Tuesday on the issue of opening sports betting locations in their communities. Currently, New Hampshire only offers online and mobile sportsbooks to its residents. DraftKings will run the retail sports betting lounges under...
by Carter Floyd | Jan 30, 2020 5:04 pm | Regulatory
Rhode Island lawmakers initially budgeted for $22.7 million in tax revenue from sports betting. Despite a recent uptick, the state is set to fall nearly well short of expectations. With the NFL season ending this week, revenue is set to decrease drastically....
by Christina Monroe | Jan 2, 2020 12:00 pm | Sports Betting
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...