by Christina Monroe | Jun 1, 2020 4:12 pm | Sports Betting
Combined sports betting revenue in Rhode Island is down 98.6% since this time last year. New innovations in Sportsbook Rhode Island, the mobile betting application and retail sportsbooks opening June 8 hope to see higher monthly numbers in the future. PROVIDENCE, R.I....
by Hasan Nabulsi | Nov 19, 2019 5:09 pm | Revenue
IGT is a gaming technology provider that serves gambling operators around the world as well as state lotteries in the U.S. Operating income fell from $200 million in Q3 of 2018 to $154 million in Q3 of 2019. The Chief Financial Officer of IGT says that the company is...
by Christina Monroe | Oct 25, 2019 2:57 pm | Revenue
Revenue profits are down from initial estimates in the state of Rhode Island. Bettors in the state now have the opportunity to use an online platform to place sports bets. The low revenue after introducing online wagers is thought to be due to the Republicans in Rhode...
by Michael Molter | Oct 2, 2019 4:55 pm | Revenue
The betting handle, revenue total, and tax contributions all increased from July to August. Twin River Casino has now collected over $100 million in wagers since the start of the year. The state of Rhode Island has seen over $1 million in sports betting tax...
by Michael Molter | Sep 7, 2019 7:39 am | Revenue
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...
