by Michael Molter | May 8, 2019 8:42 am | Sports Betting
Rhode Island sports betting revenue could eclipse $64 million in FY 2024 without neighboring expansion. Sportsbooks could see a 5% decline in growth through FY2024 should MA and CT add legal sports betting. Once the casinos open up FY2021, the Rhode Island revenue...
by Michael Molter | Apr 25, 2019 12:05 pm | Regulatory
Tiverton and Lincoln are both granted a $100,000 contribution for hosting the state’s sportsbooks. The Town of Lincoln is looking to increase the annual fee to $200,000. Mobile betting in Rhode Island is expected to launch in the upcoming months. PROVIDENCE, R.I. –...
by Michael Molter | Apr 24, 2019 9:22 am | Revenue
The March handle for Rhode Island sports betting was $23.6 million Rhode Island sports bettors had won 94.4% of all money wagered in the state before March. Mobile wagering is expected to launch before the start of the NFL season. PROVIDENCE, R.I. – With only three...
by Andy Faust | Apr 10, 2019 11:05 am | Sports Betting
Critics suggest Rhode Island’s sports betting revenues are “off” thanks to gambling lobby lies. Democrat Gov. Gina Raimondo allegedly used compromised data to oversell sports wagering’s economic impact. The timing of Rhode Island’s sports betting rollout suggests that...
by Hasan Nabulsi | Apr 8, 2019 8:30 am | Sports Betting
Sports betting in Rhode Island has been legal and operational since November of 2018 There are currently only two sports betting facilities in the state of Rhode Island. Mobile sports betting in RI is set to launch later this year. PROVIDENCE, R.I. – With legal sports...