by Christina Monroe | Jul 29, 2020 3:41 pm | Revenue
Rhode Island has nearly tripled its sports betting revenue for the fiscal year with $18.7 million made in 2020. In 2019, the state brought in only $6.9 million, showing a spike for the market in popularity. The gaming industry is the third-largest source of revenue...
by Christina Monroe | Jul 24, 2020 9:25 am | Regulatory
Rhode Island Governor Gina Raimondo signed House Bill 8097 and Senate Bill 2919 to eliminate in-person registration for mobile sports betting platforms in R.I. on Wednesday. Sports bettors in Rhode Island can begin to register for mobile sportsbook applications by the...
by Christina Monroe | Jul 17, 2020 11:43 am | Regulatory
Rhode Island passed two bills regarding their current sports betting laws to allow residents to sign up for mobile sportsbooks from home. The gaming industry is the third-largest source of revenue in the Ocean State and has been losing money since the outbreak of...
by Christina Monroe | Jul 8, 2020 5:46 pm | Sports Betting
Rhode Island is in need of revenue with the Coronavirus Pandemic causing wider deficits and RI HB 8097 would help by allowing sports bettors to register for mobile sportsbooks at home. The sports betting law in Rhode Island at present requires bettors to register in...
by Carter Floyd | Jun 29, 2020 9:46 am | Revenue
Rhode Island sportsbooks handled only $11.1 million in sports wagers and earned only $1 million in revenue between March 1 and May 31. This drastic decrease is largely the product of the state’s legal requirement that online betting accounts be registered in person....
