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...
by Michael Molter | Aug 12, 2019 2:48 pm | Revenue
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in...
by Michael Molter | Jul 31, 2019 11:46 am | Revenue
June sports betting in Rhode Island accounted for the worst bettor performance, only keeping 85.41% of all action. Over $2.5 million was contributed to Rhode Island through taxes during April, May, and June. Twin River Casino has taken in four out of every five...
by Michael Molter | Jul 10, 2019 4:52 pm | Sports Betting
Legislators approved mobile betting this past session after voters approved a gambling expansion in 2016. Dr. Daniel Harrop filed a suit against the Rhode Island Lottery, as he claims the voters did not approve sports betting specifically. The preliminary briefings...
by Michael Molter | Jun 28, 2019 5:18 pm | Revenue
Rhode Island bettors have won 96.28% of all action year-to-date – the highest amongst every legal sports betting state. Almost $2.5 million has been contributed to the state in sports wagering taxes since RI’s November 2018 launch. Twin River Casino is the clear...
