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....
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....