Rhode Island wagering revenue slumps in July
| By iGB Editorial Team
Rhode Island’s regulated sports betting market has reported a 61.5% month-on-month decline in revenue for July. However, mobile betting may soon launch in the state, with a roll out planned for the start of the National Football League season.
Rhode Island’s regulated sports betting market has reported a 61.5% month-on-month decline in revenue for July.
Having posted the market’s highest monthly total to date in June, revenue fell from $2.1m to $827,579. Amounts wagered over the month dropped 43.5% to $14.7m, with customers winning back $7.5m.
The vast majority of wagering activity took place at the Twin River Casino in Lincoln, where customers staked $6.6m, and the venue paid out $6.0m in winnings, leaving revenue of $622,041.
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