Rhode Island sports betting revenue recovers in August

The Rhode Island Lottery has reported a month-on-month increase in sports betting revenue in August after punters spent over $10m (£8.1m/€9.2m) on legal wagering during the month.

Overall revenue from regulated sports betting amounted to $851,788 in August, up from $827,579 in July. Consumers wagered a total of $10.6m, compared to $8.3m in July, winning a collective $9.2m in the process.

The Twin River Casino in Lincoln remained the primary destination for sports betting in August, with the facility posting revenue of $607,836 for the month. This was down from $607,836 in July, but punters spent more at the casino, with total bets up from $6.6m to $7.4m.

In contrast, the Twin River Tiverton site saw revenue increase 18.7% from July to $243,952, with the overall amount wagered by players rising from $1.5m to $2.1m.

Read the full story on iGB North America.

Image: Taber Andrew Bain