Finance

RI retail betting continues to outstrip mobile in September

1 minute read
The Rhode Island Lottery reported a slight year-on-year decline in sports betting revenue – but month-over-month growth – for September, as retail continued to outperform mobile wagering.
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Sports betting revenue in September reached $2.4m, down 4.0% from $2.5m in the same month last year, but 71.4% higher than the amount posted in August this year.

Players wagered $31.3m on sports during September, which was 41.0% more than the same month last year and also 35.5% higher than the amount spent this August.

There was a particularly packed sporting schedule during the month, with Major League Baseball and the National Basketball Association both playing – following their novel coronavirus (Covid-19) suspensions as well as the National Football League’s traditional kick-off.

Retail was again the main source of income for operators, despite the Twin River casinos in Lincoln and Tiverton being subject to capacity limits as a result of the pandemic.

Read the full story on iGB North America.

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