Rhode Island posts record mobile sports betting revenue
| By Daniel O'Boyle
The Rhode Island Lottery reported significant growth for sports betting in October 2020, with handle and revenue increasing across both mobile and land-based channels.
Sports fans in the state wagered $34.7m in October, up 22.6% from the $28.3m wagered this time last year. Handle was also up 10.9% compared to September 2020.
Total revenue in the state reached $4.4m, up 83.3% from the $2.4m generated in September, and up 76.0% from $2.5m in October 2019.
Mobile saw significant month-on-month growth, as it generated $2.0m in revenue, up 133.6% from $856,000 in September. This is the highest monthly revenue figure posted since the launch of mobile wagering in September 2019.