RI sports betting revenue slips to five-month low in December

| By Robert Fletcher
Sports betting revenue in Rhode Island fell to $1.2m (£885,883/€1.1m) in December 2021, despite the second-highest month of player spending in the state’s 2022 financial year.

Revenue was 82.1% behind the record $6.7m set in November 2021, while it was also the lowest monthly total since $1.1m was posted in August of the same year, according to figures published by the Rhode Island Lottery.

The December amount was also 52.0% down from $2.5m in the same month of the 2021 financial year, despite that month having been impacted by casino closures due to novel coronavirus (Covid-19) measures in the state.

However, player spending remained high, with the $54.9m wagered by consumers during December being 4.2% higher than November and also 140.8% up from $22.8m in December of the previous year.

Read the full story on iGB North America

Subscribe to the iGaming newsletter