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Twin River Lincoln drives RI betting growth in January

| By iGB Editorial Team
Rhode Island’s sports betting market saw revenue soar in January 2020 thanks to a strong performance from the Twin River casino in Lincoln.

Rhode Island’s sports betting market saw revenue soar in January 2020 thanks to a strong performance from the Twin River casino in Lincoln.

Total revenue grew from $159,978 in January 2019 to $3.3m (£2.6m/€3.0m), though the prior year’s performance was impacted by a $124,373 loss from Twin River Tiverton, and the fact that mobile betting had not yet launched.

Total stakes for the month, in which the National Football League playoffs took place, amounted to $26.9m, a 41.4% year-on-year improvement, with players winning $23.7m.

Read the full story on iGB North America.

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