Rhode Island land-based betting outperforms online in September

Rhode Island land-based sportsbooks once again outperformed the state’s online option in September.

The latest figures from the Rhode Island Lottery show that bettors in the Ocean State wagered $31.3m on sporting events in September, up from the $23.1m wagered in August.

September’s handle also represents a year-on-year increase on the $22.2m wagered this time last year.

The Lottery’s figures revealed that the state’s sports betting revenue rose to $2.4m in September from $1.4m in August. However, September’s figures represent a slight year-on-year decrease from the $2.5m generated in September 2019.

The state’s land-based casino sportsbooks reopened on 8 June after being forced to close due to the coronavirus pandemic, however, some restrictions are still in place.

Breaking down the figures

According to the report, land-based sportsbooks generated $1.5m accounting for the majority of the state’s revenue while the state’s mobile sportsbook generated $855,910.

Bettors in the state wagered a combined $17.2m at the state’s two land-based sportsbooks and $14.1m via mobile.

Looking closer at the figures, the Tiverton casino sportsbook generated $787,307 from $5.7m in sports wagers making it the highest performing sportsbook in the state in terms of revenue.

The Twin River Lincoln sportsbook proved to be the more popular sportsbook after bettors in the state wagered $11.5m on sports at the venue, leaving the sportsbook with $713,571 in revenue.

 Sports betting in Rhode Island

Sports betting in Rhode Island was initially restricted to two land-based casinos, which was detrimental to the market. However, in August 2019, the Twin River branded mobile sports betting app went live in the state.

In July, Rhode Island Governor Gina Raimondo signed an amendment into law that would allow potential sports bettors to complete their online account registration remotely without having to visit one of the state’s casinos.

With the passage of the amendment, HB 8907, Rhode Islanders can now complete the registration of online sports betting accounts anywhere within state lines.

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