RI sportsbooks generate $2.5m in revenue in September

Rhode Island’s betting figures saw massive growth in September.

According to figures from the Rhode Island Lottery, sportsbooks in the Ocean State processed more than $22.1m in sports wagers in September up from $10m in August.

Rhode Island’s sportsbooks managed to generate a combined total of $2.5m up from $851,788 in August.

September also marked the first month of online and mobile sports betting in Rhode Island.

Breaking down the figures

Land-based sports betting was the most popular way to bet in September.

Rhode Islanders wagered a total of $15.3m at Twin River Casino in Lincoln, leaving the venue with $1.5m in revenue. The Tiverton venue processed $3.5m in bets and managed to generate $438,790 in revenue.

Together, the state’s land-based venues processed $18.9m in wagers and generated $2m in revenue.

More than $3.2m was wagered via mobile devices, leaving the state’s only online sportsbook with $512,740 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, the state of Rhode Island saw the soft launch of the Twin River branded mobile sports betting app in August.

Now that the state has a mobile betting option, residents will be able to place bets using the mobile app, rather than travel across the state to visit one of the two land-based sportsbooks.

Sports bettors that wish to wager on the mobile app must first visit a casino sportsbook to activate their mobile sports betting account. Once the account has been set up, they will be able to wager remotely from anywhere within the state.

For an in-depth look at each state’s sports betting statistics check out our stats page.

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