Rhode Island Sees Sports Betting Handle Increase In August

Rhode Island Sees Sports Betting Handle Increase In August
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Rhode Island’s rollercoaster of a year in sports betting handle was one that went in a positive direction last month.

After a downturn in July, which came on the heels of an uptick in June, the August handle saw an 8.8% increase.

The total handle of $24,042,834 for August was better than the $22,095,960 in July and up 4% from the $23,116,965 total in August 2020.

The mobile sports betting handle in August was $11,826,464, up 6.6% from July’s $11,099,005 and up 13.3% from August 2020 ($10,436,956). Rhode Island is one of the few states that doesn’t see at least 80% of its sports betting handle from online activity.

Rhode Island gambling’s sports betting revenue was $1,129,859 in August. That was a 65.4% decrease from the $3,263,276 in July and down 20.6% from August 2020’s total of $1,423,391.

Rhode Island Sports Betting, August vs. July

Total handle Mobile handleRevenue
Change Up 8.8% Up 6.6% Down 65.4%

Gaming Numbers Down

While sports betting was up in August, Rhode Island’s video lottery terminals net income was $39,722,748, which was down 9.7% from July ($44,005,038) and up 62% from August 2020 ($24,514,806).

August table games revenue was $9,511,203, down 6.8% from July ($10,204,249) but up 80.2% from August 2020 ($5,277,360).

Connecticut Set To Go Live

Elsewhere in the Northeast, DraftKings Sportsbook is about to go live in Connecticut.

Connecticut residents will be able to place their bets at the temporary DraftKings Sportsbook at Foxwoods, located near the Ultimate Race Book in Rainmaker Casino, on Sept 30, the Mashantucket Pequot Tribe announced this week. There will also be wagering kiosks located around the facility.

The Mohegan Sun will debut a FanDuel Sportsbook that includes a 140-foot video wall and 36 betting kiosks at its facility, but it has yet to announce an official launch date.