Rhode Island Sets Sports Betting Record in January
January was a record sports betting month in Rhode Island.
Overall, the state totaled a sports betting handle of $58.6 million for the month, up 6.7% from December’s $54.9 million, which was also a 47.2% increase from January 2021’s $39.8 million.
But the record came on the mobile handle, with Rhode Island taking in $33.5 million in online wagers, 8.2% more than December’s $31 million and 53.1% higher than January 2021’s $21.9 million. The previous online sports betting handle record came in October 2021 when the state took in $31.1 million in bets.
Sports betting revenue in Rhode Island for January was $5.2 million, a 343.9% increase from December’s $1.2 million and 40.7% more than January 2021’s $3.7 million.
Rhode Island Sports Betting, January vs. December
|Total handle||Mobile handle||Revenue|
|Change||Up 6.7%||Up 8.2%||Up 343.9%|
Rhode Island Gaming Figures Down In January
Rhode Island gaming figures saw a decline in January.
Video lottery terminal income was $31.1 million, down 14.4% from December’s $36.4 million and 15.9% higher than January 2021’s $26.9 million.
January table games revenue in January was $9.1 million, a decrease of 11.8% from December’s $10.3 million and 51.3% more than January 2021’s $6 million, according to figures posted by the Rhode Island Lottery.
Rhode Island Single-Source Market
Rhode Island remains one of the states with a single-source mobile sports wagering market. If residents elect to bet online, they can only do so on the Sportsbook Rhode Island website or app.
The website is run by the Rhode Island Lottery and uses the William Hill software on the IGT platform.
Rhode Island’s first legal sports betting was in-person wagering at the Twin River Casino and Twin River Tiverton. Sports betting in the state expanded to online in March 2019 when a bill was signed into law allowing statewide mobile sports wagering.
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