Rhode Island sports betting handle breaks record in January

Rhode Island sports betting handle breaks record in January

Sports betting figures rose in Rhode Island in January after properties were permitted to reopen in December.

US.- Sports betting in Rhode Island broke records in January in both the state’s handle and operator revenues.

The state’s handle reached $39.8m, up 74.9 per cent from $22.8m in December 2020. Mobile sports betting accounted for $21.9m.

Revenues rose 46.7 per cent, from $2.5m in December to $3.7m in January. 

The increase in both handle and revenues was the result of a full month of operation for the state’s gambling properties, which reopened on December 21 after three weeks of closure due to Covid-19 countermeasures.

Rhode Island has two land-based sportsbooks: Twin River Casino and Tiverton Casino.

Twin River performed the best out of the two properties, raking in $13.1m in bets and retaining $1.0m in revenue. Tiverton Casino recorded a handle of $4.8m and earnings of $539,924.

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