Rhode Island sports betting handle breaks record in January

Rhode Island's sports betting handle hit $39.8m in January.
Rhode Island's sports betting handle hit $39.8m 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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