Rhode Island sports betting handle rises 73% in October
With consumers wagering $60.2m, Rhode Island has become the latest US State to set a new record in October.
US.- Rhode Island is the latest state to release figures for October, and it’s the latest to break its previous record for its sports betting handle. Players wagered $60.2m, up 73.5 per cent from October 2020. That beats the previous record – September‘s $41.2m – by 46.1 per cent.
Some 51.1 per cent of wagers were placed via mobile ($31.1m), while retail sportsbooks took in $29m, 48 per cent of the total. The most successful retail operator was Twin River, taking $21.3m. Tiverton Casino took $7.7m of the total.
Revenue was down, however, at $3.6m. That’s 18.2 per cent lower than October 2020 ($4.4m) and 10 per cent lower than the $4m reached in September 2021. Retail revenue reached $2m for the month, while mobile revenue amounted to $1.6m. Twin River again led the way in retail with $1.6m in sports betting revenue, while Tiverton Casino posted $440,625 in revenue.
In October, players won a total of $56.6m from sports betting. Players in Rhode Island wagered $147.5m on sports in the four months to the end of October, with operators turned revenue of $12m.
See also: Rhode Island hits record sports betting handle in September
