Rhode Island wagering revenue slumps in July

29 August 2019

Rhode Island’s regulated sports betting market has reported a 61.5% month-on-month decline in revenue for July.

Having posted the market’s highest monthly total to date in June, revenue fell from $2.1m to $827,579. Amounts wagered over the month dropped 43.5% to $14.7m, with customers winning back $7.5m.

The vast majority of wagering activity took place at the Twin River Casino in Lincoln, where customers staked $6.6m, and the venue paid out $6.0m in winnings, leaving revenue of $622,041. 

Read the full story on iGB North America.