The Rhode Island Lottery has reported an increase in sports betting revenue and player spending in August, primarily due to increased activity at the state’s two retail sportsbooks.
Players wagered $23.1m on sports during August, up 244.8% on July’s total and also 117.9% from August 2019.
Retail overtook mobile to become the primary source of sports betting income in the state, with revenue for the channel amounting to $932,790. Players spent a total of $12.7m at the Twin River and Tiverton Casino sportsbooks.
In comparison, mobile revenue for the month reached $490,601, with consumers having spent $10.4m on sports betting, winning $9.9m in the process.
Land-based sportsbook facilities partially reopened on June 8 after the novel coronavirus (Covid-19) shutdown, but continue to operate with certain restrictions in place.
Breaking down the retail figures, Twin River performed the better out of the two casinos, with its sportsbooks taking $7.3m in wagers and posting $638,143 in revenue.
Tiverton Casino processed $5.4m in sports bets and, after paying out $5.1m in winnings, was able to record $293,647 in revenue for the month.
For the financial year to date, which in Rhode Island runs from July 1 to June 30, sports betting revenue stood at $1.8m, up from $1.7m at the same point last year, while the state’s handle more than doubled from $14.7m to $29.9m.