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Rhode Island posts record mobile sports betting revenue


The Rhode Island Lottery reported significant growth for sports betting in October 2020, with handle and revenue increasing across both mobile and land-based channels.

Sports fans in the state wagered $34.7m in October, up 22.6% from the $28.3m wagered this time last year. Handle was also up 10.9% compared to September 2020.

Total revenue in the state reached $4.4m, up 83.3% from the $2.4m generated in September, and up 76.0% from $2.5m in October 2019.

Retail betting continued to outstrip mobile, as the Twin River Lincoln and Tiverton casinos took $19.3m in wagers, compared to $15.4m on mobile. Twin River Lincoln brought in the majority of land-based wagers, at $14.1m, while Tiverton brought in $5.3m.

Mobile saw significant month-on-month growth, though, as it generated $2.0m in revenue, up 133.6% from $856,000 in September. This is the highest monthly revenue figure posted since the launch of mobile wagering in September 2019.

The in-person requirement for igaming registration was subsequently removed in an amendment signed into law in July this year.