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Rhode Island sports betting handle reaches record $41.2m in September


Player spending on sports betting in Rhode Island reached a record $41.2m in September, while the state’s revenue also increased 66.7% year-on-year.

Revenue in September amounted to $4.0m, up from $2.4m in the same month last year and also 263.6% higher than $1.1m posted in August of this year.

Mobile betting accounted for $2.1m of overall revenue for the month, while retail revenue from the Twin River and Tiverton Casino sportsbooks reached $1.9m.

Twin River’s sportsbook performed the better of the two retail sites with $1.3m in revenue, while the Tiverton Casino sportsbook generated $591,239 in revenue during the month.

In terms of handle, the record $41.2m wagered by consumers was 31.6% higher than last year and also up 71.7% from $24.0m in August 2021.

Handle was split fairly evenly across mobile and retail, with mobile revenue in September amounting to $21.1m and retail $20.1m. Retail spend included $15.2m at the Twin River sportsbook and $5.0 at Tiverton Casino.

For the financial year to date, sports betting revenue in Rhode Island reached $8.4m for the three months to the end of September, with the state’s handle reaching $87.3m.