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Rhode Island sports wagers reach nine-month high in October


Consumers in Rhode Island wagered $55.5m on sports during October, the highest monthly total since January this year.

The October handle was 7.8% lower than $60.2m in the same month in 2021, but 33.1% up from $41.7m in September this year, according to the Rhode Island Lottery.

Of this total, $34.2m was staked online, with the remaining $21.2m split across the Twin River and Tiverton Casino retail sportsbooks. Twin River’s handle amounted to $15.2m and Tiverton Casino’s $6.0m.

In terms of revenue, the Rhode Island lottery said the state’s monthly total stood at $6.2m, which was 72.2% higher than $3.6m in October 2021 but 3.1% behind the $6.4m posted in September this year.

Some $3.6m in revenue was generated from betting online, while $1.7m was attributed to the retail sportsbook at Twin River and $792,234 Tiverton Casino.

It was also reported that players won a total of $49.4m from betting on sports in October.

For the state’s financial year to date, handle amounted to $150.2m, while revenue reached $18.4m and player winnings $131.8m.