This story was published more than 5 years ago.
The state of Rhode Island has announced their sportsbetting revenue numbers for the month of August, noting that gamblers spent more than $10 million on the activity for the period.
Sportsbooks in Rhode Island made $851,788 on the wagers during the month, up from $827,579 in July. The amount wagered was $10.6 million, and players won $9.2 million on their wagers. The Twin River Casino took in the most revenues, raking in $607,836, with total wagers up to $7.4 million.
The Tiverton Twin River Casino had revenues rise 18.7% to $243,952 with the amount wagered up to $2.1 million.
Rhode Island has become one of the first states to legalize sportsbetting following the Supreme Court overturning PASPA. The small population means that numbers will never likely match that of larger states like Pennsylvania and New Jersey, but these results show that there's still a market for the bets.
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Comments
That's quite a good success rate for the RI punters I think, so gladly not just the state is happy with revenues and taxes but probably most of the local players as well.