November wasn’t a very prosperous month for Rhode Island’s two physical and single online sportsbooks. Although the November sports betting handle (total bets) showed a slight growth from October, the revenue was still down month-over-month and year-over-year.
According to the numbers released by the Rhode Island Lottery, the November revenue total of $3.41 million was the lowest since the start of the 2024 fiscal year. The November total comes right after August when operators generated $1.36 million in revenue.
Rhode Island online operator Caesars and physical sportsbooks Bally’s Twin River Lincoln and Bally’s Tiverton accepted nearly $48.28 million in bets throughout November.
Of that money, the books won more than $3.41 million, which was a 24.91% monthly drop and a 29.81% yearly down.
