Rhode Island reports a revenue increase in its second online casino month

Friday, May 31, 2024 2:39 PM
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  • Rhode Island
  • Mia Doyle, Special to CDC Gaming

The latest igaming revenue report from the Rhode Island Lottery shows that the state generated $2.08 million in revenue during April, its second month with online casino gambling.

On March 5, Rhode Island became the seventh U.S. state to legalize online casino gambling, with Bally Casino as the sole operator. In April, Bally’s collected $2.08 million in revenue, an increase of 71.94 percent from the $1.21 million reported in the 27 days of online gaming in March. Rhode Island generated the least revenue from all seven states in April, but this is expected as it is the newest market and has the smallest population.

The report revealed that slot games accounted for 64 percent of the revenue generated in April, collecting $1.34 million, up 38 percent compared to March. Revenue from table games came to $740,579, contributing 36 percent of the total revenue, and a 210 percent increase from the previous month.

April was a successful month for Bally’s in Rhode Island, as its two land-based casinos, Bally’s Twin River Lincoln and Bally’s Tiverton, also reported record revenues. At the same time, Bally’s is seeking additional concessions from state lawmakers after selling and leasing back the Tiverton casino in January 2023.

Mia Doyle is a news writer for Major League Content, covering the latest stories across the casino and sports betting industry. Mia’s specialties include US gambling business, casino technology, and legislation news. Mia also likes to write about responsible gambling and social responsibility.