Rhode Island posts record mobile sports betting revenue

The Rhode Island Lottery reported significant growth for sports betting in October 2020, with handle and revenue increasing across both mobile and land-based channels.

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Sports fans in the state wagered $34.7m in October, up 22.6% from the $28.3m wagered this time last year. Handle was also up 10.9% compared to September 2020.

Total revenue in the state reached $4.4m, up 83.3% from the $2.4m generated in September, and up 76.0% from $2.5m in October 2019.

Mobile saw significant month-on-month growth, as it generated $2.0m in revenue, up 133.6% from $856,000 in September. This is the highest monthly revenue figure posted since the launch of mobile wagering in September 2019.

Read the full story on iGB North America.