Delays, misjudgment hamper R.I. take from sports betting

SPORTSBOOK: Guests relax in a lounge at the sportsbook at the Twin River Casino Hotel in Lincoln. The casino’s sports-betting venue opened in late November and, together with the sportsbook at Tiverton Casino Hotel, which opened a week later, generated nearly $624,000 through March.  
 / PBN PHOTO/MICHAEL SALERNO
SPORTSBOOK: Guests relax in a lounge at the sportsbook at the Twin River Casino Hotel in Lincoln. The casino’s sports-betting venue opened in late November and, together with the sportsbook at Tiverton Casino Hotel, which opened a week later, generated nearly $624,000 through March. 
 / PBN PHOTO/MICHAEL SALERNO

Sports gambling is still projected as a strong revenue source for Rhode Island, but not an annual fix for whatever ails the state budget. A year ago, state officials anticipated almost $24 million from the activity – then still illegal – in fiscal 2019, which ends June 30. A summer 2018 decision by the U.S.

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

No posts to display