Did the state make the right move in legalizing sports betting?

SPORTS BETTING: Pictured is the new sports-betting facilities at Twin River Casino Hotel in Lincoln. The expansion of sports betting to mobile options is expected to be introduced in the General Assembly this year. / PBN PHOTO/MICHAEL SALERNO
SPORTS BETTING: Pictured is the new sports-betting facilities at Twin River Casino Hotel in Lincoln. The expansion of sports betting to mobile options is expected to be introduced in the General Assembly this year. / PBN PHOTO/MICHAEL SALERNO

Heavy betting in Rhode Island on the Feb.3 Super Bowl will help boost state coffers. That’s because the state receives 51 percent of the revenue from local sports betting.

The state said $6.5 million was wagered in Rhode Island on bets related to the Super Bowl. That dwarfs the $1.03 million in bets placed by the end of December covering the first five weeks of legalized sports betting in the state. Sports-book operator William Hill paid out $2.35 million on the wagers.

Does the strong showing for betting tied to the Super Bowl prove Rhode Island made the right move in legalizing the activity?

 

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Did the state make the right move in legalizing sports betting?