R.I. April sports book revenue highest of any month

NATIONAL GRID has agreed to rebate $7.9 million to ratepayers as the result of a settlement with the state over over-collections that occurred after the 2017 corporate tax rate cut. / COURTESY NATIONAL GRID
SPORTS BETTING garnered its highest revenue in Rhode Island since launch in April, with the state, Twin River's casinos and betting line setter William Hill splitting nearly $2 million. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN
PROVIDENCE – Sport betting took in the most revenue in April of any month, despite a dip in the amount bet at Rhode Island casinos for the month, according to the R.I. Lottery Wednesday. Bettors in Rhode Island wagered $16.9 million for the month while the payout to betters was $14.9 million, leaving sports book…

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