Tag: Mark Furcolo
R.I. sports betting growth stagnates while other states on upswing
PROVIDENCE – Rhode Island had the lowest growth in revenues from sports betting between 2022 and 2023, decreasing 17% year-over-year, according to an analysis...
IGT assessed penalties for violating terms of lottery contract
PROVIDENCE – IGT Gaming was assessed financial penalties by the R.I. Lottery for noncompliance with several benchmarks required under its 20-year contract to be...
R.I. iGaming revenue exceeded $3M in April
PROVIDENCE – Rhode Island online gaming revenue was $3.3 million in April, the first full month of activity since iGaming launched on March 5,...
Gaming officials question Bally’s commitment to sports betting in Mass.
PROVIDENCE – As competition heats up among states for a slice of the sports betting pie, the performance of one of Rhode Island’s central...
iGaming is here, but it won’t be a revenue jackpot. At...
Online casino gambling launched on March 5, but it'll be a few months before state officials will be able to assess if allowing gamblers...
Questions still surround ‘iGaming’
Rhode Island has become the seventh state to allow residents and visitors to gamble on casino games remotely by phone, computer and tablet, but...
R.I. sportsbook revenue down 10% after Mass. expansion
The launch of online sports betting in Massachusetts on March 10 is already leeching money from Rhode Island, and more losses lie ahead.
In the...
BUDGET CRUNCH: Revenue is down, deficit is up, and R.I. still...
Pawtucket Mayor Donald R. Grebien never thought he’d have to close down his city on Fridays to save money, but in the absence of...
Senate committee starts hearings on new IGT contract for R.I. Lottery
PROVIDENCE — The first of several public hearings on the proposed extension of a contract for International Game Technology LLC started Thursday afternoon, with...
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