Rhode Island Lottery - Providence Business News

Attendance in R.I. public schools is on the rebound after pandemic...

Education 08/07/2024

Rhode Island kids aren’t skipping school as much as they used to. In the 2023-2024 school year, there were 244,375 fewer absences across Rhode Island’s...

IGT Gaming being acquired by Apollo Global Management in $6.3B deal

Economic Activity 07/26/2024

PROVIDENCE – IGT Gaming, along with Everi Holdings Inc., announced on Friday they are being acquired by private equity firm Apollo Global Management Inc....

R.I. sportsbook revenue down 10% after Mass. expansion

Economic Activity 05/02/2023

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...

INTERNATIONAL GAME TECHNOLOGY PLC announced on Friday, Feb. 25, 2022, that it signed a comprehensive 20-year contract extension with the Rhode Island Lottery to remain the exclusive supplier of lottery, iLottery, instant ticket, and video lottery solutions and services through June 30, 2043. / COURTESY INTERNATIONAL GAME TECHNOLOGY PLC AND THE RHODE ISLAND LOTTERY

IGT signs 20-year contract to provide Rhode Island Lottery services

Economic Activity 02/25/2022

PROVIDENCE – Eight months after Gov. Daniel J. McKee signed legislation establishing the deal, International Game Technology PLC announced on Friday that it signed...

FOR THE SECOND YEAR IN A ROW, Rhode Island's take of NFL Super Bowl bets increased, according to the R.I. Department of Revenue. Around $6.79 million was gambled this year at the Bally’s Twin River and Tiverton casinos, along with the state’s mobile sports betting app. / PBN FILE PHOTO

Super Bowl bets in R.I. increase 4.4% Y/Y in 2022

Economic Activity 02/14/2022

PROVIDENCE – Rhode Island’s total take on legal Super Bowl bets grew for the second year in a row, with a 4.4% increase from...

R.I. Lottery shares revenue picture heading into 2021 budget season

Coronavirus 04/30/2020

PROVIDENCE – The R.I. Lottery shared a summary of stunted revenues with state officials on Wednesday, giving budget officials a view of the damage...

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

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

Cover Story 06/28/2019

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...

FISCAL YEAR TO DATE in January, book revenue from sports betting totaled $1.2 million on $32.8 million in bets. The state receives 51 percent of book revenue after operating and allocable expenses. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

Sports betting revenue through Jan. trails projections

Government 03/01/2019

PROVIDENCE – Sports book revenue from late November through January in Rhode Island has totaled $1.2 million, of which, the state would collect roughly...

TAKING A GAMBLE: A customer reads information inside a betting shop operated by Ladbrokes Coral Group Plc., in London, in July 2015. Gov. Gina M. Raimondo is among the state leaders who would like to see Rhode Island legalize sports betting. The U.S. Supreme Court is expected to rule on a case this summer that could pave the way for that. / BLOOMBERG NEWS PHOTO/Chris Ratcliffe

Is sports betting a budget fix?

Cover Story 03/16/2018

John Taylor recently led a tour of the new $30 million hotel under construction at Twin River Casino in Lincoln, a project he said...

IGT launches PlaySpot for Rhode Island Lottery

Technology 09/20/2017

PROVIDENCE – International Game Technology PLC and Rhode Island Lottery last week announced the official launch of the PlaySpot mobile lottery application. PlaySpot connects players...

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