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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

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

PROVIDENCE – Sport betting took in the most revenue in April of any month, despite a dip in the amount bet at Rhode Island...
SPORTS BETTING: Attorney Joseph Larisa, founder of Larisa Law in Providence, stands in front of the Superior Court building in Providence. Larisa is representing Dr. Daniel S. Harrop, a Providence psychiatrist who has filed a lawsuit in state Superior Court seeking to overturn state approval of sports betting unless it is approved by voters.
 / PBN PHOTO/MICHAEL SALERNO

For some, sports betting is not a panacea, it’s just illegal

Did Rhode Island voters approve sports betting when they agreed to allow table games at the state’s casinos?A lawsuit filed this month in state...
GOVERNMENTAL CASH COLLECTIONS in March totaled $279.2 million, an increase of 0.4% year over year. / PBN FILE PHOTO/ARTISTIC IMAGES

R.I. cash collections tick up in March

PROVIDENCE – Cash collections in Rhode Island in March totaled $279.2 million, a 0.4% increase year over year, according to the R.I. Department of...

R.I. sports bettors lose $1.5M amid March Madness

PROVIDENCE – Sports-betting revenue after payouts in Rhode Island was $1.5 million in March, a sharp turnaround from an $890,623 loss in February, according...
GAMBLERS LOST $1.5 million on sports betting in Rhode Island in March. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

R.I. sports bettors lose $1.5M amid March Madness

PROVIDENCE – Sports betting revenue after payouts in Rhode Island was $1.5 million in March, a sharp turnaround from an $890,623 loss in February,...
RHODE ISLAND BETTORS bested the sportsbook in February. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

Bettors best the R.I. sportsbook during Super Bowl month

PROVIDENCE – Total revenue from sports betting for the state in February was -$890,623, bringing the to-date fiscal 2019 total sports betting revenue to...

Raimondo signs legislation to allow mobile sports betting

PROVIDENCE – Gov. Gina M. Raimondo has signed legislation that will allow mobile sports betting through the Twin River Casino Hotel in Lincoln and...
RHODE ISLAND cash collections in January increased 1.9 percent year over year to $350.4 million. / PBN FILE PHOTO/ARTISTIC IMAGES

R.I. cash collections in Jan. up 1.9%

PROVIDENCE - Rhode Island cash collections totaled $350.4 million in January, an increase of 1.9 percent year over year from $343.9 million in January...
LEGISLATION ALLOWING for the launch of mobile sports betting in Rhode Island has been passed by the R.I. General Assembly. The governor is supportive of the legislation. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

General Assembly passes mobile betting legislation

PROVIDENCE – The R.I. General Assembly approved legislation to allow mobile sports betting in the state through the Twin River casinos in Lincoln and...
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

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