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Rhode Island Casino Revenue Down In September, Sports Betting Up

Written By J.R. Duren | Updated:
Dealer Deals Poker Game At Twin River Casino Lincoln, RI

Rhode Island gambling revenue was up slightly for slots, table games, and sports betting combined in September, but slots revenue slowed compared to the previous month, according to the latest data from the Rhode Island Lottery.

A look at Rhode Island casino revenue numbers in September

Rhode Island slot machine revenue dipped around $1.5 million from August to September, but table games revenue ticked up about $65,000.

Combined, slots and table games lagged behind August by just under $1 million.

In terms of total revenue across Rhode Island casinos and sports betting, September represented the first time in the past five months that revenue grew at least 1%.

Year on year, however, revenue for slots was up by nearly $1 million.

MonthSlots RevenueTable Games RevenueSports Betting RevenueTotal RevenueMonth-on-Month Change
September 2023$43,152,041$1,403,638$3,472,089$48,027,7681.42%
August 2023$44,650,479 $1,338,441$1,365,807$47,354,727-3.22%
July 2023$45,568,550$1,467,041$1,896,983$48,932,5740.08%
June 2023$45,742,904$1,365,935$1,783,530$48,892,369-1.07%
May 2023$44,010,443$1,510,159$3,898,405$49,419,007-1.63%
April 2023$45,614,629$1,614,566$3,009,679$50,238,874-6.98%
March 2023$48,421,748 $1,616,324$3,968,567$54,006,63913.95%
February 2023$42,281,090 $1,502,367$3,612,113$47,395,570-5.46%
January 2023$43,764,925$1,204,101$5,164,799$50,133,825-3.64%
December 2022$44,306,190$1,530,209$6,189,316$52,025,7159.17%
November 2022$41,383,933$1,408,476$4,862,856$47,655,265-7.06%
October 2022$43,658,894$1,457,307$6,156,914$51,273,1152.74%
September 2022$42,295,895$1,247,272$6,361,823$49,904,990N/A

RI sports betting revenue jumps up but down big year-on-year

This past month, sports betting revenue in The Ocean State jumped more than $2 million over August. The catalyst behind the boost? The NFL and NCAA football seasons.

The big increase from August to September is typical at this time of the year for sports betting markets around the country. However, Rhode Island’s steep year-on-year revenue drop is atypical.

This past month, the state’s two retail sportsbooks (Bally’s Twin River Lincoln and Bally’s Tiverton) and one online sportsbook (Caesars) generated $3.5 million in revenue. One year ago, that number reached $6.4 million.

The drop is likely due to sports betting markets expanding or opening in Massachusetts and New York, both of which are top states for handle (total amount bet) and revenue.

Here’s a snapshot of the sports betting numbers for September:

  • Twin River: $5,742,923 in handle, $441,485 in revenue
  • Tiverton: $3,209,908 in handle, $222,053 in revenue
  • Online: $28,692,537 in handle, $2,808,551

Lottery sales down in September

In addition to casino and sports betting revenue numbers, the Rhode Island Lottery released its September lottery sales data.

The numbers revealed that sales are down for the second straight month after jumping nearly $5 million from June to July.

Instant tickets led the way with $10.1 million in sales, followed by Keno at $7.4 million and PowerBall at $3.9 million.

Photo by Steven Senne / AP Photo; illustrated by PlayUSA
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J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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