How The US Sports Betting Industry Expanded In 2021

Sports Betting Revenues

Rhode Island sportsbooks took in over $12 million in revenue from July to October. Tennessee residents wagered over $375.3 million on sports in October. Illinois sportsbooks handled over $840.4 million in October, a 32.6% increase from the previous highest handle. LAS VEGAS – With so much happening in over the last year, it’s easy to…

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Rhode Island Sportsbooks See Surge In Revenue Year-Over-Year

Rhode Island Sports Betting

Rhode Island sportsbooks posted 828.6% more revenue in July 2021 than they did in July 2020. July 2021 saw RI sportsbooks make over $3.3 million in revenue for the month. PROVIDENCE, R.I. – Rhode Island is doing surprisingly well for itself in the sports betting industry considering it only has two retail casinos in the…

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Rhode Island, IGT Lock In 20 Year Gambling Extension

IGT - Bally

Rhode Island gambling will continue to be done for the next 20 years using IGT as their operator. Gambling in the Ocean State is the third-largest source of revenue. The Marc A Crisafulli Economic Development Act will provide 1,100 more jobs in the state with IGT and bring in at least $250 million. PROVIDENCE, R.I.…

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Over $72 Billion Is Spent A Year In Lottery Sales

Over $72 Billion Is Spent A Year In Lottery Sales

New York spends the most money on lottery tickets. Massachusetts has the most amount of people playing the lottery. Data show that low-income people are typically who plays the lottery. TALLAHASSEE, Fla. – Americans all over the country are spending over $72 billion in lottery tickets a year. Data from the 2017 Annual Survey of…

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