Rhode Island Reports $60.2 Million October Sports Betting Handle

Another month, another shattered sports betting handle record. If you’ve been paying attention to monthly sports betting handles, you know that a monthly record is very temporary, as more and more individuals get involved in wagering on sports. 2021 has been a banner year for sports betting, due to major legalizations in states such as Connecticut and Arizona as well as upcoming launches in areas such as New York and Ontario. Needless to say, the future is very bright for sports betting. Well, yet another state has hit a new benchmark for sports betting, which is exciting even if you expect the number to be beaten once again soon. Let’s take a look at the current state of Rhode Island sports betting.

Rhode Island Sees Record-Breaking October Sports Betting Handle

October was a great month for sports bettors. In a single month, fans had the chance to wager on pro football, college football, the MLB playoffs, and the beginning of the NHL and NBA seasons. Well, as the numbers show, bettors weren’t hesitant to play with all the different sporting events going on.

Rhode Island’s official handle numbers are back in for October, and they easily broke a previous record. The state saw a total of $60.2 million wagered on sports throughout the month. Considering the previous record sat at $41.2 million, that 46.1% jump shows that residents of The Ocean State kept the sportsbooks busy all throughout October.

Sports Bettors Go Mobile, But Also Keep Casinos Busy

As you might expect, the overall majority of wagers in October were made on mobile devices. A total of $31.1 million was placed on mobile in that time, but that doesn’t mean that physical sportsbooks were forgotten about by any means. In fact, Rhode Island bettors ended up spending $29 million at the brick-and-mortar sportsbooks in October.

The most successful sportsbook in Rhode Island during that time period was the Twin River Casino, which took in a total of $21.3 million in bets. This heavily outshines the Tiverton Casino, which only brought in $7.7 million in October. It’s important to note that both are the only retail-licensed operators in the area, with Twin River Casino and Tiverton Casino as sister properties.

What About The November Sports Betting Handle?

Now that we’re fully aware of the October handle for Rhode Island, it’s going to be exciting to see the November stats once they’re released. Recent numbers indicate another major handle for the state, as seen with Connecticut’s first month of legal wagering. In the first few weeks after launch, Connecticut saw a major $54.6 million handle, one that promises to grow as awareness grows and the college football bowl season and NFL postseason approach. While official numbers haven’t been revealed, it’s also speculated that Arizona, which legalized sports betting on the same date as the NFL season started, had a historically high first month of sports betting numbers. With continually growing numbers and more and more states allowing sportsbooks to operate, expect more record-shattering news soon.