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Casino closures hit Rhode Island betting market in December

first_imgRead the full story on iGB North America. The Bally’s Corporation-owned venues were closed from 29 November to 21 December amid a surge in novel coronavirus (Covid-19) cases in the state.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 29th January 2021 | By Robin Harrison Land-based casino Regions: US Rhode Island Tags: Bally’s Corporation Rhode Island Lottery This had a significant impact on sports betting stakes, which declined to $22.8m, a 28.1% year-on-year decline, according to the latest figures from the Rhode Island Lottery. This also represented 35.1% drop from November 2020’s $35.1m handle. center_img Email Address Once they were permitted to resume operations, opening hours were limited to between 6am and 10pm from Sunday to Thursday, and until 10:30pm on Fridays and Saturdays.  Topics: Casino & games Finance Sports betting Land-based casino Results 2020 Online sports betting Retail sports betting The closure of Rhode Island’s two casinos for much of December led to the state’s sportsbook handle and revenue falling during the month. After player winnings of $20.2m, this left gross revenue of $2.5m. While revenue was down only marginally compared to the prior year, it fell 59.7% month-over-month.  Subscribe to the iGaming newsletter Casino closures hit Rhode Island betting market in Decemberlast_img read more