Rhode Island casino revenue decline impacted the state’s gambling landscape in April. The total earnings from Bally’s Tiverton and Bally’s Twin River Casinos reached $52 million. This amount marks a 3.5% decrease compared to the $54 million reported the previous year. For insights into other states, visit this trusted gambling resource.
Factors Behind the Revenue Decline
The Rhode Island Lottery’s monthly report indicates that of the combined revenue, video lottery terminals generated $43 million, while table games contributed $9 million. Bally’s Twin River Casino recorded $39.3 million, showing a 4.9% drop from April 2024’s $41 million. In contrast, Bally’s Tiverton Casino saw a slight increase, reporting $12.8 million up from $12.6 million.
Legislative Changes and Future Prospects
The Rhode Island casino revenue decline coincides with state efforts to ban indoor smoking at the casinos. Bally’s has an exemption from a smoking ban implemented over two decades ago. Currently, they’re pursuing a new marketing agreement to mitigate potential financial losses due to this possible legislative change. For more on state-level legislation and its impacts, check out this analysis.
