Rhode Island casino revenue decline marked April 2024 as Bally’s Tiverton and Bally’s Twin River casinos reported combined earnings of $52 million. This figure represents a 3.5% decrease from the $54 million earned in the previous year. Learn more about the trends affecting casino profits in our comprehensive analysis.
Rhode Island Casino Revenue Decline: Factors at Play
The Rhode Island Lottery’s monthly revenue report highlights details of the earnings. A substantial portion, $43 million, came from video lottery terminals, while table games contributed $9 million. Bally’s Twin River Casino’s revenue decreased by 4.9%, bringing in $39.3 million compared to $41 million last April. Meanwhile, Bally’s Tiverton Casino saw a slight increase of 1.1%, with $12.8 million in revenue.
Potential Impact of Smoking Ban on Rhode Island Casinos
Amid the Rhode Island casino revenue decline, the Legislature is considering a ban on indoor smoking at Bally’s venues. Currently, these casinos enjoy an exemption from a broader ban introduced over two decades ago. In response, Bally’s pursues a new marketing agreement with the state to mitigate potential revenue losses from this legislation.
For a deeper dive into casino industry changes, visit Legal Sports Report. Stay updated on how policy changes could affect casino operations and revenue streams.
