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. Read more news
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.
