Rhode Island casino revenue observed a slight dip, decreasing from $52.3 million in June 2024 to $51.8 million last month, marking a year-over-year drop of 1%. The figures, published by The Rhode Island Lottery, show mixed performance across the state’s casinos.
Rhode Island casino revenue analysis
Bally’s Tiverton casino noted some growth, reporting $12.5 million in revenue, a 5.4% boost from the previous year’s $12 million. Notably, video lottery terminals (VLTs) contributed significantly, rising to $11 million from $10.1 million. However, table games experienced a downturn, falling to $1.5 million from $1.8 million, a 16.6% decrease.
Bally’s Twin River Casino, contrastingly, encountered a 2.8% revenue reduction from $40.3 million to $39.2 million. The majority of this revenue originated from VLTs, accounting for $30.8 million, yet indicating a drop of 4.2% compared to the $32.2 million of the previous year. In a brighter spot, table game earnings increased by 2.6% from $8.1 million to $8.4 million.
Growth in online gambling
Online gambling revenue in Rhode Island saw a considerable surge, achieving $4.9 million in June, a 109.4% hike from June 2024’s $2.3 million. This positive trend was partially due to a 106% increase in online slots gaming revenue, jumping from $1.8 million to $3.7 million. Meanwhile, online table gaming revenue saw tremendous growth, doubling from around $600,000 to $1.2 million.
Rhode Island recently enacted legislation allowing continued smoking in casino lounges, facing opposition from the Casino Employees Against Smoking Effects (CEASE) coalition. The ruling permits Bally’s properties to maintain designated smoking areas despite the ongoing debate. For more on legislative initiatives, visit Legal Gambling in Texas – full info Read more .
