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title

Rhode Island Served a Mixed Bag From August Sports Betting Revenue

excerpt

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The Rhode Island state flag is seen raised on a flagpole. Picture used for illustrative purposes, under Creative Commons License. Captured by Roger Williams/ Flickr. It appears that the “dog days of summer” extended to Rhode Island sports betting. Why? The final numbers are in and there is good news and bad news for operators and lawmakers. First, the good news. Rhode Island made $1.4 million from sports betting in August, but before anyone could celebrate, they realized that this was more than 53% less than what they made in August the previous year and roughly 26% less than what they made in July this year.  Mobile Bets Lead the Way Out of this, most of the money ($1.2 million) came from mobile sports betting, while a smaller amount ($144,099) came from in-house bets...

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Dave Grendzynski

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1762334019

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