Rhode Island Sports Betting
Mobile/Online State Monopoly Limited Kiosks
State Market Snapshot
Authorized Operators
Sportsbook RI
Market Notes
- Handle and growth: Rhode Island recorded $443.7 million in total sports betting handle for FY 2025 (down from $483.7 million in FY 2024). Monthly volumes remain modest due to the single-operator model and competition from Massachusetts and Connecticut. Early 2026 figures show typical seasonal patterns, with NFL/college football driving stronger months. Full-year 2026 handle is projected to stay relatively flat without market expansion.
- Market split: Mobile dominates with ~85–90% of handle via the Sportsbook RI app (powered by IGT). Retail accounts for the remaining 10–15% at the two Bally’s casinos (Twin River Lincoln and Bally’s Tiverton).
- Hold and tax: Statewide hold typically averages 8–9%. Operators remit 51% of gross gaming revenue to the state (one of the highest rates nationally), with a portion also going to Bally’s as host. FY 2025 state tax revenue from sports betting reached ~$20.8 million (up slightly from prior year), directed to the general fund, education, infrastructure, and problem-gambling programs.
- Regulatory note: Rhode Island Lottery maintains a single-operator model through IGT/Sportsbook RI (contract extended through 2028). Plans are advancing to add a second sportsbook app, with potential launch by late 2026. Offshore enforcement continues via cease-and-desist actions. DFS remains active in a gray area, and prediction markets are under monitoring. No major changes to the monopoly structure yet, though pressure for limited competition is growing.