In October, the total amount wagered in sports-betting in the state reached a new record of $60.1m, indicating a significant surge of 73.5% compared to October 2020.
The amount of money bet on sports has significantly increased, indicating a strong growth of 46.1% compared to the previous record of $41.2m set in September of this year. This is a positive trend for sports-betting enthusiasts as it shows the growing popularity and willingness of people to engage in this type of gambling activity.
In the field of sports-betting, a significant majority of bets, totaling $31.1 million, were placed using mobile platforms.
Mobile platform wagers:
- $31.1 million
Players in the sports-betting industry wagered a substantial amount of $29.0 million at retail sportsbooks. This indicates the strong interest and engagement of individuals in placing bets on various sports events. The significant sum of money betted showcases the size and potential of the sports-betting market, further highlighting its popularity among enthusiasts.
Twin River emerged as the top-performing retail-licensed operator in the state, accumulating a remarkable $21.3 million in wagers during the month of October.
Tiverton Casino, the sister property, recorded $7.7m in wagers, falling behind Twin River.
The following table shows the comparison between Tiverton Casino and Twin River in terms of wager amounts:
| Property | Wager Amount |
|---|---|
| Tiverton Casino | $7.7m |
| Twin River | Higher than Tiverton Casino |
