Rhode Island has hit a record-breaking monthly iGaming spend, as reported by the CDC Gaming Reports. The small New England state saw a surge in online gambling activity in the past month, with players spending more money than ever before on virtual casino games and sports betting.
According to data released by the Rhode Island Lottery, iGaming revenue reached an all-time high in the month of September, with players collectively wagering over $20 million on various online gambling platforms. This represents a significant increase compared to previous months and is a clear indicator of the growing popularity of iGaming in the state.
The spike in online gambling activity can be attributed to several factors, including the ongoing COVID-19 pandemic which has forced many land-based casinos to temporarily close their doors. With brick-and-mortar establishments unavailable, more players have turned to online gambling as a convenient and safe alternative.
Additionally, the recent legalization of sports betting in Rhode Island has also contributed to the increase in iGaming revenue. Sports fans can now place bets on their favorite teams and events from the comfort of their own homes, eliminating the need to visit a physical sportsbook.
The Rhode Island Lottery has expressed optimism about the future of iGaming in the state, noting that the record-breaking monthly spend reflects a growing acceptance and interest in online gambling among residents. The organization plans to continue monitoring and analyzing iGaming trends to ensure a safe and responsible gambling environment for players.
As online gambling continues to gain traction in Rhode Island, experts predict that iGaming revenue will only continue to grow in the coming months. With the convenience and accessibility of online gambling, it is likely that more players will flock to virtual casino games and sports betting platforms, further boosting the state’s iGaming industry.
Overall, the record-breaking monthly iGaming spend in Rhode Island is a positive sign for the state’s economy and a testament to the power of online gambling in today’s digital age. As iGaming popularity continues to rise, Rhode Island stands to benefit from increased revenue and a thriving online gambling market.
