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Sports Betting in Rhode Island Promising Despite Decreased Income in April
Rhode Island’s income from sports betting dropped by 24.7% in April, totaling $3.2 million in state-earned revenue. In March, the industry had recorded an upsurge in betting activity thanks to March Madness. In turn, the state earned $3.9 million in the moth, a significant increase from the $1.5 million income total recorded in February.
While the revenue recorded from sports betting has been inconsistent this year, it shows a growth curve compared to the same period last year.
Increased Betting Handle
Sports punters in Rhode Island have been spending more at betting companies this year compared to last year. In January, the players wagered $39.8 million. This was a 74.6% surge compared to the amount wagered in December last year.
On the other hand, it was a 48% growth compared to the amount wagered in January last year. Interestingly, $21.9 million of the nearly $40M gambled in Rhode Island in January came from mobile betting.
In February, the betting handle decreased to $34.1 million. But this was still a 21.8% increase compared to the $28.1 million gambled in February 2020. In March, bettors swung back to action with the hopes of profiting from March Madness.
The result was that some $38.6 million was wagered in Rhode Island during the month. Online sports betting accounted for $16.1 million of the wagered amount. Compared to 2020, the betting handle in March was a 331.1% rise.
Rhode Island sports betting, and you can learn more from here, took a sharp drop in betting handle in April. The total wagered amount amounted to $29 million, which was a 24.7% decline. All the same, this was a growth of 4,811% compared to the same month in 2020.
Soaring Revenues
Along with climbing betting handle numbers, the revenues from sports betting in Rhode Island have also been climbing. The state earned $3.7 million from the industry in January—an increase of $400,000 compared to December.
More than half of the amount–$2.1 million—came from mobile betting while $1.6 million came from in-person betting companies. Unfortunately, this income fell by 33% in the following month to stand at $1.5 million.
February was such a poor month for the sports betting industry in Rhode Island that it didn’t match the figures collected the same month last year. Luckily, the industry bounced back in March.
Total income jumped from $1.5 million in February to $4 million, a surge of 155.6%. Compared to March last year, this was a growth rate of 372.4%. As we mentioned, revenues dropped by 20.3% in April to stand at $3.2 million. But it was a whopping 11,472% rise compared to the $27,000 collected by the state in April last year.
How to Join the Party
Sports betting has a bright future in Rhode Island. It might be experiencing inconsistencies in revenue and betting handles presently. But over time, especially post-pandemic days, Rhode Island could climb to become one of the biggest betting markets in the country.
That said, joining the sports betting party in Rhode Island is easy:
- Choose a Betting Partner
There are two ways to bet on sports in Rhode Island. You can join the state’s official mobile betting website—it has a sportsbook supplied by William Hill and IGT. Or you could register an in-person account at the Twin River Casino n Lincoln or the Twin River Tiverton Casino.
Evidently, the variety of betting companies in Rhode Island is small. What’s more, the available betting operators are either controlled by the state or tribes. While this isn’t a bad thing, it reduces competition, which works efficiently in improving the quality of services offered.
All the same, pick an option. Over 50% of Rhode Island bettors prefer to use the betting app. It’s more convenient, safe and saves you from the hassle of leaving your house every time you want to place a bet.
- Add Money to your Account
If you plan to bet at one of the two casinos that provide sports betting, you don’t really need to create an account. Instead, the only requirement is a form of identification and money to bet. The only time you could need an account is if you want to benefit from the casinos’ reward programs.
On the official Rhode Island app, you can deposit from $10 to $10,000 through a variety of payment methods like Visa, MasterCard and PayPal. With money in your account, you can wager on thousands of betting markets in the US and around the world.
You can bet on all the major leagues: NFL, NBA, MLB, NHL and the MLS. You could also bet on international sports leagues like the English Premier League Gamers Arenas. What’s more betting on college sports is allowed except where colleges based in RI are involved.
- Do Your Research
Betting on sports is simple. You can pick a game and back one of two teams. But this doesn’t guarantee you will win. Winning in sports betting requires extensive research. You have to look at every team’s squad, stats, form and play styles.
Some people even pay for betting tips but this isn’t always recommended. Tipsters, the people who sell betting tips, do the same type of match analyses you can do to bet and win. So, if you have to use betting tips, do your research and compare with professionals.
- Take Profits and Manage Risks
After you place a bet and win, you have the choice of betting again or taking profit. Most people prefer to take profit. However, there’s no harm in re-investing some of the money back, especially if your aim is to compound your profits.
All the same, have a risk-management program in place. You don’t want to spend more than you can afford. And you don’t want to lose all your profits. Create a budget to guide you on the amount of money to spend on every bet, every day.
If you exceed your daily or weekly budget, quit betting. Likewise, take profits after you have a goal. This way, you’ll enjoy sports betting more than if you kept wagering your money until you lost it.
Latest News
Week 8/2025 slot games releases
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Here are this weeks latest slots releases compiled by European Gaming
Tom Horn Gaming is thrilled to announce the launch of its latest Hold & Win slot game, Majestic Coins. This high-volatility 3×3 slot takes players on a winning quest, where shimmering coins, respins, and grand jackpots lead to massive wins. Set against a sleek black 3×3 reel grid with 5 win lines, Majestic Coins offers classic slot excitement with a modern twist.
Candy Links Bonanza 2 is the newest slot game from Stakelogic, inviting you to wander through magical realms filled with delightfully sweet treats. Amidst this charming backdrop, two 5×5 grids are placed side by side. The grid on the right is where all the gameplay unfolds, while the other grid collects coins. Forming lines of coins wins their values and activates the powerful Wheels of Fortune!
Step into a world where opulence meets nature in Zillion’s latest release, Royal Crown Fruits – a dazzling slot experience filled with vibrant fruit symbols, golden crowns, and thrilling rewards. With 20 winning lines, the game blends classic charm with modern excitement, offering players a chance to strike royal-sized wins.
Big Time Gaming is back with its most exhilarating instalment yet. Max Megaways III invites players to gear up and embark on a high-stakes Arctic mission that’s shaken, stirred, and loaded with epic rewards. In this 6-reel Megaways™ slot, players get up to 117,649 ways to win, and that’s just the start of the action. Armed with MegaDozer™ mechanics, Free Spins, and a treasure trove of bonuses, Max Megaways III is set to deliver edge-of-your-seat excitement like never before.
Play’n GO delves into the mysteries of ancient Egypt with the release of Myth of Dead, a visually stunning slot that combines engaging gameplay with the allure of legendary treasures. This 5-reel, 3-row game with 10 paylines offers a captivating journey into a world ruled by powerful deities and golden riches.
Belatra Games, the specialist online slots developer, has released Blast the Bass, a brand new title that immerses players into an adventure on the open seas. Set out in the deep ocean, Blast the Bass brings together engaging mechanics, big bonus features and fun graphics that entertain players on every spin. A salty old skipper acts as the Wild symbol and will substitute for all regular symbols to combine for winning lines.
Push Gaming has launched Mad Blast, a volatile, multiplier-focused, pay-anywhere game that builds crazy robots along with wild winnings. Set in the workshop of the Mad Tinkerer, quirky, colourful bomb symbols populate the reels, with eight or more required to award a win. Winning symbols are removed from play, and the cascade of replacement icons allows subsequent wins to be formed.
Relax Gaming has revealed Glyph of Gods, an Egyptian-themed slot where hieroglyphs hold the key to wins. Bringing a fresh take on the much-loved Egyptian theme, this game features Glyph Positions which allow for Wild, Bonus, and Glyph symbols to land in dedicated spots, opening up multiple opportunities for big winning moments.
Blueprint Gaming returns in style with Big Catch Even Bigger Bass, offering a plethora of modifiers to maximise players’ winning potential. After years of success with its iconic Fishin’ Frenzy™ series, Blueprint has moved from the ocean to a picturesque lake where a bait box of aquatic symbols take their place on the 6×4, 4,096 win matrix, nestled in a mountainous landscape.
Amusnet announces the exclusive launch of 20 Wild Goals at Betano in Romania from February 20th to March 24th, 2025. 20 Wild Goals is a 5-reel video slot set in a stadium environment, offering 20 paylines. The Wild symbol, represented by a ball, expands to cover the entire reel, boosting the potential for higher wins. The tumbling reel feature adds a layer of excitement by removing winning combinations and increasing multipliers with each subsequent spin.
The post Week 8/2025 slot games releases appeared first on European Gaming Industry News.
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
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Playtech’s Bingo Technology Powers Buzz Bingo’s Launch of Innovative Omni-channel Experience
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Playtech announced the launch of Buzz Bingo’s groundbreaking omni-channel bingo game, Big Money Live.
Big Money Live sets a new standard in the bingo proposition by seamlessly combining online and land-based players across all Buzz Bingo clubs into a shared and exciting experience, powered by a low latency video stream with an engaging live presenter.
Officially launched at the end of 2024, Big Money Live debuted with a record-breaking £100,000 prize pool, the largest omni-channel bingo prize in the UK. Players nationwide participated in the exciting new chapter of bingo history, enjoying the game from both the vibrant atmosphere of bingo halls and the comfort of their own homes, showcasing the flexibility of this bingo offering.
Big Money Live is broadcasted from Buzz Bingo’s state-of-the-art studio in Derby and streamed live twice daily, seven days a week. Playtech, in collaboration with its ECM Systems platform, has worked closely with Buzz Bingo to develop a cutting-edge offering that caters to both digital and retail bingo enthusiasts. The seamless delivery of bingo games alongside live video enables entertaining and engaging features to be created around the core games, creating opportunities to attract new and younger audiences to play bingo together online and in-venue.
Marat Koss, VP of Interactive Gaming at Playtech, said: “We are incredibly proud to partner with Buzz Bingo on this project. Big Money Live represents a significant milestone in our ongoing commitment to innovation and excellence in the gaming industry. This collaboration showcases our ability to deliver top-tier technology solutions, such as the ECM handheld machines, that enhance player experiences across multiple channels, including online and retail. We’ve already received great feedback from the industry over this offering and functionality.”
Dave Evans, Chief Product Officer at Buzz Bingo, said: “The launch of Big Money Live marks an exciting new phase for bingo in the UK. Our partnership with Playtech has been instrumental in bringing this vision to life, and we are confident that this game will attract more players and offer bigger prizes than ever before.”
Richard Kearns, Head of Bingo at Buzz Bingo, said: “This new concept is a testament to the hard work and collaboration between our teams and Playtech. We are dedicated to providing innovative and engaging bingo experiences, and Big Money Live is a perfect example of this commitment.”
The post Playtech’s Bingo Technology Powers Buzz Bingo’s Launch of Innovative Omni-channel Experience appeared first on European Gaming Industry News.
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