Rhode Island’s sports betting and iGaming industry saw a significant increase in November, with a total of $130 million in wagers placed. This data was reported by Gaming Intelligence, highlighting the state’s growing presence in the online gambling market.
The rise in betting activity is attributed to several factors, including the continued popularity of sports betting and the increasing accessibility of iGaming platforms. With more people moving towards online betting options, Rhode Island’s industry has continued to thrive and attract a larger customer base.
The $130 million in wagers represents a significant increase from previous months, indicating a strong growth trend in the state’s gambling sector. This growth is also reflective of the overall trend seen in the United States, where online gambling has experienced a surge in popularity in recent years.
In addition to the rise in wagering activity, Rhode Island’s sports betting and iGaming industry has also seen an increase in revenue generated. This indicates not only a higher number of bets being placed but also a higher return on investment for the industry as a whole.
Overall, the data reported by Gaming Intelligence paints a positive picture of Rhode Island’s gambling industry, showing strong growth and increasing revenue. With the continued popularity of sports betting and the rise of iGaming platforms, the state is poised to continue its upward trajectory in the online gambling market.
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