“This is an occurrence in sports betting,” said Mark Furcolo, Director of the Rhode Island State Lottery Commission. Revenue for the month of February decreased by 35%.
One sad note: Tom Brady came out of retirement to haunt Rhode Island sportsbooks once again. Handles continue to be high – their second highest handle of all time happened in Jan 2021 – and while revenue does tend to dip in non-NFL months, it’s nothing that Rhode Island isn’t used to by now.
