Connect with us

Latest News

Sports Betting in Rhode Island Promising Despite Decreased Income in April

Published

on

Reading Time: 4 minutes

 

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.

Powered by WPeMatico

Continue Reading
Advertisement

Africa

GinjaBet goes live with QTech Games casino content in Nigeria

Published

on

ginjabet-goes-live-with-qtech-games-casino-content-in-nigeria

Reading Time: 3 minutes

Nigerian operator unveils fresh suite of games via new integration with leading emerging-markets aggregator

GinjaBet, a rapidly growing Nigerian operator, is now firmly established with an extensive portfolio of casino content delivered through its integration with QTech Games, the leading game aggregator for emerging markets across Africa.

GinjaBet is a rising-star challenger brand with big plans for the Nigeria market and beyond. As this market coalesces, customers are increasingly demanding experiences that are not only functional but also convenient to use, and personalised to their preferred betting patterns. In this regard, QTech Games and GinjaBet have aligned their complementary skills to deliver a simplified betting experience and optimised user journey across casino, thanks to an adaptable range of content that is both locally authentic and appealing to the next generation of players.

This collaboration will also explore new cross-sell opportunities between sportsbook and casino, with next summer’s football World Cup on the horizon, always a key acquisition and retention driver for global sportsbooks, but above all in Africa where soccer is king.

GinjaBet’s UI has been optimised for mobile-first play, a cornerstone of QTech’s RNG model, which is founded on its fully-owned and customised technical platform, affording operators the fastest integration available, backed by reliable performance and customer support, localised for every region across Africa. By leveraging QTech’s wider global expertise, GinjaBet enjoyed a seamless casino launch, and is now well-positioned to sustain its rapid growth in the near future with a casino product that rides on a scalable and robust framework. This project has also been carefully curated to responsibly track Nigerian player proclivities.

Ekaterina Mayorova, QTech Games’ Head of Region for Africa, said: “We’re thrilled to already be live in Nigeria with GinjaBet, a dynamic brand that is picking up some irresistible momentum in a competitive marketplace. We’re proud to put our shoulder to the wheel of their ambitions, affording GinjaBet the ability to scale their casino content with more localised games and product developments.

“QTech Games has placed a premium on understanding markets at a hyper-local level, alongside bridging that gap between retail and online channels, to open a flexible gateway to success in the Nigerian betting environment. With its mobile-first penetration, comparatively mature smartphone adoption rates and ramping digital economy, Nigeria remains one of Africa’s largest economies, and GinjaBet’s recent growth only underscores the opportunity.

“And we have a suite of other product improvements designed to keep our partners ahead of their rivals in a region where no leadership position can be taken for granted. In addition, our proprietary tech means we’re the only aggregator which is not just showcasing fantastic games but also adding engaging features (such as our AI-driven recommendation engine, QTech Play, alongside other tournament and progressive-jackpot elements) to bolster QTech’s vantage point across the African landscape. We’re constantly adding new content to the platform, prioritising suppliers that deliver unique and localised content, including games which solve familiar local challenges to engagement, such as handset quality limitations, restricted access to fast networks, or high data costs.”

Joe Richa, Ginjabet CEO, added: “GinjaBet is committed to a conscious strategy of harnessing world-class technology and local Nigerian culture. This partnership with QTech is an organic extension of that approach across our stunning new casino suite which showcases globally recognised games, ably supported by specialised content, culturally pertinent promotions, and a tone of voice pitched to connect with younger Nigerian demographics.

“We’re a fast-moving Nigerian brand, focused on delivering specialised, reliable, and entertaining gaming experiences tailored to African markets, driving innovation through responsible gaming and operational efficiency. Our dynamic growth since launch in 2025 has already been hugely encouraging, but QTech’s flexible platform ecosystem has now put us in a position where we can plan for the future with confidence across casino and sportsbook, particularly with the World Cup upcoming fast.”

The post GinjaBet goes live with QTech Games casino content in Nigeria appeared first on European Gaming Industry News.

Continue Reading

European Christmas Roulette

Evoplay unveils festive twist on a casino classic with European Christmas Roulette

Published

on

evoplay-unveils-festive-twist-on-a-casino-classic-with-european-christmas-roulette

Reading Time: < 1 minute

Evoplay, the award-winning game development studio, has boosted its portfolio of seasonal content with the launch of European Christmas Roulette, a festive iteration of a casino classic.

Spreading Holiday cheer, the nostalgic casino favourite offers players the comfort of familiar gameplay. Set in a warm, twinkly casino landscape, the rules of European Roulette remain unchanged, ensuring a timeless and merry experience.

European Christmas Roulette features the usual wheel containing 37 cells, including a bet on zero. Users can place wagers predicting which cell the ball will land in once the wheel stops spinning.

Possible bets include the standard options of even/odd, red/black, single numbers and group bets, enhanced with a seasonal twist, as the table is surrounded by garlands and shimmering baubles.

The addition to Evoplay’s roulette portfolio arrives just in times for the holiday season, offering players a cozy, Christmas-themed take on a timeless favourite.

Ivan Kravchuk, CEO at Evoplay, said:European Christmas Roulette captures the spirit of the festive season while preserving the timeless appeal of a classic table experience.

“By pairing authentic gameplay with a Christmas orientated design, we’ve created a title that’s both nostalgic for players and a strong performer for our partners.”

The post Evoplay unveils festive twist on a casino classic with European Christmas Roulette appeared first on European Gaming Industry News.

Continue Reading

Dan Murphy Centre Director at Xscape Milton Keynes

MERKUR Casino Milton Keynes lights up the city with a dazzling grand opening celebration

Published

on

merkur-casino-milton-keynes-lights-up-the-city-with-a-dazzling-grand-opening-celebration

Reading Time: 2 minutes

Milton Keynes’ entertainment scene reached new heights this weekend as MERKUR Casino unveiled its new flagship venue inside Xscape with a show stopping launch event that combined glamour, entertainment and excitement.

Hundreds of guests, including local dignitaries, media, influencers and VIPs, gathered to witness the official ribbon-cutting and experience a night that captured the energy and ambition behind the MERKUR brand.

The evening delivered non-stop live entertainment, featuring performances from Oasis, Queen and Robbie Williams tribute acts, before DJ vs live band concept, The Benny Blanco Allstars took to the stage to bring the celebrations to a finale.

Adding to the spectacle. Roaming performers captivated guests throughout the night, transforming the new 22,000 sq ft venue into a vibrant celebration of music, lights and atmosphere. The excitement continued with a series of exclusive prize giveaways, headlined by a £10,000 cash prize.

Mark Schertle, Chief Operating Officer at MERKUR Casino UK Ltd, said: “The opening marks a defining moment for MERKUR and for the city itself. The atmosphere on launch night was simply electric and a true celebration of what we stand for – entertainment, energy and community.

“We’ve created a destination that blends first-class gaming with live entertainment and a premium social experience, and it’s fantastic to see guests embracing it from day one.”

Dan Murphy, Centre Director at Xscape Milton Keynes said, “We’re thrilled with the incredible success of the unforgettable opening celebration of MERKUR Casino at Xscape.

“The new casino, complete with its impressive sports bar and entertainment spaces, has created a real buzz – offering guests an elevated experience that blends excitement, energy, and top-quality entertainment. It’s fantastic to see such a dynamic addition to Xscape Milton Keynes, bringing even more vibrancy and excitement to the destination.”

The successful launch underscores MERKUR’s commitment to its UK growth strategy and its aim to become one of the best casino destinations outside of London. The venue is now fully open, with the launch event setting the scene for the high-calibre programme of events the casino will continue to host.

The post MERKUR Casino Milton Keynes lights up the city with a dazzling grand opening celebration appeared first on European Gaming Industry News.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania