Rhode Island profits from Super Bowl bets for the 1st time

Sports betting opens up at Twin River casino. Photo by Tessa Roy, WPRO News.

PROVIDENCE, R.I. (AP) – Rhode Island will make money on the Super Bowl, unlike last year when football fans flocked to the state’s two casinos and overwhelmingly bet on the victorious New England Patriots.

The state revenue department said Monday that football fans legally bet $5.5 million on the Super Bowl this year in Rhode Island.

Gamblers won $4.7 million, leaving about $805,000 in revenue.

The state, which gets 51% of sports betting profits, expects to clear at least $400,000 as bets are finalized.

Last year when the Patriots won, and covered the spread too, the state’s sportsbooks lost $2.35 million.

 

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