Rhode Island Casinos Face 4.7% Revenue Decline Year-on-Year for February

Rhode Island’s two Bally’s-operated casinos recorded combined gaming receipts of $46.9 million in February 2026, a 4.7% decline from the same month a year earlier, according to the Rhode Island Lottery figures.

Rhode Island casino revenues
  • Rhode Island casino revenue declines slightly as regional competition intensifies
  • Digital channels, including iGaming, show steady growth as a resilience factor
  • Market remains stable but constrained, with online expansion offsetting traditional declines

Video lottery terminals accounted for $37.7 million of that total, down 5.2% year-over-year, while table games generated $9.2 million, a 2.7% dip. 

Twin River in Lincoln produced $35.8 million (down about 5%) and Tiverton posted $11.2 million (down 3.8%), though Tiverton’s table-game revenue rose roughly 5.3%, underscoring venue-level variation. 

For the full year 2025, land-based casino revenue in Rhode Island held near $646.3 million, essentially flat with 2024, reflecting a centralized market run by a single operator. 

Regional competition from Massachusetts properties such as Encore Boston Harbor and Connecticut tribal resorts are present, with the casinos generating approximately $92 million in gross gaming revenue.

iGaming and Seasonal Rhythms

Digital channels are becoming a counterweight to Rhode Island casinos. 

iGaming launched in March 2024 and has shown steady month-to-month gains: wagers and prizes trended upward through late 2025, with net gaming revenue recovering to about $5.84 million in February 2026. 

Seasonal dynamics also matter, January’s $50.7 million haul, higher than February’s take, reflects post-holiday activity and typical early-year softness. 

The state’s casino revenue in November was $53.9 million, this reflects a 13.9% dip to to this month.

Together, these trends suggest Rhode Island’s market is stable but constrained, with digital expansion and localized product mix driving near-term resilience.