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Rhode Island has experienced a revenue increase in March. However, the figures are still below the expectations.

Sportsbooks have featured the NCAA basketball tournament March Madness and earned US$1.54 million.

Current regulations establish that Rhode Island takes more than half of all sports betting revenue. Profits rose in March along with the number of bets made, with US$23.6 million wagered and US$22 million paid out.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.