The Rhode Island Lottery is on pace to generate more sales in fiscal year 2024 than it did the year prior.
Results for the state’s traditional sales, which include scratchers and lottery draw games, show them just ahead of last year’s numbers through eight months of the fiscal year.
Following February sales that generated $24.8 million, Rhode Island sits at $212.5 million for the year. That leaves the state on pace for $318.7 million, which would be 0.8% ahead of FY23’s $316.3 million in traditional sales.
Instant ticket sales up 6% this year in Rhode Island
February’s traditional sales of $24.81 million was a 3.2% increase from last February’s total ($24.05 million).
While it was the second-lowest monthly sales total of the fiscal year, it’s understandable in the shortest month.
Instant tickets made up just under $11 million of the sales for February, while draw games were at $13.8 million.
On the year, instant games sales are ahead of the previous year, but draw games are falling behind thus far:
- Instant game sales FY24 (through Feb.): $87.5 million
- Instant game sales FY23 (through Feb.): $82.5 million
- Draw game sales FY24 (through Feb.): $125 million
- Draw game sales FY23 (through Feb.): $132.3 million
iLottery sales not included in data
Rhode Island does have online options for instant win games and online keno.
However, their sales are mixed in with their retail numbers for FY24. At the end of the fiscal year, Rhode Island will note how much the iLottery options produced in sales.
Since online games started in FY20, sales have seen consistent growth for the state:
- FY20: $1.3 million
- FY21: $7.2 million
- FY22: $9.5 million
- FY23: $12.6 million
The numbers in Rhode Island match up to what other states are seeing. Those with iLottery options are having constant growth in sales with the product year over year.
VLTs recording billions in Rhode Island Lottery sales
Along with the traditional lottery sales, Rhode Island also has a pair of video lottery terminals (VLTs) in the state.
One is located at Bally’s Twin River Casino. The other is at Bally’s Tiverton Casino.
Through February, the two have accounted for $2.76 billion in sales.
Twin River is carrying most of the weight with $2.16 billion of the total, while Tiverton Casino has $600.7 million.
For FY23, the two terminals accumulated just under $4.3 billion in sales. Through February of last year, they sat at $2.78 billion.
Photo by PlayiLottery
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