November Woes: Rhode Island Casinos See Year‑Over‑Year Revenue Dip

Ian Valentino
Published: Wed Jan 07 2026
Reviewed By Paul Skidmore
Online casinos
Key Points
  • Combined November casino revenue dropped to $53.9 million
  • Bally’s Tiverton experienced a larger 5% decline
  • Both video lottery and table-game revenues fell

November Proves Difficult for Two Rhode Island Casinos After Revenue Dip

Rhode Island’s two physical casinos—Twin River in Lincoln and Tiverton—experienced a noticeable revenue dip in November compared to the same month last year. According to figures from the Rhode Island Lottery, combined gaming revenue fell to $53.9 million, down from $55.6 million in November 2024.

This decline comes after a strong performance last year, which saw an 8% year-over-year increase, making the current downturn more pronounced. While the drop is modest in percentage terms, it raises questions about whether this is a seasonal adjustment, a sign of changing consumer behavior, or the result of broader economic pressures.

The November numbers also highlight a shift in performance across key gaming segments. Both table games and video lottery terminals (VLTs) posted declines, suggesting that the softness was not isolated to one area of casino operations. These figures are particularly important as Rhode Island’s gaming industry faces growing competition from neighboring states and online platforms, which continue to reshape the gambling landscape.

Statewide Revenue Decline

The combined revenue for Twin River and Tiverton fell to $53.9 million, representing a 3.1% decrease from the previous year. This figure underscores a slowdown after last year’s strong November, which had set a high benchmark for comparison. The decline was not concentrated in one property; both casinos reported year-over-year drops, signaling a broader trend rather than a localized issue.

Twin River’s Performance

Twin River, the state’s largest casino, generated $41.9 million in November, down 2.5% from $42.9 million in November 2024. The decrease was driven by weaker performance in both major segments:

  • Video Lottery Terminals (VLTs): Revenue slipped 2.1%, from $33.5 million to $32.8 million.
  • Table Games: Dropped 3.9%, from $9.4 million to just over $9 million.

These figures suggest that Twin River’s decline was relatively mild but still notable given its dominant share of the state’s gaming revenue.

Tiverton’s Steeper Drop

Tiverton Casino posted a more significant decline, with revenue falling 5% to just over $12 million, compared to $12.7 million last year. Both table games and VLTs saw similar reductions:

  • Table Games: Down 5%, from $10.5 million to $9.9 million.
  • VLTs: Also down 5%, from $2.2 million to $2.1 million.

This parallel decline across segments suggests that Tiverton faced broader challenges in attracting and retaining players during November.

What’s Driving the Decline?

Several factors may explain the downturn:

  • Economic Pressures: Inflation and tighter household budgets could be reducing discretionary spending on gaming.
  • Normalization After Strong 2024: Last year’s exceptional performance created a tough comparison, making this year’s numbers look weaker.
  • Competitive Landscape: Online gaming and sports betting continue to grow, offering alternatives that may draw players away from physical casinos.

Outlook for 2026

As Rhode Island heads into 2026, December’s results will be closely watched to determine whether November’s decline was a seasonal dip or the start of a longer-term trend. With competition intensifying and consumer habits evolving, the state’s casinos may need to adapt through new promotions, enhanced amenities, or digital integration to maintain market share.

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