Twin River Sports Betting

Twin River Sports Betting 4,7/5 3032 votes

Rhode Island’s gambling market is young, with voters approving casino gaming in 2012 (and reaffirming in 2016). There are two active casinos in RI and both of them are under the name of Twin River. Originally, they could only offer retail sportsbooks but with the passage of new sports betting laws, mobile wagering is now active in RI. Sunday 12-8 Monday Closed Tuesday Closed Wednesday 12:00pm -5:30pm Thursday 12:00pm -5:30pm Friday & Saturday 12:00pm -9:00pm Sunday 12:00pm – 8:00pm. Twin River’s New Sports Betting Partnerships. Not much about Twin River’s deals with FanDuel and DraftKings has been disclosed to the public. Yet, it became known that both operators will provide mobile betting experience to Colorado sports fans. In addition, DraftKings will run a retail sportsbook inside Mardi Gras Casino.

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ATLANTIC CITY, N.J. (AP) — Bally’s Corp. has purchased a sports betting technology company for $125 million and has finalized the purchase of a casino in Atlantic City.

The transactions, both announced Wednesday night, give the Rhode Island company formerly known as Twin River Worldwide Holdings a solid place in the sports betting and physical casino markets as it rapidly expands across the U.S.

Bally’s bought Bet.Works, a sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado.

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“This is the next step in our company’s evolution,” said Soo Kim, chairman of the company’s Board of Directors. “By combining our expanding national footprint of casinos, the recently acquired Bally’s brand, and Bet.Works’ proprietary technology stack, we have evolved in just a few short years from a regional casino operator into the first U.S. gaming company committed to serving our customers with an omni-channel approach, combining the best of our physical properties with a superior online experience.”

Over the past two years, Bally’s has been on a buying spree with the goal of transforming from a small regional casino company to a national player in the gambling industry. It will have 14 casinos in 10 states once all pending transactions are completed.

The company also recently bought the Bally’s brand and renamed itself.

It finalized its purchase of Bally’s casino in Atlantic City from Caesars Entertainment and a related entity, VICI Properties, for $25 million.

In a research note issued shortly before the latest transactions were announced, the Macquarie Group said sports betting and internet gambling will be key strengths for Bally’s.

“A two-property company less than 5 years ago, the $900 million market cap Bally’s Corp. has completely transformed the portfolio to 14 assets through $950 million of spending in the last two years,” the firm wrote. “We believe online gaming is the hidden treasure of the company.”

Bally’s plans to split itself into two divisions: “Bally’s Casinos,” comprising physical gambling and entertainment properties, and “Bally’s Interactive,” which will include new and existing contracts for sports betting and internet gambling, including all of Bet.Works’ sports betting operations.

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The Bet.Works purchase should close in the first quarter of 2021.

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Sportsbook and Redemption Info

Patrons who have been holding refunded or winning tickets prior to the temporary closure of the two Rhode Island casinos due to COVID-19 will be able to visit our Sportsbook. Please visit the casino you purchased your ticket at.

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A validation-only terminal will be available AFTER SPORTSBOOK HOURS at the casino cage for guests who want to cash-out sports bet tickets.

*Sports bet tickets are good for one (1) year. Any Sportsbook ticket/refund that expired during our closure will be extended until October 31, 2020.

Mobile Sports Betting

Now open in Twin River Casino Hotel and Tiverton Casino Hotel! Our all new Sportsbooks allow you to wager on your favorite pro and college teams. Presented by the Rhode Island Lottery, powered by William Hill and hosted by Twin River and Tiverton Casinos. Your pick. Your bet. Your win. Only in Rhode Island.