Auditor General issues audit report for Rhode Island Lottery for the fiscal year ended June 30, 2022


STATE HOUSE – The Rhode Island Lottery paid $388.6 million to the state’s General Fund for the year ended June 30, 2022, representing the Lottery’s net income after payment of prize awards, commissions and operating expenses. Lottery revenue, including gaming activity at the Lottery’s two casinos, experienced a significant recovery during fiscal 2022 compared to 2021. The fiscal 2022 transfer to the state increased $86.8 million over the previous fiscal year. While increased, the fiscal 2022 transfer was less than amounts transferred in fiscal 2019 prior to the pandemic.

The Lottery’s financial statements for the fiscal year ended June 30, 2022, and the Independent Auditor’s Report thereon are included in a report issued by Auditor General Dennis E. Hoyle and released today by the Joint Committee on Legislative Services. The auditors concluded that the Lottery’s financial statements were fairly presented in accordance with accounting principles generally accepted in the United States of America.

The Lottery’s gross profit from gaming operations before operating expenses totaled $401.7 million for the fiscal year ended June 30, 2022. Video lottery accounted for $288.8 million or 71.9% of total gross profit. Net video lottery revenue increased by approximately 39.4% compared to the prior year. Online revenue increased by 7.0% and instant ticket revenue decreased 3.0% over prior year amounts. The Lottery’s operating expenses totaled approximately $13.2 million for the year ended June 30, 2022.

Net revenue from table games totaled $125.0 million for the year ended June 30, 2022. After commissions paid to the facilities and the towns, and related operating expenses, the state’s share of net revenue from table games amounted to $19.3 million.

Sportsbook gross profit totaled $19.9 million, after commissions, payouts, and marketing expenses. Sportsbook revenue increased 46.5% in fiscal 2022 with the resumption of sporting events and more patrons using the mobile Sportsbook application.

The Lottery disclosed recent amendments to the Master Contracts with IGT Global Solutions and the Rhode Island Affiliates of Bally’s Corporation as well as the increasing competition from gaming activities in neighboring states.

 The auditors reported an internal control deficiency related to the sportsbook contractor’s need to review and improve documentation of the bookmaker’s access to the sportsbook system and obtain coverage of complementary subservice organization controls of the bookmaker.

The full report as well as a summary are available at the Auditor General’s website,


The State Department is issuing a worldwide threat over violence against the LGBTQ+ community. As Pride Month approaches, Secretary of State Antony Blinken said members of the community "continue to face insidious forms of stigma and discrimination." The department advises U.S. citizens overseas to "exercise increased caution" because of the potential for foreign terrorist organization-inspired violence against people and events.        Aid is moving into the Gaza Strip today on a temporary pier constructed by the U.S. military. The pier is part of an effort to get supplies into the war shattered region where hundreds of thousands face hunger and a humanitarian crisis. The area has seen heavy fighting ever since the October 7th attack on Israel by the Palestinian militant group Hamas.        A man is under arrest for allegedly slugging actor Steve Buscemi [[ boo-SHEM-ee ]] earlier this month. Cops say 50-year-old Clifton Williams, who's homeless, punched the actor in an unprovoked attack as he was walking on a Manhattan street last week. The NYPD said they identified Williams from surveillance video. Buscemi was left with a black eye and swollen cheek and has not yet commented on the incident.        Tempers flared at a House hearing Thursday after Republican Marjorie Taylor Greene attacked the appearance of Democrat Jasmine Crockett. The House Oversight Committee was debating whether to hold Attorney General Merrick Garland in contempt of Congress when Greene and Crockett began arguing, and Greene said "I think your fake eyelashes are messing up what you're reading." Crockett later implied that Greene had a "bleach blonde bad built butch body."        Frontier Airlines will stop charging fees for customers to change flights. The company announced the change as part of a pricing model overhaul. The budget airline is known for bringing in customers with low base fares and charging for everything else. But with the Biden administration beginning stricter rules for "junk fees," Frontier will now begin offering packages that include those add-ons instead.        The NHL's Stanley Cup Playoffs feature two games tonight. In the East, the Florida Panthers will attempt to eliminate the Bruins in Boston in game six of their series. The Panthers hold a three games to two lead. In the West, the Colorado Avalanche will look to avoid elimination against the Dallas Stars in game six