We now have 2 sportsbooks in the Rhode Island sports betting launch that is happening within the final quarter of 2018.
Twin River has opened their sportsbook at Tiverton Casino Hotel to become the 2nd location for legal sports in Rhode Island. Twin River Casino, in Lincoln, started the first phase of sports gambling just over a week ago.
No Online or Mobile Betting
For the fiscal year of 2019, which began on July 1, Rhode Island expected to collect around $23.5 million in revenue. However, that figure is now up in the air after legalized sports betting began later than expected. According to the state’s fiscal year 2019 budget, here’s a breakdown of revenue percentages:
State: 51 percent
IGT: 32 percent
Casinos: 17 percent
IGT was the only sports betting vendor to reply to RI’s request for sports betting implementation. The lack of enthusiasm by the industry was due to online and mobile wagering NOT being included in the legislation for legal sports betting.
IGT and the Rhode Island Lottery signed a 20-year deal with the state back 2003 to be its gaming provider and “rights to be the exclusive provider of information technology hardware, software, and related services for all Rhode Island.
States With Legal Sports Betting USA
LEGAL & ACTIVE LEGAL, AWAITING LAUNCH POSSIBLE 2019 LAUNCH