Rhode Island Becomes Next State to Legalize Online Sports Betting
Recently updated on March 28th, 2019
Rhode Island Online Sports Betting to be Regulated
With the new laws due to come into effect soon, Rhode Island has stated how they plan to avoid violating the Wire Act – the law that bans interstate sports betting. Basically, all new users will have to sign up at casinos. All wagers will then be received at a “server-based gaming system” which will be placed at casinos across the state.
How popular the new service will be remains to be seen. In November 2018, Rhode Island legalized sports betting and it has been stated that the state has not seen the revenue returns they would have liked from the initiative.
Despite this, Democratic state legislators have defended the action stating that legalizing the hobby has at least allowed the state to get a piece of the revenue going to illegal sports betting avenues. It is estimated that the state aims to get at least $30 million from legal sports betting.
The state has not yet said which service providers they’ll be using to offer online services. However, it does currently use IGT and William Hill for land-based sportsbook services, so there is a chance that it could be one of the two gambling operators.
Whether or not the new bill will be contested remains to be seen. However, if you want to keep up with this story, be sure to keep it here at BestUSACasinoSites.com