Rhode Island considers legalising online casino gaming and poker
Rhode Island lawmakers have introduced identical Bills in the Rhode Island General Assembly, proposing the legalisation of online casino gaming and poker in the state, beginning from January 1st, 2024
Rhode Island lawmakers have proposed two identical bills that would legalise online casino gaming and poker in the state.
The bills, introduced by Senate President Dominick Ruggerio and Gregory Constantino, would launch online casino gaming and poker from January 1, 2024.
The proposed legislation would levy a 50% tax rate on slots games and an 18% tax rate on table games.
The bills would also distinguish between an 'iGaming platform vendor' (IGT Global Solutions) and an 'iGaming game vendor' (Bally's). After taxation, IGT will receive 35% of slots revenue and Bally's 15%. IGT will also receive 35% of table gaming revenues, while Bally's will receive 47%.
Bally's Corporation, which is headquartered in Providence, Rhode Island, currently holds a monopoly on land-based casino gaming in the state and operates two casinos. The company also offers online sports betting, taxed at 51%, through its SportsBook Rhode Island website.