Rhode Island Joined The Sports Betting Party
Rhode Island is joining the party. Twin River Casino became the first casino to accept sports wagers at its Lincoln location on Monday. Twin River will also expand to their Tiverton location in December. For now, those will be the only two places where bets can be placed in the State. Rhode Island is the only New England state so far that has approved the legislation of legalizing sports betting.
But this is only the start. The snowball effect will catch up with the rest soon. Rhode Island had scheduled to launch legal sports wagering on Oct. 1, but negotiations with the vendor who is managing sports betting services took longer than expected. They missed out from the MLB World Series and more than half of the NFL and College Football season. They are aiming to be set up by the NFL playoffs and the Super Bowl.
“Sports gaming provides the state with revenue that offsets reliance on taxes to support essential state services, such as education and fixing roads and bridges,” Democratic Senate President Dominick Ruggerio said in a statement Wednesday. This is not going to end here. Ruggerio is already working to make mobile betting possible in Rhode Island. He wants people to be able to bet anywhere in the state.
Young People And Sports Betting
“A lot of young people, millennials, are getting into sports gaming. DraftKings, fantasy football, things of that nature,” he added. “There is an interest and I think we can pursue that interest by offering mobile gaming.” Twin River Casino is the only place where sports betting is legal in Rhode Island. The State will get 51 percent of the revenue. The vendor 32 percent, and the casino get 17 percent. Twin River spokeswoman Patti Doyle mentioned the Casino is “actively engaged in conversations” with legislative leaders to make mobile gambling possible soon.
“If his proposal enhances the gaming experience for Rhode Islanders while providing additional revenue for the state, it is certainly an idea worthy of a thorough review,” Democratic House Speaker Nicholas Mattiello acknowledged in a statement. “The state’s going to benefit by receiving the revenue rather than going to an illegal market, so I think it’s a win for everyone and kind of fun,” Mattiello added.
There is not a date set for the second Twin River Casino in Tiverton. However, the idea to set up and atmosphere similar to the Las Vegas sportsbooks. It will be a 3,600-square-foot establishment with seat 200 people and about 100 TVs. “Our player development people will kind of articulate that vision on a go forward basis, so we’re hopeful and optimistic they’re going to like phase one but also like phase two,” said Twin River Executive Chairman John E. Taylor Jr. “Today’s rollout is kind of a traditional implementation of sports betting, as you’d find in a Las Vegas sports book, TV monitors, odds boards.” The Twin Rivers kiosks will take bets on the NFL, MLB, NBA, and NHL games. NCAA football betting will available, but it cannot involve Rhode Island schools.