Rhode Island Eyes Higher Credit Limits for Gamblers at Bally’s Casinos

Rhode Island Senate President Dominick Ruggerio has thrown his support behind a bill to double gambling-on-credit limits at two Bally’s casinos. According to The Providence Journal, this bill, if passed, will raise the credit limit to $100,000. A spokesperson for Ruggerio explained, “The bill was introduced at the request of Bally’s, to keep them on par with competition from casinos in Massachusetts.”

Rationale Behind the Proposal

Some skeptics question the necessity of this move and whether Bally’s can effectively monitor the gambling habits of online players or patrons of Tribal casinos across state lines. Elizabeth Suever, a representative for Bally’s, addressed these concerns during a recent Senate Committee on Special Legislation meeting. She clarified, “Obviously we’re not interested in extending lines of credit to those individuals who would not be able to pay it back.”

A meeting later this week will review the House’s version of the bill, further determining its fate.

In other developments, Bally’s recently launched its Bally Bet mobile sportsbook in Indiana. Alongside the online platform, a retail sportsbook has opened at Bally’s Evansville casino. Company President George Papanier expressed pride in these advancements. He stated, “We are very proud to introduce our Bally Bet mobile sportsbook in Indiana, a state with a coveted sports history and a legion of loyal fans. We are also excited to open the Bally Bet Sportsbook at Bally’s Evansville.”

Papanier also thanked Indiana for its support and recognized his team’s efforts. “I would like to thank the State of Indiana for its collaboration throughout this process and I would also like to recognize our team members for their contributions to this opportunity,” he added.

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