{"id":4976,"date":"2023-06-24T04:11:13","date_gmt":"2023-06-24T04:11:13","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/06\/24\/rhode-island-enters-new-digital-gambling-era-as-governor-mckee-signs-igaming-bill\/"},"modified":"2023-06-24T04:11:13","modified_gmt":"2023-06-24T04:11:13","slug":"rhode-island-enters-new-digital-gambling-era-as-governor-mckee-signs-igaming-bill","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/06\/24\/rhode-island-enters-new-digital-gambling-era-as-governor-mckee-signs-igaming-bill\/","title":{"rendered":"Rhode Island Enters New Digital Gambling Era as Governor McKee Signs iGaming Bill"},"content":{"rendered":"<div>\n<p>Rhode Island\u2019s casino scene experienced a significant boost when Governor Dan McKee signed Senate Bill 948 into law on June 22nd, a move that came just before the clock ran out. The new legislation amplifies Bally\u2019s present monopoly on land-based casinos, granting them a fresh dominion: <a href=\"https:\/\/igaming.org\/casino\/what-is-igaming\/\">iGaming<\/a>.<\/p>\n<h3>The Legislative Journey to iGaming<\/h3>\n<p>The initial endorsement of the bill happened last Thursday when the Rhode Island House of Representatives and the Senate <a href=\"https:\/\/igaming.org\/casino-news\/rhode-island-nears-legalization-of-online-casino-games-ballys-set-to-be-exclusive-operator\/\">lent their support to the new law<\/a>. The bill\u2019s passage meant it was sent to Governor McKee, with the expectation of a sign-off or veto by June 23rd. His decision to approve opened the door to online table games and slots, set to commence operation from April 2024.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 177% Welcome Bonus  + 77 Free Spins in Aztec Magic Deluxe\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Senate president Dominick J Ruggerio, a key supporter of the bill, said: \u201cThis legislation provides an added convenience to Rhode Islanders who would like to play the existing table games offered at Twin River via their mobile devices. This igaming legislation is constitutional, is geared to mature users, contains education provisions for problem gamblers and preserves the revenue allocation percentages as they are currently in place.\u201d<\/p>\n<h3>Consolidation of Bally\u2019s Empire<\/h3>\n<p>This new law signifies an evolution of Bally\u2019s current monopoly in Rhode Island. It allows their online arm, Gamesys, to become the state\u2019s sole iGaming operator, a feat accomplished under the banners of Virgin Casino, Tropicana Casino, and Rainbow Riches Casino. Furthermore, in February, it was revealed that Bally\u2019s had a hand in crafting the legislation, a fact they confirmed in a statement.<\/p>\n<p>A significant element of the legislation includes a 50% tax on revenue from online slots. The remaining income is to be divided between Bally\u2019s and International Game Technology (IGT), who are partnering to deliver the new online gambling experience. Bally\u2019s and IGT also manage Sportsbook Rhode Island, a product of the Rhode Island Lottery. Other forms of online gambling, like table games, face a lower tax rate of 18%. The legislation ensures that the existing revenue sharing percentages will remain unchanged.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 177% Welcome Bonus  + 77 Free Spins in Aztec Magic Deluxe\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Bally\u2019s and IGT were granted a 20-year no-bid contract in 2021 to manage the state\u2019s land-based casinos: Bally\u2019s Twin Rivers Lincoln Casino Resort and Bally\u2019s Tiverton Casino &#038; Hotel. The deal will remain effective until 2043.<\/p>\n<h3>Regulation, Oversight and Geolocation Technology<\/h3>\n<p>The Rhode Island Division of the Lottery, which presently oversees Bally\u2019s two casinos, will also regulate the online gaming industry. The responsibility for this task falls under the purview of organization director Mark Furcolo. The new law provides Furcolo with the authority to devise \u201creasonable rules and regulations for iGaming in the state.\u201d<\/p>\n<p>The law permits Rhode Island residents above the age of 21 to participate in online gaming, provided they are physically within the state. Geolocation technology will be employed to enforce this rule, although certain exceptions will be allowed if the Rhode Island Division of the Lottery signs a reciprocal agreement with another state\u2019s regulator.<\/p>\n<p>Currently, only six states \u2013 New Jersey, Delaware, West Virginia, Pennsylvania, Michigan, and Connecticut \u2013 have legalized iGaming. However, it\u2019s widely recognized for its potential to generate more income than sports wagering, which is regulated in a larger number of states.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/rhode-island-enters-new-digital-gambling-era-as-governor-mckee-signs-igaming-bill\/\">Rhode Island Enters New Digital Gambling Era as Governor McKee Signs iGaming Bill<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rhode Island\u2019s casino scene experienced a significant boost when Governor Dan McKee signed Senate Bill 948 into law on June 22nd, a move that came just before the clock ran out. The new legislation amplifies Bally\u2019s present monopoly on land-based casinos, granting them a fresh dominion: iGaming. The Legislative Journey to iGaming The initial endorsement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-4976","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=4976"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4976\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=4976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=4976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=4976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}