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Rhode Island considers ending online sports betting monopoly

Regulation

Rhode Island’s Department of Revenue Lottery Division said eight operators had expressed interest in joining the state’s online sports betting market after it sought information on opening the market. IGT’s exclusive contract was due to expire in November 2026, while legislation to end its monopoly did not advance before the legislative session ended.

A change could alter operator access to Rhode Island’s online sports betting market and the status of IGT’s contract.

End-of-day close DraftKings (DKNG), USD, to 26 November 2025
Story date29 August 202526 November 2025

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Rhode Island Lottery considers four to six sports betting licences

The Rhode Island Lottery is considering a recommendation to expand the state’s sports betting market to four to six operator licences, according to a report commissioned by the lottery. The report says lower taxes could help attract operators. The lottery intends to issue a request for information in early 2026 to gauge company interest, according to its director.

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