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Rhode Island Senate backs bill for up to five online sports betting licences

Regulation

Rhode Island’s Senate approved a bill 30-2 on 4 June to allow competitive bidding for three to five online sports betting permits after IGT’s exclusive contract ends in late 2026. IGT and Rhode Island Lottery officials raised concerns about state revenue, operational capacity and existing contracts; the House still needs to act on its version.

The proposal could end IGT’s exclusive arrangement and change the number of online sports betting operators in Rhode Island.

End-of-day close DraftKings (DKNG), USD, to 18 July 2025
Story date21 April 202518 July 2025

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