Rhode Island senators propose sports betting market with up to six operators
Rhode Island senators Frank Ciccone, John Burke and Stefano Famiglietti introduced Senate Bill 3118 to allow four to six online and retail sports betting operators, according to reports. The proposal would change the current revenue shares after fiscal 2025 targets are met, reducing the state’s share from 51% to 12%. A Senate committee hearing is scheduled for 20 May.
The proposal could expand operator access while reducing the state’s revenue share after fiscal targets are met.