Rhode Island has no Indian casinos.
There are two state-licensed casinos: the Tiverton Casino Hotel, which opened Sep 1, 2018 in Tiverton, and the Twin River Casino in Lincoln. Both are owned and managed by the Twin River Management Group, Inc.
The former Newport Grand Slots in Newport, RI was closed Aug 28, 2018 and its slots license was transferred to the Tiverton Casino.
Tiverton Casino and Hotel - NOW OPEN
777 Tiverton Casino Blvd
Tiverton, RI 02878-2497
Twin River Casino
100 Twin River Road
Lincoln, Rhode Island 02865
Newport Grand (CLOSED on Aug 28, 2018)
150 Admiral Kalbfus Road
Newport, Rhode Island 02840
June 22, 2018
On Friday Gov. Gina Raimondo approved sports betting to be legalized in Rhode Island. It is estimated that gaming venues could begin operation of the game within three months.
Under the law, 51 percent of revenue made from sports betting will be paid to the state. The money will go to fund the $9.6 billion budget planned for 2019. On Thursday the governor will receive the budget proposal from legislators for approval.
The fiscal year ends on July 01. It is estimated that the tax money earned from sports betting could equal $23.5 million.
The new budget was approved highly in favor by state lawmakers.
This will be the second state to approve sports betting. New Jersey was the first.
Money that is taxed from sports betting will go to programs that assist education, school buildings, and support for people with disabilities.
To begin, only two commercial casinos will offer sports betting. Those being Twin River Casinos. They are located in Tiverton and Lincoln. Guest will only be able to bet on a single sporting game. The host cities of Tiverton and Lincoln will receive $100,000 from the casino.
Sports betting will be over seen by the state lottery. The casinos and the state will work together on the revenue split.
Mobile gaming or any form of internet gaming will not be allowed be allowed. The two Twin River casino locations are the only location where people will be able to go to a sports book for wagering.
In order for people to use internet based gaming in the future, there will need to be voter approval.
07.06.2012 Narragansett Indian Tribe to appeal expanded gaming court ruling
06.20.2012 Expanded Gaming Bill to be on November Ballot
03.28.2012 Newport Grand Slot Parlor May Offer Table Games If Voters Approve
11.16.2011 Rhode Island Prepares for Casino Competition
10.06.2009 RI House & Senate OK casino referendum
10.06.2009 RI House Speaker says its time to reconsider casinos
06.23.2009 Twin River casino seeks bankruptcy
10.05.2007 24 Hour Gambling Proposed
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