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Industry
September 15, 2023
Bally’s Corporation Donates $5M to CCRI Foundation
Yesterday, Bally’s Corporation unveiled a $5 million donation to the Community College of Rhode Island (CCRI) Foundation. In line with the long-term partnership between the two bodies, the donation celebrates the Foundation’s 45-year history. The money will help the CCRI Foundation provide higher education and economic opportunities to students who wish to pursue a career […]
Casino
June 23, 2023
Rhode Island Joins the Ranks With Landmark iGaming Bill
Senate Bill 948 officially allows iGaming in the state, outlining how the industry will develop in the coming years. Despite calls to diversify Rhode Island’s gambling market by allowing other operators, the exclusive deal with Bally’s and supplier IGT means the region will remain a walled garden until at least 2043. The new legislation still […]
Legal
May 11, 2023
Exclusive: SBA Urges Rhode Island Lawmakers to Create a Competitive iGaming Market
Introduced late in April, Senate Bill 948 (SB 948) calls for the legalization of online gambling, or iGaming, for eligible customers located in Rhode Island. The proposal, if greenlighted, calls to come into effect as of January 1, 2024. During a Wednesday hearing on SB 948, the Sports Betting Alliance (SBA), a coalition consisting of […]
Lottery
April 10, 2023
IGT Extends Sports Betting Contract with the Rhode Island Lottery
Global supplier of gaming and lottery solutions International Game Technology (IGT) announced its sports betting technology contract with the Rhode Island Lottery has been extended for another three years. The Beneficial Partnership Will Continue The contract extension with the Rhode Island Lottery means that IGT will continue to provide the IGT PlaySports solution alongside its […]
Sports
March 29, 2023
Rhode Island Seeks to Introduce Betting on College Sports
The bill, pitched by Senate President Dominick Ruggiero, is looking to expand the scope of betting in the state and allow Rhode Island residents and visitors to bet on college teams that are based in the state. Betting on College Teams in RI Gains Momentum This applies to collegiate teams that may soon be a […]
Casino
January 30, 2023
Rhode Island Reintroduced Bill That Would Ban Smoking in Casinos
The state has been trying to get it through but hasn’t been successful yet. Many of the casino employees have been outspoken about their support of such a ban. Tanzi Making Another Push Rep. Teresa Tanzi again brought up the issue of smoking in Rhode Island’s casinos last week. The new bill aims to update […]
Casino
January 6, 2023
Bally’s, GLPI Completed Previously Announced Sale-Leaseback
Bally’s Corporation and Gaming & Leisure Properties (GLPI) announced that the acquisition of the land and real estate assets of Bally’s Tiverton Casino & Hotel in Tiverton, Rhode Island, and Bally’s Hard Rock Hotel & Casino Biloxi in Biloxi, Mississippi by GLPI is now completed for a total consideration of $635 million. Bally’s Sells Real […]
Sports
October 31, 2022
RI Sports Betting Revenue Soars in September Hitting $6.4M
The sports betting handle and revenue in Rhode Island continued to climb up last month, data released by the gambling regulator reveals. Sports Betting Revenue Soars, Handle Increases Slightly The gambling regulator in the state, the Rhode Island Lottery, has announced the latest data for the performance of mobile and land-based licensed sports betting operators […]
Sports
September 30, 2022
Rhode Island Betting Revenue Out of the Doldrums with $3M in August
August was a strong month for sportsbooks operating in Rhode Island, judging by figures released by the gambling regulator in the state. Sports Betting Revenue Hits $3M in August The Rhode Island Lottery, the gambling regulator in the state, has announced the financial results for August reported by licensed sportsbook operators in the state. Last month, […]
Business
June 29, 2022
Bally’s Inks $1B Sale-and-Leaseback Deal for Rhode Island Casinos
Bally’s Corporation has said yes to a massive sale-and-leaseback deal valued at $1 billion for its Rhode Island casinos, Tiverton Casino and Hotel and Twin River Lincoln Casino. Both will be purchased by GLP Capital, which is Gaming and Leisure Properties’ operating partner. Once the sale will be completed, Bally’s will instantly lease them back […]
