The US Gambling Industry had one great year behind it as many things changed regarding this activity, especially in regard to sports betting. Sports betting had a ban for more than 20 years, which was lifted in 2018, and many individual states started introducing this activity. There were already seven states that offered this kind of entertainment, and Rhode Island has become the eighth one.
Sports betting is available as of today at Twin River Casino in Lincoln. The Rhode Island General Assembly successfully enacted the law on sports betting in June. There was necessary paperwork that needed to be sorted out, and the first betting activities were scheduled for October this year. However, slight delays happened which resulted in pushing the date back until the second part of November.
The last week also saw turbulent news about sports betting in the US. The news about Rhode Island and sports betting was preceded by the news that Pennsylvania got its first facility for wagering which has been active for a few days now. Furthermore, West Virginia also brought some good news as they launched a sportsbook.
The officials of Twin River Casino stated that they would start offering the sports betting services sometime around Thanksgiving. Since it has become available today, clearly they managed to stay up-to-date and live up to their promises.
The wagering services will only temporarily be offered as the part of the casino complex. They are located on the third floor, and the officials call it temporary facility Phase 1. In other words, they are already planning the main sportsbook, but they decided to allow their customers to enjoy sports betting before it is completed.
People who visit the casino will have an opportunity to place wagers on games based in the US. Some of the International leagues and cups such as Premier League, and other European cups and leagues are expected to be added soon. According to Patti Doyle, who is a spokeswoman for Twin River Casino, bets that are “more exotic” will be available sometime in the near future.
Although people will be able to enjoy sports betting services in the land-based venues, online betting was not approved in Rhode Island. Therefore, people who hoped to stay home and place bets will have to go to the Twin River Casino and wager.
There are some estimates that the state will manage to earn $11.5 million in tax revenue from sports betting. According to the estimates, Rhode Island could earn this sum by the end of the fiscal year on June 30. Although that seems like a lot of money, it is much less than the sum that was originally projected, which was $23.5 million.
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