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Rhode Island likely to legalize sports betting next year


Rhode Island likely to legalize sports betting next year

Rhode Island is mulling over the possibility of legalizing sports betting next year. The likelihood of New Jersey’s winning the sports betting case in the US Supreme Court has given other states to consider the prospects of online gambling products or just sports betting.

 

In the New Jersey betting case, the Thoroughbred Horsemen's Association is appealing for overruling of the Professional and Amateur Sports Protection Act of 1992 (PASPA). The law has outlawed sports betting in all states except Nevada.

The chair of the state’s Senate Finance Committee Sen. William Conley has expressed optimism on the prospect of offering sports wagering in his state. The decision on the NJ’s bid to legalize sports betting is expected in the first half of 2018.

 

Conley said he is open to online gambling for Rhode Island and believes that it will bring in revenue. He hinted that the state could pass legislation next session.

 

In the past, the state of Rhode Island has not shown much of interest to legalize online gambling, but it remains at least a long-shot to do so. However, the SCOTUS case has nothing to do with Rhode Island legalizing online casino. The state is already free to legalize online casino (slots, table games) and poker.

 

Rhode Island is one of the smaller states, but legalizing sports betting could shake things there. Among other states that have taken the action path to legalize sports betting are Connecticut and Massachusetts.

 

The sports betting laws are already in place in New Jersey and Pennsylvania states. However, no one in New England is ready to roll out land-based or online sports gambling immediately.

 

The industry experts believe that moving quickly on the sports betting front could soon push up the traffic for any state’s casinos. It also means that the casinos do not lose out casinos in other states with sports betting.

 

The states of New Jersey, Nevada, Pennsylvania and Delaware have already legalized online gambling.

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