The good news for those hoping to see online casinos spread far and wide in America? Rhode Island legalized iCasino this year, becoming the seventh state to do so.
The bad news for consumers? It’s a one-horse state, with Bally’s being the only operator allowed to offer its product, with an expected launch in April 2024.
The potential worse news for various parties? The law is written so that if Rhode Island’s lottery suffers a shortfall, Bally’s is on the hook to cover the loss.
According to the law, if annual lottery revenue is down a million dollars or less, Bally’s has to cover the entirety of the decrease.
