As casino companies look for new ways to grow gaming revenue, more and more states are considering what Rhode Island just did — legalizing iGaming, offering real-money casino games on the internet.
Last month, Rhode Island became the seventh state in the nation to offer iGaming within its borders, sort of a pre-emptive move to prevent their citizens from patronizing commercial casinos in nearby Massachusetts and tribal casinos in Connecticut. The new policy is expected to bolster the fortunes of Bally’s Corp., which dominates the Rhode Island market.
A panel of experts at last week’s National Council of Legislators from Gaming States aired the pros and cons of offering casino play online, and the consensus was that the time is right to grow the industry in cyberspace.
