Raimondo budget anticipates revenue from sports betting at Twin River
A ruling by the U.S. Supreme Court on Monday clears the way for Rhode Island to institute sports betting, which is already included in Gov. Gina Raimondo's proposed budget.
The governor's budget anticipates $23.5 million in revenue from sports betting at Twin River if it begins Oct. 1.
"The administration took proactive measures in anticipation of today’s Supreme Court decision which will allow Rhode Island to stay competitive with other states," a spokesman for the governor said. "The State is already in the process of choosing a vendor and developing the infrastructure to begin sports betting this fall."
The leaders of Rhode Island's House and Senate both praised the Supreme Court decision.
"I am pleased that the U.S. Supreme Court has made this ruling in time for us to consider sports betting in our state's budget deliberations. I have been on record as supporting sports betting should it be ruled legal, and that day has now come. I look forward to finalizing the details," House Speaker Nicholas Mattiello said.
Twin River released a statement saying it is planning how to incorporate sports betting in Lincoln and at its new casino under construction in Tiverton.
The Supreme Court struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.