Rhode Island was among the early opportunists to opt for legalized sports betting in 2018, shortly after the U.S. Supreme Court struck down a federal sports betting ban. In-person wagering on sports began in the state in November 2018. Online and mobile sports betting would launch in September 2019.
Despite getting on board with sports betting in short order, Rhode Island lawmakers thought it best to keep a tight leash on the new opportunity. To do so, only one license to operate a sports betting site was granted by the state regulator, the Rhode Island Lottery.
IGT Play Sports would win the right to operate all sports betting in the state. The company remains the sole holder of the current Rhode Island sports betting contract. Their site is known as Sportsbook Rhode Island.
In May 2026, Bally's was awarded the second sports betting license. However, Bally's, which operates two casinos in Rhode Island, has a limited sports betting role in the state. Bally's is responsible for hosting the servers for the Rhode Island sports betting apps. For this limited responsibility, the company draws 17% of the state's sports betting revenue.
Senate Bill 3118 proposes major changes to the state's sports betting
Senate Bill 3118 (S 3118) is sponsored by Senate Majority Leader Frank Ciccone. The bill proposes expanding the number of sports betting platforms operating in the state by between four and six sites.
Along with the increase in sports betting platforms, S 3118 also proposes an increase in the revenue these sports betting platforms will receive. This margin would increase from 32% to 40.5%.
That decision would affect the 17% cut Bally's is receiving for operating the state's sports betting servers.
There's plenty of opposition to these proposed changes
Opponents to Bill S 3118 are lining up, starting with the state's sports betting regulator. The Rhode Island Lottery sees additional sports betting platforms operating in the state as nothing but problematic.
Lottery Director Mark Furcolo fears that such an increase in sports betting offerings will oversaturate the state's tiny market. He also believes the bill might be unconstitutional.
"Neither the Lottery nor the sports wagering market is able to support more sports wagering vendors given Rhode Island's unique Constitutional framework,"
Furcolo told the Providence Journal. "Requiring that more contracts be awarded than can be supported by the Rhode Island Lottery will negatively impact operations and related player protections."
IGT officials are also expressing their dissatisfaction with the proposed changes.
"Shifting to a market with multiple operators may appear attractive in theory, but in practice, it often results in reduced per capita revenue to states, fragmented oversight, and significant administrative and compliance costs," Joe Bertolone, IGT senior vice president, wrote in committee testimony. "Recent experience shows that these transitions rarely result in the promised revenues to the state."
4.85
/ 5
betting.net™ Rating
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
20+ sports available for wagering
Pre-match and in-play betting
Unique features like live streaming and boosted odds
Promo Code:
BETBONUSMGM
Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
4.85
/ 5
betting.net™ Rating
Top Features
- 20+ sports available for wagering
- Pre-match and in-play betting
- Unique features like live streaming and boosted odds
Cashout
yes
Live Streams
yes
Mobile Statistics
yes
Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
4.7
/ 5
betting.net™ Rating
Over 20 sports
Extensive betting markets
Live betting feature
Bet Now
Find out more on bet365's website
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
4.7
/ 5
betting.net™ Rating
Top Features
- Over 20 sports
- Extensive betting markets
- Live betting feature
Cashout
yes
Partial Cashout
yes
Live Streams
yes
Bet Now
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
4.7
/ 5
betting.net™ Rating
FanDuel Review
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
Deep market coverage across major U.S. sports and leagues
Same Game Parlay builder is fast and easy to use
Live betting interface updates quickly with real-time odds
Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
4.7
/ 5
betting.net™ Rating
Top Features
- Deep market coverage across major U.S. sports and leagues
- Same Game Parlay builder is fast and easy to use
- Live betting interface updates quickly with real-time odds
Cashout
yes
Live Streams
yes
Mobile Statistics
yes
Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
Related Articles on betting.net™