Rhode Island § 42-61.2-5 § 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.

Rhode Island Statutes

§ 42-61.2-5 — § 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.

Rhode Island § 42-61.2-5

Title 42State Affairs and Government

Ch. 42-61.2Video Lottery Games, Table Games and Sports Wagering

This text of Rhode Island § 42-61.2-5 (§ 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-61.2-5 (2026).

Text

§ 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.
(a) Notwithstanding the provisions of § 42-61-15, the division of lottery is authorized to enter into an agreement to allocate sports-wagering
            revenue derived from sports wagering and online sports wagering at the hosting facilities
            between the state, the state's authorized sports-wagering vendor, and the host facilities.
            The allocation of sports-wagering revenue and online sports-wagering revenue shall
            be:
         
(1) To the state, fifty-one percent (51%) of sports-wagering revenue and online sports-wagering
            revenue;
         
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§ 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.

(a) Notwithstanding the provisions of § 42-61-15, the division of lottery is authorized to enter into an agreement to allocate sports-wagering revenue derived from sports wagering and online sports wagering at the hosting facilities between the state, the state's authorized sports-wagering vendor, and the host facilities. The allocation of sports-wagering revenue and online sports-wagering revenue shall be:

(1) To the state, fifty-one percent (51%) of sports-wagering revenue and online sports-wagering revenue;

(2) To the state's authorized sports-wagering vendor, thirty-two percent (32%) of sports-wagering revenue and online sports-wagering revenue; and

(3) To the host facilities, seventeen percent (17%) of sports-wagering revenue and online sports-wagering revenue.

(b) Sports-wagering revenue and online sports-wagering revenue allocated to the state shall be deposited into the state lottery fund for administrative purposes and then the balance remaining into the general fund.

(c) The town of Lincoln shall be paid an annual flat fee of two hundred thousand dollars ($200,000) and the town of Tiverton shall be paid an annual flat fee of two hundred thousand dollars ($200,000) in compensation for serving as the host communities for sports wagering.

Legislative History

P.L. 2018, ch. 47, art. 4, § 5; P.L. 2019, ch. 7, § 1; P.L. 2019, ch. 8, § 1; P.L. 2021, ch. 162, art. 6, § 8, effective July 1, 2021; P.L. 2021, ch. 180, § 1, effective July 1, 2021; P.L. 2021, ch. 181, § 1, effective July 1, 2021.