Welcome to the Weekend Report, where iGB updates you with the stories you may have missed over the last few days.
Rhode Island credit limit potentially doubling
On Thursday (6 June), the Rhode Island senate voted to increase the outstanding credit per player to $100,000 (£78,697/€92,973). The house is now expected to review the bill this week.
The amended bill passed with a vote of 28-5 to raise the limit from the previous $50,000 which had been in place since 2014.
Igaming launched in Rhode Island in March. Bally’s Corporation essentially has a monopoly on igaming in Rhode Island following state legislators’ 2021 approval of a 20-year contract for Bally’s and supplier IGT.
The bill was introduced by Senator Frank Ciccone III and Senate President Dominick Ruggerio. The bill’s text states that the aim of the rising credits is to “increase Rhode Island’s competitiveness in the gaming industry”.
However, the bill is also facing opposition. As reported by the Rhode Island Current, Se..
