Good things come in small packages and the state of Rhode Island is no exception to the rule. The smallest state in the US is about to take a big step in an online gambling reform. Before the rest of the country decides to pack their bags and head east the House of Finance Committee has to vote before it is finalized. It will be added to the budget proposal and looks promising for the RI residents. The bill was presented on Thursday and will take a few days before the voting takes place.
Twin Rivers land based casino owners in Lincoln are all too happy in offering incentives that would boost revenues. Adding an online casino to their land based operation would not only be lucrative for the land based casino but the proposal would be presented as an amendment to the $7.7 billion budget.
Executive Craig Eaton, owner of Twin Rivers is eager to be one of the first casinos to make available an online casino and is confident of its potential. What is not confident is how the votes will come in. Republican Russell Jackson commented that this would limit online opportunities to just Twin River and Newport Grand operations, stating: “Why would we want to do that?”
For the US gambler, this type of gambling news has all been heard before with Florida, New Jersey and Washington holding high hopes for a reform. One thing that is certain is more states giving legalization of online gambling more consideration than ever before. What makes it all the more interesting is that it comes on the heels of the DOJ wiping out existing sites that are accepting American players. It could very well be a promising time for the online gaming industry.
Anyone from RI? Is this the best news or what?
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