The bill in question authorizes the State Lottery Division of the Department of Revenue to implement, manage, and control iGaming at the Twin River and Twin River-Tiverton gaming facilities in Rhode Island. It allows the Division to enter into exclusive contracts with the Rhode Island Affiliates of Bally's Corporation for iGaming services, which include obligations for Bally's to update online slot games, fund responsible gambling programs, and protect the state's financial interests regarding traditional lottery products. The bill also provides for the assessment of liquidated damages for non-compliance with these contracts. Additionally, the bill amends various sections of the General Laws in Chapter 42-61.2, with insertions to the definitions section and deletions of certain phrases and language related to marketing, promotional points, and types of wagers excluded from "sports wagering."

The bill expands the scope of gaming activities permitted in Rhode Island by including iGaming and providing definitions for related terms such as "iGaming," "online gaming account," "online slot game," and "online table game." It also outlines the allocation of online slot gaming revenue among the state, iGaming vendors, and the towns of Lincoln and Tiverton. The bill grants additional powers to the director and lottery division to supervise and administer iGaming, and it requires gaming facilities to offer programs for compulsive and problem gambling. The bill specifies that iGaming wagers can only be made within the state, with provisions for accepting out-of-state iGaming under certain conditions. The proposed legislation is set to take effect on March 1, 2024.