The bill amends Section 42-61.2-3.3 of the General Laws concerning the regulation of sports wagering. It introduces new provisions that empower the division director to establish comprehensive rules and regulations governing sports wagering, including standards for the conduct of wagering, methods of play, and procedures for handling bets and payoffs. Notably, the bill mandates that after July 1, 2026, the division shall not renew any existing sports-wagering vendor contracts. Instead, prior to the expiration of these contracts, the division is required to issue an open invitation for new applicants and award at least five individual sports-wagering vendor contracts, ensuring that the selection process does not favor unqualified vendors.

Additionally, the bill outlines various responsibilities for hosting facilities, including the provision of secure areas for division staff and gaming enforcement, as well as the establishment of standards to prevent underage participation in sports wagering and to address problem gambling. The amendments also include the deletion of a previous requirement regarding the eligibility standards for traditional sports-wagering equipment suppliers, while adding a new requirement for the division to ensure that all operational controls and internal procedures are in place for effective oversight of sports wagering activities. The act is set to take effect upon passage.

Statutes affected:
748: 42-61.2-3.3
748  SUB A: 42-61.2-3.3
748  SUB A as amended: 42-61.2-3.3