The bill amends Section 42-61.2-3.3 of the General Laws concerning the regulation of sports wagering. It grants the division director the authority to establish rules and regulations for sports wagering, including standards for the conduct of wagering, methods of play, and procedures for handling bets and payoffs. The bill outlines various responsibilities for hosting facilities, such as providing information about wagering rules, ensuring proper surveillance, and establishing age restrictions for participants.
Additionally, the bill introduces a new requirement that, after January 31, 2026, the division shall not renew any existing sports-wagering vendor contracts. Prior to the expiration of any existing contracts, the division must issue an open invitation for new vendor applications and award not less than three (3) but not more than five (5) individual sports-wagering vendor contracts. This provision clarifies that the commission is not directed to award a contract to an unqualified vendor.
The act aims to enhance the regulatory framework surrounding sports wagering in the state, ensuring transparency, security, and responsible gaming practices. The provisions of the bill will 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