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 security for cash handling, and establishing age restrictions for participants.

Additionally, the bill introduces a new requirement that, after July 1, 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 at least five individual sports-wagering vendor contracts. This requirement ensures that contracts are awarded to qualified vendors.

The act is set to take effect upon passage.

Statutes affected:
6048: 42-61.2-3.3