This act would restate the UTGR Master Contract and the Twin River-Tiverton Master Contract, consolidating their marketing programs into a new framework known as the Consolidated Marketing Program. The bill establishes key terms related to the marketing programs, including "Adjustment Amount," "Adjustment Date," and "Marketing Cap," which will guide the financial aspects of the marketing efforts and outline how marketing expenditures will be reimbursed by the state lottery division.

Furthermore, the act authorizes the Division to enter into the Consolidated Master Contract within 90 days of its enactment, facilitating the consolidation of marketing programs and the establishment of reimbursement terms based on the calculated Marketing Cap. It also clarifies that any conflicting provisions between the new contract and existing laws will be resolved in favor of the new act. This legislation is set to take effect immediately upon passage.