This bill aims to restate and consolidate the existing UTGR Master Contract and the Twin River-Tiverton Master Contract into a new Consolidated Marketing Program. It will streamline the marketing efforts associated with both entities. The bill includes definitions and terms related to the marketing programs, such as the "Adjustment Amount," which is linked to the consumer price index, and the "Marketing Cap," which is established at $27,250,000 and will be adjusted annually.

Furthermore, the bill specifies that the Division of the State Lottery will reimburse marketing expenditures incurred by both UTGR and Twin River-Tiverton, with total reimbursements capped at the Marketing Cap for each Marketing Year.

The bill also modifies the Supplementary Promotional Points Program for Twin River, allowing UTGR to distribute promotional points up to 16% of the previous year's net terminal income, with a combined cap of 20% of the average net terminal income over the past three years, plus an additional $750,000. The distribution of promotional points will be adjusted annually for inflation starting in 2027.

The act will take effect upon passage, ensuring the prompt implementation of the new provisions and the consolidated marketing program.