(a)  Notwithstanding the provisions of § 42-61-15, the division of lottery is authorized to enter into an agreement to allocate online slot gaming revenue among the state, the state’s authorized iGaming platform vendor, and the state’s authorized iGaming game vendor.

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Terms Used In Rhode Island General Laws 42-61.2-5.1

  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9

(b)  The allocation of online slot gaming revenue shall be as follows:

(1)  To the state, sixty-one percent (61%) of online slot gaming revenue;

(2)  To the state’s authorized iGaming platform vendor twenty-two and fifty-five hundredths percent (22.55%) of online slot gaming revenue;

(3)  To the state’s authorized iGaming game vendor fifteen percent (15%) of online slot gaming revenue; and

(4)  To the Town of Lincoln and the Town of Tiverton collectively, one and forty-five hundredth percent (1.45%) of online slot gaming revenue, divided whereby the Town of Lincoln receives seventy-seven percent (77%) of such allocation and the Town of Tiverton receives twenty-three percent (23%) of such allocation; provided that the amounts received under this subsection shall be credited towards the Lincoln Minimum and Tiverton Minimum, respectively, pursuant to § 42-61.2-7.

(c)  Online slot gaming revenue allocated to the state shall be deposited into the state lottery fund for administrative purposes and then the balance remaining into the general fund.

History of Section.
P.L. 2023, ch. 135, § 5, effective March 1, 2024; P.L. 2023, ch. 158, § 5, effective March 1, 2024.