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

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(b)  The allocation of online table gaming revenue shall be:

(1)  To the state, fifteen and one-half percent (15.5%) of online table gaming revenue;

(2)  To the state’s authorized iGaming platform vendor, thirty-five percent (35%) of online table gaming revenue;

(3)  To the state’s authorized iGaming game vendor, forty-eight and one-half percent (48.5%) of online table gaming revenue; and

(4)  To the Town of Lincoln and the Town of Tiverton collectively, one percent (1%) of online table gaming revenue, divided whereby the Town of Lincoln receives eighty percent (80%) of such allocation and the Town of Tiverton receives twenty percent (20%) 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 table 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.