Chapter 181 |
2021 -- S 0966 SUBSTITUTE A AS AMENDED Enacted 07/06/2021 |
A N A C T |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- VIDEO-LOTTERY GAMES, TABLE GAMES AND SPORTS WAGERING |
Introduced By: Senators Paolino, and Pearson |
Date Introduced: June 17, 2021 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 42-61.2-5 of the General Laws in Chapter 42-61.2 entitled "Video- |
Lottery Games, Table Games and Sports Wagering" is hereby amended to read as follows: |
42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue. |
(a) Notwithstanding the provisions of ยง 42-61-15, the division of lottery is authorized to |
enter into an agreement to allocate sports-wagering revenue derived from sports wagering and |
online sports wagering at the hosting facilities between the state, the state's authorized sports- |
wagering vendor, and the host facilities. The allocation of sports-wagering revenue and online |
sports-wagering revenue shall be: |
(1) To the state, fifty-one percent (51%) of sports-wagering revenue and online sports- |
wagering revenue; |
(2) To the state's authorized sports-wagering vendor, thirty-two percent (32%) of sports- |
wagering revenue and online sports-wagering revenue; and |
(3) To the host facilities, seventeen percent (17%) of sports-wagering revenue and online |
sports-wagering revenue. |
(b) Sports-wagering revenue and online sports-wagering 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. |
(c) The town of Lincoln shall be paid an annual flat fee of one hundred thousand dollars |
($100,000) two hundred thousand dollars ($200,000) and the town of Tiverton shall be paid an |
annual flat fee of one hundred thousand dollars ($100,000) two hundred thousand dollars |
($200,000) in compensation for serving as the host communities for sports wagering. |
SECTION 2. This act shall take effect on July 1, 2021. |
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LC002980/SUB A |
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