IGT 'refreshed' the Sportsbook RI app in February and has agreed to do so at least once more during the new contract, the Lottery said. 'Now that most New England states have sports betting operational, the extension affords the Lottery the time necessary to conduct a regional market assessment and economic analysis of the current sports betting operating model.” “The state has a valued and dependable partner in IGT,' Lottery Director Mark Furcolo said. Over the intervening three years the Lottery will conduct a 'regional market assessment will be conducted to ensure the state’s retail and mobile sports betting products are effectively generating revenue and to assess the effectiveness of the current sports betting operating model,' the Lottery said in a news release. IGT was the sole bidder for the mobile betting contract and over the years some Rhode Island gamblers have called for access to some of the numerous other betting sites that operate in other states.Īs it extended IGT's contract, the Lottery opened the door to a different mobile sports betting operation at some point beyond Nov.
The Lottery did not offer an estimate of how much revenue the three-year extension would likely generate for IGT, which also has an exclusive 20-year contract to provide the technology for state gambling operations. More: Here's why you can't put a bet on the PC Friars during the NCAA's March Madness in RI
