The state of Rhode Island finally made some changes to the sports betting bill that was passed a year ago, and it should lead to a boom in the industry. Mobile sports betting has been legalized for more than a year, but there were some major flaws in how the industry worked and operated.
Bills SB 2919 and HB 8097 were both signed into law on Thursday by Governor Gina Raimondo. These new bills will allow customers to sign up for a new sports betting account without having to visit one of the casinos first.
These two bills both generated plenty of support in each chamber of the legislature, and the votes were overwhelming. These new laws should see several new bettors join the industry, which will produce a ton of revenue for the state.
There are only two casinos in the state of Rhode Island, and both casinos were shut down for more than three months during the coronavirus pandemic. This kept new customers from registering for new accounts, which limited the amount of money that the state was bringing in.
Remote registration will be available in about a month, and that should give customers plenty of time to get signed up before the start of the 2020 NFL season. IGT is the provider of sports betting in the state of Rhode Island, and they have announced that they will be able to roll out their mobile registration soon.
Why Remote Registration Now?
The state of Rhode Island recognized that customers were not willing to visit a casino to complete the registration process. Residents of Rhode Island have requested that this requirement be lifted, and they are finally getting their wish.
The Rhode Island Lottery is expected that thousands of new customers will sign up for a new sports betting account now that the in-person requirement is lifted. There are already more than 14,000 customers that have begun the registration process, but they never went to the casino to complete the process.
Sports betting customers in Rhode Island have only activated about 45 percent of all downloads. That’s well below the national average, and it’s clear that the in-person registration requirement was holding the industry back.
The coronavirus pandemic has kept the state from bringing in a ton of revenue, but it has also helped get this new law passed. By allowing customers to complete the registration process online, it will also keep large groups from gathering at the casinos and will cut down on the risk of spreading the coronavirus.
Rhode Island is not the only state that has recently relaxed the registration requirements when creating a sports betting account. Illinois Governor JB Pritzker issued an executive order that changed the way players can sign up in Illinois, and it is expected to have a huge effect on the industry.
Nevada is the only state that still requires in-person registration, and the online sports betting market in that state continues to fall below industry standards.