What Is The Rhode Island May Be On Its Way To Legalizing Online Casino Gambling, The Reason? Rhode Island officials are looking for legitimate ways to supplement the budget deficit. One of the options the officials are pursuing is the legalization of online gambling. Whether this will help Rhode Island casino industry, time will tell. In May last year, the state’s lottery department records decreasing revenue. Above all, this is a clear indication that something needs to be done. It is such things that the state is acting on.
Why Will Will Rhode Island Legalize Online Gambling?
The aim is to look for a href=”http://www.golocalprov.com/news/is-rhode-island-looking-to-legalize-online-casino-gambling-to-fill-budget-g” target=”_blank” rel=“noopener”>legitimate means to fill the deficit in the budget. Last year, many of the segments in the lottery department record diminishing numbers. Above all, this is not going well with the biggest office in Rhode Island. Gaming is one of the biggest sources of revenue. In fact, it is in the top 5 list. So, you can imagine how devastating it can be if one of the pillars of revenue collapses. Find US casinos by state over here.
As we speak, the question of whether to legalize online gambling is before the U.S. Supreme Court. So, there is nothing much anyone can speak about the ongoing case. Everyone living in the U.S. is waiting. Every person wants to know whether the U.S. Supreme Court will uphold the lower court. What is more, every person wants to know whether the highest court will find the two parties wrong.
The parties that people want to know are the Federal Law and PASPA. If the case results in favor of the majority of many Americans, Rhode Island will also benefit. If the latter happens, several states in the U.S. will start to come up with legislation. Remember that many states are eagerly waiting for the ruling. Houses and Senates across the country will then be full of business. Respective chamber members will try to come up with legislation. The aim is to try and make real money gambling online the number one revenue source.
The Speaker of the House in Rhode Island Optimistic
The Speaker of the House in Rhode Island is specifically optimistic. He says that he is eagerly waiting for the ruling. He doesn’t know how the justices will decide. But he says he will be happy if the court decides against PASPA and the Federal government. Nick Mattiello says this on Sunday about his feelings on the case.
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U.S. Supreme Court issues a favorable ruling to legalize sports betting?
“If the U.S. Supreme Court issues a favorable ruling to legalize sports betting I will be happy. Even if it is in New Jersey. This is what people expect. It will be interesting to see how legislation works here in Rhode Island. Many details will be ready. I’m talking of things such as where the betting would take place. I am certainly open to the possibilities here. I will work with the Lottery Commission to make sure everything is appropriate,” Mattiello tells GoLocal.
He adds that he is not sure of certain things. “I’m not sure on the timing of the Supreme Court ruling. If I am, I will tell you a lot. I don’t know if this will be in place for the next fiscal year’s budget,” adds Mattiello. Like many states, Rhode Island casino sector will do better if the ruling is in favor of many states.