Introduction to Rhode Island Slot Machine Casino Gambling 2018
Rhode Island slot machine casino gambling consists of two pari-mutuel racinos having video lottery terminal (VLT) style slot machines along with an additional racino expected to open on October 1, 2018.
Each of the VLTs are regulated by the state lottery agency, which receives a share of each machine’s revenue. All VLTs are programmed to be able to play six or more games, including slots, blackjack, keno, and three versions of poker.
The Twin River Management Group owns and operates the Twin River Casino in Lincoln and the soon-to-be-opened Twin River Tiverton Casino Hotel. On November 15, 2017, Twin River chairman John Taylor spoke about their racino in Lincoln, stating, “Twin River is the seventh largest casino in America right now….”
From mid-2016 through mid-2017, the average payout return for VLTs was 90.91% at Twin River Casino in Lincoln and 91.08% at the Newport Grand Casino.
This post continues the weekly blog series “Slot Machine Casino Gambling, State-By-State“, a year-long online resource project dedicated to guiding slot machine gambling enthusiasts to success.
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Relevant Legal Statutes on Gambling in Rhode Island*
The minimum legal age for all forms of gambling in Rhode Island is 18.
*The purpose of this section is to inform the public of state gambling laws and how the laws apply to various forms of gambling. This information is not intended to provide legal advice.
Slot Machine Private Ownership in Rhode Island
It is legal to privately own a slot machine in the state of Rhode Island.
Gaming Control Board in Rhode Island
The State of Rhode Island’s Department of Business Regulation’s Division of Gaming & Athletics is responsible for the Newport Grand Casino and the Twin River Casino.
It is also responsible for the collection of taxes as mandated by state law. Further,
“The section promulgates rules and regulations for pari-mutuel facility operations; regulates simulcast-wagering operations at licensed pari-mutuel facilities, and oversees the licensing of Newport Grand facility personnel.”
The Rhode Island Lottery is run by the government of Rhode Island, and a charter member of the Multi-State Lottery Association. Since the Lottery was established through constitutional amendment and passed by the Rhode Island state legislature in 1974, it has transferred nearly $7.1 trillion to the State’s General Fund.
Casinos in Rhode Island
The largest casino in Rhode Island and, reportedly, the seventh largest casino in America is the Twin River Casino in Lincoln, located 10 miles north of Providence. It has 4,200 gaming machines and 92 table games.
The racino under construction, the Twin River Tiverton Casino Hotel will be 95,000 square feet, have 1,000 VLT gaming machines, 32 table games, restaurants, and an attached 84-room hotel located on 51 acres. Tiverton is located in the East Bay section of Rhode Island.
The Newport Grand Casino has over 1,000 gaming machines and zero table games. Newport is set on Aquidneck Island, connected by bridge on the northern side of the island by Mount Hope Bridge to the mainland at Bristol.
However, the Twin River Management Group acquired the gambling license for the Newport Grand Casino in 2015, and plans to transfer it to their soon-to-be-opened casino property in Tiverton.
Summary of Rhode Island Slot Machine Casino Gambling 2018
Rhode Island slot machine casino gambling consists of two pari-mutuel racinos having video lottery terminal (VLT) style slot machines. A new racino is expected to open on October 1, 2018, but a currently open racino will close due to transfer of its state gambling license to the new casino property.
Each of the VLTs are regulated by the state lottery agency, which receives a share of each machine’s revenue. All VLTs are programmed to be able to play at least five other games besides slots, including blackjack, keno, and three versions of poker.
Reportedly, the Twin River Casino in Lincoln is the seventh largest casino in America. Also, from mid-2016 through mid-2017, the average payout return for VLTs was 90.91% at Twin River Casino in Lincoln and 91.08% at the Newport Grand Casino.
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Other State-By-State Articles from Professor Slots
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