The Attorney General of Rhode Island, Peter Neronha, filed a lawsuit on May 21 against Kalshi and Polymarket, accusing the platforms of offering illegal sports betting under...
Bally’s granted Rhode Island’s 2nd sports betting license
Rhode Island Lottery has selected Bally’s as the second operator to launch regulated online sports betting in the state after International Game Technology (IGT).
Two operators had applied for the second license before the February 2026 deadline, which were Bally’s and Rush Street Interactive; however, the state moved forward with Bally’s, with its website set to launch in November 2026. It’s expected that the operator will offer its online product for five years initially, with a possibility to extend for an additional five years after the first period ends.
Bally’s spokesperson, Patti Doyle, commented:
“Bally’s is thrilled to have been awarded a second sports betting license by the State of Rhode Island. We appreciate the confidence and trust the State has placed in our ability to provide a best-in-class product – built for scalability, innovation, and the evolving demands of modern bettors – which will generate additional revenue to benefit the Rhode Island taxpayers.”
Bally’s currently has two physical sportsbook locations in Rhode Island, including Bally’s Lincoln and Bally’s Tiverton venues, but a formal contract hasn’t yet been finalized for a clear date for the online sportsbook launch.
Rhode Island has one of the highest tax rates on online sports betting in the United States, standing at 51%, with the Lottery believing that this is one of the main reasons why other major operators haven’t applied for a license.
Bally’s has shared its Q1 2026 results, reporting $755.7 million in quarterly revenue, a 28.3% year-on-year growth, as a result of strong performance in Bally’s International...
