Rhode Island Mobile Betting Is One Step Closer to Online Registration
If anything, the pandemic has taught a lot of legislators that industries need to be able to easily convert their operations to a digital platform. Especially if you want these businesses to survive during lockdown conditions. And in the case of sports betting, the difference between online access and retail-dependent processes is far and wide. States like New Jersey and Pennsylvania continued to maintain good numbers. This is, of course, despite a decrease in betting action. Especially as the sports industry was also halted. Many have switched to other gambling options. Legislators now, apparently, want people to bet on sports easily, as Rhode Island mobile betting is one step closer to ditching their in-person registration process.
Rhode Island Mobile Betting to Ditch In-Person Registration
Those who want to be a bookie know how accessibility is one of the key features that their players want. The ability to log in, check odds, place bets, and collect winnings online, wherever they are, is a good case to make for online sports betting. In the case of Rhode Island, their current laws require them to register, in person, at a retail sportsbook. They need to do this before they can even log in an online sportsbook.
Again, those who become a bookie with an online sportsbook platform will also know that adding more steps to joining an online gambling site will be detrimental to the business. Which is, evidenced by the huge drop in betting action. Especially in states like Rhode Island, during the pandemic But Senator Dominick Ruggerio and House Speaker Nicholas Mattielo passed a new bill which removes the in-person registration requirement for sports betting.
Online Betting to Boost State Revenue
Just like any pay per head solution provider, most analysts in the industry acknowledge the faster shift to online wagering due to the pandemic. Rhode Island stands to earn money from taxes on revenues from wagering. This is a welcome addition to cash-strapped states. With this bill, it will be easier for people to be able to bet online. Hopefully, this will help increase the sports betting handle in the months to come.
The bill is now heading to the office of Governor Gina Raimondo for her signature. After which, it will pass into law. With a paltry $1.5 million handle in May, June’s numbers may be slightly better. But once the bill passes, industry experts are hopeful that this could be a good boost to the local gambling industry. Especially in the next few months as most professional US sports leagues will be resuming their operations.