Rhode Island Mobster Arrested After Winning $1.2M at Bally’s Casino
A Rhode Island mobster has reportedly doubled $630,000 at Bally’s Casino and Resort in Lincoln, reports say.
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A Rhode Island mobster has reportedly doubled $630,000 at Bally’s Casino and Resort in Lincoln, reports say.
Rhode Island senators believe its time to allow more online sportsbooks to enter the state.
The Commodity Futures Trading Commission (CFTC) is responding with a lawsuit to legal action levied against two prediction markets by Rhode Island’s attorney general.
Rhode Island Attorney General Peter F. Neronha sued prediction market operators Kalshi and Polymarket in state court on Thursday, alleging their sports event contracts violate state gambling laws because they function like traditional sports betting.
The attorney general of Rhode Island, Peter Neronha, has launched a lawsuit against prediction markets despite pushback from the CFTC and private companies.
Rhode Island is the latest state to take legal action against prediction markets that offer sports event contracts resembling state-sanctioned online sports wagers.
Bally’s Corporation is continuing to solidify its footprint in Rhode Island’s commercial gaming market after being awarded a vendor license to expand its presence in the state.