License Name
Rhode Island Lottery Sportsbook License
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Issuing Country/Region
Rhode Island, United States
Regulatory Body
Rhode Island Lottery
Types of Regulated Games
Sports betting (retail and mobile), traditional lottery, online slot machines, online table games
Market Coverage
Local (within state of Rhode Island)
Regulator's Reputation
Good
Legal Entity Requirements
Must be registered and authorized to do business in Rhode Island
Minimum Share Capital
Not specified in available sources
Directors and Shareholders Requirements
Principal owners and officers must undergo background check and be acceptable to the Lottery
Anti-Money Laundering (AML) Requirements
Compliance with state AML obligations required
Data Protection Requirements
Adherence to state and federal data protection laws
Reporting Requirements
Regular reporting to the Rhode Island Lottery; frequency not explicitly listed
Audit Requirements
Internal controls and audits in line with government auditing standards
Software Certification Requirements
Not specified in available sources
RNG Certification
Not specified in available sources
Payment System Requirements
No credit cards allowed for funding player accounts
Server Location Requirements
Not specified in available sources
Domain Name Requirements
Not specified in available sources
Language Support Requirements
English (official; no specific requirements found)
Currency Support Requirements
US Dollar (USD)
Legal Compliance Costs
$50 licensing application fee plus background check fee; other costs not specified
Background Checks
National criminal and credit background check on all key persons
License Scope Restrictions
Sole operator model (single platform for online sportsbook); no wagering on in-state college teams
Jurisdictional Tax Compliance
5.99% state tax on player winnings, 24% federal tax also applies
Player Data Storage Requirements
Must comply with state and federal regulations
Cross-Border Operations
Only permitted within state borders (geofencing required)
License Application Transparency
Application and suitability decisions at regulator discretion, background check results direct to the Lottery
Regulatory Contact Point
Rhode Island Lottery Licensing Department
Compliance Officer Requirement
Not specified in available sources
Local Partnership Requirements
Not required; license is for exclusive operator
Legal Dispute Resolution
Governed by Rhode Island law, standard judicial process
License Transferability
Not permitted; license tied to exclusive contract
Sub-Licensing Rules
Not permitted
Video
License Cost
$50 application fee for retailer, background check $35
Annual Fees
Not specified for agent/operator; no separate sportsbook operator licensing
Income Taxes
Operator revenue divided—state: 51%, IGT: 32%, casino (venue): 17%
Player Winnings Taxes
5.99% state tax plus 24% federal tax
Financial Guarantees
Surety bond may be requested for retailer applicants
Liquidity Requirements
Not specified in available sources
Financial Reporting Requirements
Regular financial reporting to the Lottery
Application Processing Time
Not specified in available sources
Required Documents
Application form, notarized release authorization, state ID, IRS letter, W-9, corporate documents, banking details, copy of retail sales permit
Business Plan Requirements
Not specified in available sources
Internal Policy Requirements
Responsible gaming and AML standards required
Testing Requirements
Not specified in available sources
Certification Requirements
Not specified in available sources
Staff Qualifications
Not specified in available sources
Physical Office Requirements
Required for retailers; operator office at Lottery HQ
Local Representative Requirements
Key contact personnel required for each application
Marketing Restrictions
Advertising to minors prohibited, responsible gaming information required
Responsible Gaming Measures
Problem gambling programs established, self-exclusion
Self-Exclusion System
Statewide self-exclusion offered
Age Verification Procedures
Minimum age 18 for lottery, 21 for iGaming
KYC Procedures
Identity and residency verification required
Customer Support Standards
Standard customer support, phone and digital access
Complaint Handling Procedures
Regulator handles escalated player complaints
Player Funds Protection
Not specified in available sources
Payout Timelines
Not specified in available sources
Bonus and Promotion Regulations
Not specified in available sources
Permitted Games List
Defined by Rhode Island Lottery (traditional lottery, retail/mobile sports betting, iGaming slots and tables)
Betting Limits
Not specified in available sources
RTP Requirements
Not specified in available sources
Jackpot Regulations
Not specified in available sources
Live Game Requirements
Live table games regulated through iGaming
Mobile App Compliance
Official mobile app administered by the Rhode Island Lottery/IGT
Affiliate Program Rules
Not specified in available sources
Security Standards
Not specified in available sources
Encryption Requirements
Standard for regulated financial and gambling operators applies
Backup Requirements
Not specified in available sources
Monitoring Systems
Required to ensure geolocation and legal compliance
Operation Logging
Not specified in available sources
Anti-Fraud Systems
Risk management and AML compliance required
API Integration Standards
Not specified in available sources
Hosting Requirements
Not specified in available sources
CDN Usage
Not specified in available sources
Scalability Requirements
Not specified in available sources
Uptime Requirements
Not specified in available sources
Technical Support Availability
Provided by the Lottery and its contractors
License Duration
Determined by contract; current operator exclusive contract extends through 2026
Renewal Procedure
Subject to legislative and Lottery renewal of operational contract
Penalties for Non-Compliance
Fines, license suspension, or revocation per applicable statutes
Ownership Change Rules
Regulator must be notified, suitability re-assessment required
Mergers and Acquisitions Rules
As above, regulatory review of ownership changes
Subcontractor Regulations
Only specified vendors may provide services through exclusive operator
Branding Requirements
State-controlled; no independent operator branding
Intellectual Property Protection
Standard for licensed U.S. gambling
Dispute Arbitration
Judicial recourse under state law
Insurance Requirements
Not specified in available sources
Charity Contributions
Not specified in available sources
Staff Training Requirements
Responsible gaming and compliance training required for staff
Innovation Support
Not specified in available sources
Sustainability Initiatives
Not specified in available sources
Accessibility Standards
Not specified in available sources
Multilingual Support
No formal requirement specified
Cryptocurrency Support
Not permitted; only traditional payment methods allowed
Esports Betting Regulations
Not specifically addressed by regulator
Fantasy Sports Regulations
Not specifically addressed by regulator
Official Address
1425 Pontiac Avenue, Cranston, Rhode Island 02920-4496, United States
Departments
Licensing Department, Compliance and Auditing, Operations
FAQ Question 1
What is Rhode Island Lottery and Sportsbook License?
FAQ Answer 1
The Rhode Island Lottery and Sportsbook License authorizes the operation of state-run lottery games and sports wagering activities within Rhode Island. It covers both retail and online betting platforms operated under the state’s exclusive gaming framework, including traditional lottery draws, instant games, and regulated sports betting.
FAQ Question 2
Which jurisdiction issues Rhode Island Lottery and Sportsbook License?
FAQ Answer 2
This license is issued by the Rhode Island Lottery, which operates under the authority of the State of Rhode Island and is responsible for regulating all lottery and sports wagering activities in the state.
FAQ Question 3
What is the cost of obtaining Rhode Island Lottery and Sportsbook License?
FAQ Answer 3
The Rhode Island Lottery operates sports betting under an exclusive state-run model in partnership with designated vendors, so there is no open market application process for independent operators. Costs for approved vendors are determined through contractual agreements with the state and may include substantial licensing, operational, and revenue-sharing obligations rather than fixed public fees.
FAQ Question 4
What are the main requirements for Rhode Island Lottery and Sportsbook License?
FAQ Answer 4
Key requirements include entering into a formal agreement with the Rhode Island Lottery, meeting all suitability and background check standards, ensuring technical compliance for betting platforms, adhering to financial integrity rules, and implementing responsible gambling measures. License holders must comply with all operational, security, and reporting obligations set by the Rhode Island Lottery and state law.