Introduction
This guide is designed to provide context around gambling for parents, teachers, and coaches living and working in Rhode Island to bring awareness to areas of heightened risk for youth and young adults in their lives. Five years after the repeal of the Professional and Amateur Sports Protection Act (PASPA), 38 states have legalized sports betting and enacted diverse regulations governing legalized forms of gambling. The rapid legalization of sports betting presents both benefits and risks. Americans' legal participation in sports betting generated over $12B in revenue in 2024, an increase of over 30% compared to the previous year. States fiscally benefit from this emerging industry which is projected to significantly grow. Rhode Island offers multiple forms of legalized gambling including Lottery, Brick and Mortar Casinos, Online Casino Games (igaming) Online Sports Betting, and Retail Sports Betting, all of which are regulated by the Rhode Island Lottery. The Rhode Island Department of Business Regulation oversees Parimutuel (horse) betting as well as Daily Fantasy Sports (‘DFS’ or ‘Fantasy’). While Daily Fantasy Sports are not legally classified as gambling, these products present risks to users which are similar to gambling.
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