Sports Betting in Rhode Island
Fully LegalLast verified: April 2026
Quick answer: Rhode Island bettors have access to 1 licensed sportsbook, 7 CFTC-regulated prediction markets, 4 peer-to-peer sweepstakes exchanges.
Licensed Sportsbooks
State-licensed regulated sportsbooks. Operator tax rate: 51%. Online betting legal since September 2019.
Prediction Markets
Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.
Peer-to-Peer Sweepstakes Exchanges
Dual-currency model. Trade directly against other users instead of against a sportsbook.
Legal Status
Monopoly operator (Twin River Casino). Age 18+ betting. Originally required in-person account setup (suspended). Extremely high tax rate.
Online sports betting has been legal in Rhode Island since September 2019.
Tax Information
51% — tied for highest rate nationally.
College Betting Restrictions
No in-state college bets. No college player props.
How DawBets Helps Rhode Island Bettors
DawBets compares odds across every sportsbook available in Rhode Island in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.
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