Rifling does decrease velocity to some degree. Energy from velocity is sacrificed as friction, to cause bullet twist. Tank main guns are a prime example of this. There was a large movement away from rifled barrels to smoothbore in the late 70's and early 80's, starting with the Soviets (to wide derision), the widely copied. As far as I know, at this date, there is only 1 main battle tank using rifled barrels, the British Challenger tank; and only then to maintain the ability to use high explosive "squash head" rounds which are very effective against concrete structures in urban combat.. Which the British would expect to see a lot of in any scenario taking place on the island. Pretty much everyone else uses a smoothbore main gun. This is for a number of reasons....to maintain barrel life, and the ability to fire missiles or flip-fin rounds from the main gun tube....but velocity was a large reason as well. High velocity, depleted uranium core penetrator style sabot rounds use a smooth bore for maximum velocity, as velocity is the only delivery of energy onto target; no explosives. Penetrator style rounds also don't functionally work out of a rifled barrel...When it hits, the tip stops rotating and remains stationary as it penetrates, while the body and tail are still trying to twist...resulting in poor on target performance, and instances where the penetrator literally flies to pieces against the target as it torques apart.
In small arms though I'd expect the difference between smoothbore and rifled barrels to be negligible, and the difference between 1:7 and 1:9 to be almost unmeasurable by your average sportsman.