General Treasurer Gina Raimondo joins Political Roundtable this week to discuss 2014; the health of the state pension plan; her views on boosting Rhode Island's economy; and whether adding table games is the best way for the state to protect one of its largest revenue sources.
(PROVIDENCE, RI) Once again, it was a busy year in the Ocean State, and Rhode Island Public Radio’s counting down the top ten news stories of 2012. At number 2 is the split vote to expand gambling at one video slot parlor, but not at another.
In November, Rhode Islanders voted to expand gambling to include casino-style games at Twin River. The vote received overwhelming support in Twin River’s host community of Lincoln.
Almost 48,000 winning Powerball tickets were sold in Rhode Island, although most were for the princely prize of $4, according to the state Lottery. Take away the $2 per-ticket cost, and the net gain for the vast bulk of winners was $2.
That’s a far cry from $587.5 million jackpot that sparked fevered dreams across the land of striking it rich. (Two winning jackpot tickets were sold, one each in Arizona and Missouri.)
In a scathing news release, Narragansett Chief Sachem Matthew Thomas outlines a litany of grievances involving Rhode Island’s likely expansion of state-sponsored gambling and calls for a meeting with Governor Lincoln Chafee, House Speaker Gordon Fox, and Senate President Teresa Paiva Weed “to address this disgraceful situation.”