casino gambling

Economy
9:21 am
Thu July 10, 2014

Bills Signed Aimed At Making Twin River More Competitive

Twin River in Lincoln, RI can now extend up $50,000 lines of credit, and start serving alcohol at 6AM on Fridays and Saturdays.
Credit RIPR FILE

Governor Lincoln Chafee signed several bills designed to attract more gamblers to Twin River Casino.  The Lincoln casino is one of two in Rhode Island, and the only one with table games.

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Economy
10:13 am
Mon June 30, 2014

Massachusetts Ruling Could Be A Big Win For RI's Gaming Industry

Twin River in Lincoln is currently the only casino in the state to offer table games. Voters rejected the proposal for Newport Grand.
Credit RIPR FILE

Rhode Island’s gaming industry may get a major boost. Massachusetts residents will decide if they want to get rid of all casino gambling in the Commonwealth.  Massachusetts casinos would pose direct competition to the Ocean State’s gaming revenue.

Two casinos have already been approved in Massachusetts: a resort-style in Springfield and a slot parlor in Plainville. The slot parlor would be fewer than twenty miles from Rhode Island’s Twin River casino in Lincoln.  But the new ruling could allow Commonwealth voters to stop that project dead in its tracks.

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RI News
9:09 am
Thu May 29, 2014

Newport Residents May Vote Once Again On Table Games At Newport Grand

The Newport City council has approved a resolution that could put table games back on the ballot. The council will ask the General Assembly to put the question to Newport voters.

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The Bottom Line
1:50 pm
Fri March 28, 2014

The Bottom Line: How Twin River Will Compete With Gambling In MA

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment The Bottom Line.

This week Dave and Mark talk with Twin River Chairman John Taylor. They discuss where Massachusetts is looking to put a slot parlor and casinos and what that means for Twin River’s bottom line.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@ripr.org

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Economy
8:51 am
Tue January 28, 2014

What Casinos In Massachusetts Could Mean For RI's Gaming Industry

Casinos in Plainville or Fall River Mass. could spell the end for Twin River in Lincoln or Newport Grand respectively.
Credit Wikimedia Commons

Rhode Island’s gaming industry is keeping a sharp eye on what’s happening in Massachusetts as the state’s gambling commission works out where to license up to three resort-style casinos and a slot parlor.

Rhode Island pulls in enough money from Twin River and Newport Grand to make gaming the third largest source of revenue for the state. Casinos in Massachusetts threatens that revenue.

So how close is Massachusetts to having casino gambling? Rhode Island Public Radio's Elisabeth Harrison spoke with The Boston Globe’s Mark Arsenault to find out.

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RI News
8:41 am
Thu July 11, 2013

Twin River Sees Its First Arrest Connected to Table Games

Twin River Casino opened table games last month.
Credit Flo Jonic / RIPR

State Police have made their first arrest at Twin River Casino connected to the Las-Vegas style table games that opened there last month.

46 year old Steven Sabitoni of Lincoln has been charged with larceny for stealing $250 worth of chips from a blackjack table.

Detectives verified the theft by viewing casino surveillance footage.

Twin River has permanently banned Sabitoni from the casino premises.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@ripr.org

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RI News
8:42 am
Thu June 20, 2013

Table Games Open at Twin River Casino

Wednesday was a pivotal day in the history of Twin River.  With the introduction of table games, the former dog racing park – turned – slots parlor is now the state’s first full fledged casino.

Wielding pruning shears, Governor Lincoln Chafee and other dignitaries cut a giant red ribbon, signaling the start of table games at Twin River.

Earlier, the Governor betrayed his bias for another type of gambling when he listed the games now available at Twin River.

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RI News
9:30 am
Wed June 19, 2013

Windfall Expected From Table Games Opening at Twin River

Twin River Casino will start table games like blackjack and poker on Wednesday.
Credit Flo Jonic / RIPR

Rhode Island expects to pocket six-and-a-half million dollars just from table games in the next fiscal year.

Fred Carstensen  is an economist at the University of Connecticut who has been studying casino gambling in that state. He said as casinos open in Massachusetts, Rhode Island should expect to get a smaller piece of the casino pie.

"It’s not a bottomless pit, you’re shifting money away from other activities and frankly it doesn’t really create value," said Cartensen.

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Politics
7:26 am
Wed June 19, 2013

Rhode Island Gaming May Take a Hit Once Massachusetts Casinos Open

Paul Dion of the Rhode Island State Department of Revenue.
Credit John Bender / RIPR

Casino gambling just like in Las Vegas is scheduled to begin Wednesday at Twin River in Lincoln.

The one-time dog track has become the first venue ever in Rhode Island to offer table games thanks to voters, who approved the change to stave off competition from new casinos proposed for Massachusetts.

Gambling is a major part of the state budget, and to better understand how games like blackjack and roulette will affect the budget, Rhode Island Public Radio's Elisabeth Harrison sat down with Paul Dion from the State Department of Revenue.

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On Politics
4:02 pm
Mon June 17, 2013

The new Rhode Island: Gambling is us

There’s an old chestnut in banking: If you owe the bank $10,000, the bank owns you. If you owe the bank $100 million, you own the bank.

That’s pretty much what has happened in Rhode Island state government’s quest to regulate the state-sponsored gambling emporiums at Newport Grand and at Twin River (aka Twin Rivahs in Vo Dilundese) in Lincoln.

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