In what would be a serious threat to Rhode Island’s state gambling revenue stream, Fall River is eyeing yet another attempt to enter the casino market.
Mayor William Flanagan has scheduled an announcement for Tuesday on a deal for a $750 million casino in the seen-better-days onetime textile center in southeastern Massachusetts that practically straddles the R.I. border, according to several Massachusetts media outlets, including WBUR.
Partnering with Fall River would be Foxwoods, the Connecticut-based tribal gambling empire.
More bad news for Rhode Island gambling venues: Connecticut’s Mohegan Sun casino has announced a major retail expansion at its flagship property in Uncasville, Conn. The new retail destination will have 200,000 square feet of entertainment, shopping and dining. The new facility will be located next to the Winter Garage. Construction is slated to begin later and the space is scheduled to open in early 2015.