Massachusetts

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The rising number of casinos in New England that’s hurting the Foxwoods Resort Casino is both a threat to table games in Rhode Island and the reason to add more.

Analyst Clyde Barrow said the Foxwoods Resort and Casino in Connecticut has been losing millions of dollars since its peak in 2006. To blame: a slow economic recovery and a growing number of casinos in New England.

Gas Prices Down Four Cents In RI And MA

Jul 29, 2014
RIPR FILE

Good news for drivers in Rhode Island. Gas prices went down four cents in the last week.  The state average for a gallon of regular unleaded now costs $3.64.

That’s according to the latest survey from AAA of Southern New England.

Despite the drop Rhode Island drivers are still paying more than the national average, which is twelve cents cheaper at $3.52.  The current Rhode Island price is still cheaper than the price last year which was sixteen cents more.

The federal government has not asked Rhode Island to shelter some of the migrant children entering the country by the thousands from Central America.  More than 100 are already living in the state.

There are currently 119 kids in Rhode Island.  That’s according to data from the U.S. Department of Health and Human Services. These children were not moved here by the federal government, but placed with sponsors, who are family or friends already living in the U.S. The placement has been happening since January. It’s unclear how long the children will be staying.

UVM/USDA

Hundreds of bright orange and yellow tags will be going up on trees across the state starting Monday to heighten awareness of invasive insects that devastate forests.

The biggest concerns are the Asian Longhorned Beetle and Emerald Ash Borer. That’s because those species have been found in Massachusetts and Connecticut.

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It’s election year in Rhode Island. RIPR political analyst Scott MacKay parses the one issue that never goes away in our small state – casino gambling.

There’s an old gallows humor joke about banks and creditors. If you owe the bank $30,000, the bank owns you. If you owe the bank $300 million, you own the bank.

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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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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.

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 Joe Paolino about plans he and his partners have to revamp Newport Grand. The idea is to turn the struggling slot parlor into an entertainment complex that offers table games, but that all hinges on residents approving the move at the polls.

When to Listen

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

Gas prices have dropped by a penny in both Rhode Island and Massachusetts. The latest survey from AAA Southern New England puts the average gallon of regular unleaded at $3.59. That’s a tiny bit above the national average but lower than what drivers were paying at the pump a year ago. 

Bay State drivers are paying an average $3.51 a gallon. That’s also down a penny from last week.

AAA urges drivers in both Rhode Island and Massachusetts to shop around, since the range in gas prices spans from 21-cents in Rhode Island to 32-cents in Massachusetts.

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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Drivers in Rhode Island and Massachusetts will find gas prices a bit higher this week – up by two cents in Rhode Island. Gas prices in both states are higher than the national average.

Even though prices at the pump took a bigger jump in Massachusetts, on average Rhode Island drivers are still paying more. The latest survey out of AAA Southern New England finds Ocean State drivers paying $3.48 for the average gallon of regular unleaded, while Massachusetts drivers are paying $3.44.

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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.

file / RIPR

Gas prices are up a penny from last week in both Rhode Island and Massachusetts. Drivers have seen gas prices climb by 9 cents over the last month in both the Ocean State and the Bay State, that’s according to the latest survey from AAA Southern New England.

In Rhode Island, the average price for a gallon of regular unleaded is $3.52. It’s cheaper in Mass, at $3.44 a gallon. AAA urges drivers in both Rhode Island and Massachusetts to shop around, since the range in gas prices is about a quarter.

The all-important holiday shopping season is upon us.  November and December sales are make or break months for retailers, representing as much as 20 percent of total annual sales.

The National Retail Federation is forecasting a nearly four percent increase in holiday sales this year. But local retail officials are taking a more cautious approach. Paul DeRoche heads the Rhode Island Retail Federation.

The ancient cliché is that nothing in life is certain except death and taxes. RIPR political analyst Scott MacKay on why it’s time for Rhode Island lawmakers to make a serious study of our state’s tax structure.

With Rhode Island’s economic recovery still trailing our New England neighbors, there is no better time for the General Assembly to launch a measured study of the way we levy the taxes that pay for roads, schools and social services.

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