Updated July 2 at 1:17pm
Entertainment
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(Updated, 11 a.m.) GTECH S.p.A. has agreed to purchase International Game Technology Inc., a gaming entertainment company headquartered in Las Vegas, for approximately $4.7 billion in cash and stock, merging the two companies under a newly formed U.K. holding company. more
(Updated 3:18 p.m.) Subject to regulatory approvals, Twin River’s management group will buy the Newport Grand Casino. more
Alex Rodriguez hit his 660th career home run Friday night, tying Willie Mays for fourth on the all-time list. The next day, New York Yankees general manager Brian Cashman confirmed what we’d been hearing for months: The team will not pay the $6 million bonus that’s part of Rodriguez’s incentive package for hitting milestone home runs. more
Jordan’s Furniture and Something Fishy have joined forces to offer customers aquarium furniture made in Rhode Island. more
GTECH S.p.A. has announced the successful pricing of a series of senior secured notes equivalent to approximately $5 billion to help finance the acquisition of International Game Technology. more
Pine Oaks Golf Course was recognized as one of the top 100 club fitters of the year in the United States for 2014, according to golf club manufacturer Ping. more
The Pawtucket Country Club has been purchased by three members for an undisclosed price. more
The promoter of “Ironman” events will forfeit $2.8 million raised from an illegal lottery that gave athletes a chance to enter its annual championship in Hawaii. more
The R.I. Convention Center Authority buildings are not contributing as they should to the economic vitality of Rhode Island, according to a report issued Wednesday by a coalition of Republican lawmakers. more
Providence is one of America’s eight most overlooked small cities, according to the website Thrillist, which looked at cities with populations between 100,000 and 300,000 that “just haven’t gotten the national love and attention they deserve.” more
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