State must OK Bally’s sale of casino properties

BALLY'S ON June 28 agreed to sell both the property and buildings of Twin River Casino in Lincoln and Bally’s Tiverton Casino & Hotel in Tiverton for $1 billion. Bally’s will lease back both Rhode Island properties and continue to own, control and manage all the gaming operations of the facilities. Pictured above is Bally’s Tiverton Casino & Hotel in Tiverton. / PBN FILE PHOTO/DAVE HANSEN
PROVIDENCE – Bally’s Corp. must get the state’s approval of its planned sale of the property and buildings of Twin River Casino in Lincoln and Bally’s Tiverton Casino & Hotel in Tiverton for $1 billion, according to a spokesman for the R.I. Lottery. “Under state law, any sale of the casino buildings and any potential…

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