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R.I. sports betting growth stagnates while other states on upswing

PROVIDENCE – Rhode Island had the lowest growth in revenues from sports betting  between 2022 and 2023, decreasing 17% year-over-year, according to an analysis...
SETTING THE TABLE: Patrons at Bally’s Twin River Lincoln Casino Resort play a hand of blackjack. Bally’s Chairman Soohyung “Soo” Kim says he has no plans to abandon the company’s roots in Rhode Island when his hedge fund, Standard General LP, takes ownership. 
PBN PHOTO/MICHAEL SALERNO

HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...

When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...

NCAA president urges state lawmakers to ban prop betting on college...

The NCAA wants states with legal wagering on sporting events to ban prop bets on college athletes. "Sports betting issues are on the rise across...
BALLY'S CORP. CASINO EXECUTIVES and state officials, including Gov. Daniel J. McKee, left, gather in 2021 outside Bally's Twin River Casino and Hotel in Lincoln to mark the start of a $100 million expansion project at the casino. / PBN FILE PHOTO/MARC LAROCQUE

Can R.I. afford to say ‘no’ to Bally’s iGaming proposal?

The inextricable ties between Bally’s Corp. and state government will be on display as the General Assembly vets a request from the operator of...
RISKING IT: A customer receives a betting ticket in the sports betting lounge at the Tropicana casino in Atlantic City, N.J., recently. American gamblers have wagered over $125 billion on sports with legal betting outlets in the four years since the U.S. Supreme Court cleared the way for states to offer legal sports betting.  / AP PHOTO/WAYNE PARRY

In just four years, effects of sports betting widespread

On the anniversary of the decision in a case brought by New Jersey in mid-May, two-thirds of the states in the country have legalized...
THE VIDEO LOTTERY TERMINALS at Newport Grand. Newport Grand and Twin River Casino contribute $1 billion in economic activity in Rhode Island, according to a report released Thursday from the American Gaming Association. / PBN FILE PHOTO/KATE WHITNEY LUCEY

Report: Casinos in R.I. contribute $1B in economic activity

PROVIDENCE – The two commercial casinos in Rhode Island contribute $1 billion in economic activity, and gaming supports 5,496 jobs, which pay more than...
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