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A BIG VACANCY: The 88-room hotel on the property of the Bally’s Tiverton Casino & Hotel has remained unused since 2020, when the COVID-19 outbreak led to its sudden closure. 
PBN FILE PHOTO/DAVID HANSEN

Nearly 5 years later, Tiverton casino hotel still empty

Tiverton won a lottery in 2018 when, after the closure of the Newport Grand slot parlor in Newport, the town became one of only...

Bally’s stockholders approve merger with Standard General L.P.

PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...

Bally’s Corp.’s ‘Pink Your Drink’ campaign raises $12.5K

PROVIDENCE – Bally’s Corp.’s inaugural “Pink Your Drink” campaign last month raised $12,500 to support the American Cancer Society’s push to end breast cancer. The...

SEC filing of the week: Bally’s sells Asian digital business

PROVIDENCE – Bally's Corp. has agreed to sell its digital interactive business in Asia and some other international markets. In its filing with the Securities...
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...
NEW PLAYERS: Bally’s Corp., which operates the Twin River Lincoln Casino Resort pictured above, has agreed to a buyout by its largest shareholder, a hedge fund. Its lottery partner, International Game Technology PLC, is selling its gaming and digital business to a private equity firm. 
PBN FILE PHOTO/­MICHAEL SALERNO

Trust, but verify gaming industry jobs, revenue

Rhode Island long ago made its bet on gaming revenue flowing indefinitely into state coffers. That leaves state leaders with little choice but to...

Bally’s sees Q3 losses grow to $247.9M

PROVIDENCE – Bally’s Corp. reported a loss of $247.9 million in the third quarter of 2024, after reporting a $61.8 million loss in the...

Bally’s taps new general manager of Rhode Island casino operations

PROVIDENCE – Michael Monty, Bally's Corp former director of corporate finance from 2018 to 2020, has been named vice president and general manager of...

Bally’s Corp. launches ‘Pink Your Drink’ campaign to support American Cancer...

PROVIDENCE – Bally’s Corp., which operates casinos in Lincoln and Tiverton, has launched a new annual campaign to support the American Cancer Society’s push...

IGT assessed penalties for violating terms of lottery contract

PROVIDENCE – IGT Gaming was assessed financial penalties by the R.I. Lottery for noncompliance with several benchmarks required under its 20-year contract to be...
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