Bally's Twin River Lincoln Casino Resort - Providence Business News

BALLY'S CORP., which operates the Twin River Lincoln Casino Resort, pictured here, among other casinos nationwide, reported a $567.75 million loss for 2024 in a regulatory filing on March 17. / PBN FILE PHOTO/MICHAEL SALERNO

SEC filing of the week: Bally’s reports $568M loss for 2024

Economic Activity 03/21/2025

PROVIDENCE – Bally's Corp., the operator of Rhode Island's two casinos and more than a dozen other casinos nationwide, reported a $567.75 million loss...

REGIONAL FOCUS: Elizabeth Hulting, left, founder and president of hospitality apparel company KAPTVA Apparel LLC in West Greenwich, and her daughter, Alysha Hulting, designer and artistic director, have been providing uniforms for big-name clients across the casino and fine dining industries in Las Vegas and New York since 2019, but now the company is turning its attention to growing its New England client base. PBN PHOTO/RUPERT WHITELEY

KAPTVA ready to dress up Rhode Island hospitality

Entrepreneurship 02/28/2025

There is a hospitality uniform and apparel company in West Greenwich that you’ve probably never heard of. That’s because KAPTVA Apparel LLC has been providing...

R.I. Lottery sees iGaming record of $97.2M in December

Economy 02/03/2025

PROVIDENCE – Wagers and revenues from iGaming in December 2024 set a new monthly record since the state launched the online platform the previous...

ATTENTION TO DETAIL: Gorilla Gaming co-owner Gretel McCrory works on the factory floor at the Warwick gaming table manufacturer. The company’s attention to detail has caught the eye of big players in the gambling industry, including signing a deal in 2017 to be the official poker table of the World Series of Poker PBN PHOTO/MICHAEL SALERNO

Meet the Makers: Warwick poker table maker has played its cards...

Entrepreneurship 12/20/2024

(Editor’s note: This is the 28th installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...

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

Economy 12/06/2024

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...

IGT assessed penalties for violating terms of lottery contract

Economy 10/08/2024

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...

CCRI cuts ribbon on Bally’s-funded casino training room

Economy 10/04/2024

LINCOLN – The Community College of Rhode Island on Thursday held a ribbon-cutting ceremony at the Flanagan Campus to mark the opening of its...

DEALERS PREPARE for the start of iGaming in a new 4,000-square-foot studio at Bally's Twin River Lincoln casino in March. The company’s North America interactive revenue, which includes iGaming in Rhode Island, was $41.5 million in the first quarter of 2024, up more than 70% from the year prior. / COURTESY BALLY'S CORP.

Bally’s reports $173.9M loss in Q1, says Washington Bridge affected earnings

Economic Activity 05/02/2024

PROVIDENCE – Bally’s Corp. on Wednesday reported a $173.9 million loss in the first quarter, compared with a $178.3 million profit in the same...

Bally’s mulls takeover bid as credit agencies downgrade ratings

Economy 04/02/2024

PROVIDENCE – As the three major credit rating agencies have now downgraded Bally’s Corp.’s financial outlook into junk bond territory in recent weeks, the...