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HASBRO'S SECOND-QUARTER profit totaled $13.4 million. In the fall of 2017 the company held HasCon, an event that showcased Hasbro's brands - including Monopoly - and licensed products. / PBN FILE PHOTO/NICOLE DOTZENROD

Hasbro profit declines on pension settlement while sales push up

PAWTUCKET – Hasbro Inc. reported a profit of $13.4 million in the second quarter, a 77.7% decline from the same 2018 period. Earnings per diluted...
HASBRO IS LOOKING to grow its top and bottom lines with a decades-old game, Magic: The Gathering. But unlike tournaments in which players use paper cards, Hasbro has digitized the game and is informally naming it Arena. The company expects to be attracting millions of players in the next few years. / BLOOMBERG NEWS PHOTO/MARK ABRAMSON

Move over Monopoly: Hasbro’s next big growth engine Is Magic

NEW YORK – In the battle for gaming dominance, Hasbro Inc. has what it hopes is an ace up its sleeve – in a deck...
CASH COLLECTIONS FOR RHODE ISLAND through the first 11 months of fiscal 2019 are ahead of the pace set for the same time period in fiscal 2018. / PBN FILE PHOTO/ARTISTIC IMAGES

State cash collections through May of FY2019 grow despite month’s drop

PROVIDENCE – General revenue cash collections in Rhode Island in fiscal 2019 through May have totaled $3.6 billion, a 6.9% increase over the same...
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PBN on WJAR-TV, July 1, 2019

As it readies for growth nationally, Twin River sees sports betting as a link to a younger demographic at home.Every week, PBN Editor Mark...
MAKING MOVES: Installing Marc Crisafulli, above, as president of Rhode Island ­operations for Twin River Worldwide Holdings is the latest move by the entertainment company. Twin River is now publicly traded, is moving its headquarters to downtown Providence and looking to expand outside the Ocean State. 
 / PBN PHOTO/MICHAEL SALERNO

Twin River eyes younger bettors

Marc Crisafulli, the newly named president of Rhode Island operations for Twin River Worldwide Holdings Inc., oversees activities at its two local casinos at...
SPORTSBOOK: Guests relax in a lounge at the sportsbook at the Twin River Casino Hotel in Lincoln. The casino’s sports-betting venue opened in late November and, together with the sportsbook at Tiverton Casino Hotel, which opened a week later, generated nearly $624,000 through March.  
 / PBN PHOTO/MICHAEL SALERNO

Delays, misjudgment hamper R.I. take from sports betting

Sports gambling is still projected as a strong revenue source for Rhode Island, but not an annual fix for whatever ails the state budget.A...

R.I. has second-highest spending per capita on lottery in 2017

PROVIDENCE – Rhode Islanders spent $502.01 on the lottery per capita in 2017, the second-highest amount in the nation only to Massachusetts, according to...
A POTENTIAL secondary stock offering from Twin River Worldwide Holdings Inc. has been canceled.

Twin River cancels secondary stock offering

PROVIDENCE – A potential secondary stock offering from Twin River Worldwide Holdings Inc. has been canceled due to the withdrawal by selling existing shareholders,...

Global gaming company IGT launches PlayBingo in Norway

PROVIDENCE – International Game Technology PLC announced that Norway’s state lottery operator has launched IGT’s new digital PlayBingo platform.The platform was awarded to IGT...
RHODE ISLAND had the second-highest per capita expenditure on lottery in the nation in 2017. / BLOOMBERG NEWS FILE PHOTO/TIM BOYLE

R.I. has second-highest spending per capita on lottery in 2017

PROVIDENCE – Rhode Islanders spent $502.01 on the lottery per capita in 2017, the second-highest amount in the nation only to Massachusetts, according to...
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