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TWIN RIVER WORLDWIDE Holdings said that if the company and the recently acquired Dover Downs had been one company in 2018, earnings for 2018 would have been $77 million, as opposed to the $71.4 million the company earned in the calendar year. The acquisition closed in late March. / COURTESY TWIN RIVER

Twin River would have posted $77M profit in 2018 if it...

LINCOLN – Twin River Worldwide Holdings Inc. made a pro-forma filing with the U.S. Securities and Exchange Commission Monday, indicating that had the company...

R.I. sports bettors lose $1.5M amid March Madness

PROVIDENCE – Sports-betting revenue after payouts in Rhode Island was $1.5 million in March, a sharp turnaround from an $890,623 loss in February, according...
GAMBLERS LOST $1.5 million on sports betting in Rhode Island in March. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

R.I. sports bettors lose $1.5M amid March Madness

PROVIDENCE – Sports betting revenue after payouts in Rhode Island was $1.5 million in March, a sharp turnaround from an $890,623 loss in February,...
HASBRO REPORTED a profit of $26.7 million in the first quarter of 2019. / COURTESY HASBRO

Hasbro reports $26.7M profit in Q1

PAWTUCKET – Hasbro Inc. reported a profit of $26.7 million in the first quarter of 2019, a reversal from a $112.5 million loss in...
LEGISLATION ALLOWING for the launch of mobile sports betting in Rhode Island has been passed by the R.I. General Assembly. The governor is supportive of the legislation. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

General Assembly passes mobile betting legislation

PROVIDENCE – The R.I. General Assembly approved legislation to allow mobile sports betting in the state through the Twin River casinos in Lincoln and...
TWIN RIVER WORLDWIDE HOLDINGS has entered into a definitive agreement with affinity Games to acquire three casinos in Colorado. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Twin River enters agreement to purchase 3 Colo. casinos

LINCOLN – Twin Rover Worldwide Holdings Inc. has entered into a definitive agreement to acquire three casinos in Black Hawk, Colo., from Affinity Gaming. Terms...
VISITORS POSE FOR PHOTOS with the Bumblebee character at the Universal Studios Hollywood theme park in California. / BLOOMBERG NEWS PHOTO/PATRICK T. FALLON

Mattel mired in longest slump since 2015, eyes Hasbro licenses

NEW YORK – Mattel Inc. extended its longest streak of daily declines since 2015 after Goldman Sachs analysts cut estimates following the toymaker’s loss...
VISITORS POSE FOR PHOTOS with the Bumblebee character at the Universal Studios Hollywood theme park in California. / BLOOMBERG NEWS PHOTO/PATRICK T. FALLON

Hasbro reboots Transformers for Gen X dads and their daughters

PAWTUCKET – “Bumblebee” – the sixth Transformers movie in 11 years – has been described by Hasbro Inc. executives as setting a new tone, one...
DONALD R. SWEITZER will retire as chairman of IGT on Dec. 31. / COURTESY IGT

IGT Chairman Sweitzer to retire

PROVIDENCE – Donald R. Sweitzer, chairman of  International Game Technology PLC, will retire Dec. 31, the company announced this week. Sweitzer worked at IGT and...
THE 2019 OPEN HOUSE AIR SHOW has been cancelled by the R.I. National Guard due to hundreds of upcoming deployments

WJAR: 2019 Air Show canceled due to deployments

NORTH KINGSTOWN - The 2019 Open House Air Show has been canceled by the Rhode Island National Guard, WJAR-TV NBC 10 reported Thursday. The National...
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