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Bill allowing wagers on R.I.-based college sports teams passes Senate

PROVIDENCE – The Senate on Tuesday approved legislation that would allow for wagers to be placed on Rhode Island-based college sports teams or on...

Judge affirms placing Massachusetts tribal lands into trust 

BOSTON (AP) – A federal judge has ruled against a group of Taunton residents who sued the federal government in an effort to prevent...
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 LARGEST SHAREHOLDER of Bally's Corp. has offered to buy all outstanding shares of the publicly traded company that owns Bally's Twin River Lincoln Casino Resort and Bally's Tiverton Casino & Hotel. / PBN FILE PHOTO/PAMELA BHATIA

Hedge fund proposes $1.7B buyout of R.I.-based Bally’s

PROVIDENCE – A hedge fund and largest shareholder of Bally's Corp. – the Rhode Island-based company that operates the state's only two casinos –...
REVENUE STREAM: Two people try their luck at video slot machines at Bally’s Twin River Lincoln Casino. Revenue generated through slot machines and table games at Rhode Island’s two casinos, in combination with lottery tickets and drawings, is one of the biggest sources of funding for the state’s $13 billion budget. / PBN PHOTO/
MICHAEL SALERNO

ALL IN with Bally’s: But how risky is R.I.’s heavy reliance...

Rhode Island has come to rely heavily on Justin Kane and other recreational gamblers like him. Kane, a Providence real estate investor, likes to blow...
TIME TO HEDGE? Rhode Island is the national leader in per capita revenue collected from gambling. Most state leaders, however, say they are unconcerned about the state’s dependence on the industry and the one company, Bally’s Corp., that has a local monopoly on it. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. leaders need to see the risk in dependence on gambling...

Nevada may be the nation’s gambling mecca, but it still trails runaway national leader Rhode Island in per capita revenue collected from gambling. Yet, as...
A NEW REPORT commissioned by the R.I. Department of Revenue says the state could gain $18.5 million per year in general revenue from iGaming. This image shows a free money mobile slot game offered through Bally's Twin River Lincoln Casino. / COURTESY BALLY'S CORP.

Report: iGaming revenue would add $18.5M per year to R.I. budget

PROVIDENCE – If Rhode Islanders were allowed to use their phones and laptops to play government-regulated online slot machines, table games and poker, the...
TAKING THE RISK: A gambler places sports bets at Bally’s casino in Atlantic City, N.J., earlier this month. The American Gaming Association projects that 45.2 million Americans will bet on NFL games this season. / AP PHOTO/WAYNE PARRY

Legal sports betting spreading across U.S.

EAST RUTHERFORD, N.J – More than half of the United States now offers legal sports betting, just three years after it was allowed by...
THE R.I. SENATE approved legislation Tuesday that would pave the way for the state's 20-year lottery agreement with International Game Technology PLC and Bally's Corp. / PBN PHOTO BY CASSIUS SHUMAN

GA approves 20-year IGT/Bally’s lottery agreement

PROVIDENCE – The Senate on Tuesday voted, 28-5, to approve the IGT/Bally's Corp. agreement for a 20-year deal to run state-sponsored gambling services. Passage of...
NEW TAX LEGISLATION could make buying sugary soft drinks costlier in Rhode Island, leading to debate over the measure’s potential positive effects on health and negative effects on the economy. / PBN FILE PHOTO/NICOLE DOTZENROD

House passes 20-year deal to run state-sponsored lottery

PROVIDENCE - The House on Tuesday approved an agreement with International Game Technology PLC, and its partner, Bally's Corp., for a 20-year deal to...
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