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IGT loses $282M in Q2, stymied by casino closures amid pandemic

PROVIDENCE – International Game Technology PLC this week reported a $282 million loss in the second quarter, or $1.37 per diluted share. IGT said it...
GOV. GINA M. RAIMONDO announced plans to allocate $45 million of COVID-19 relief funds to workforce development programs for those left jobless due to the pandemic. PBN FILE PHOTO/DAVE HANSEN

Raimondo announces $45M in workforce development for the unemployed

PROVIDENCE – In an effort to break down traditional barriers to hiring, Gov. Gina M. Raimondo announced on Tuesday an investment of $45 million...
IGT LOST $197 million in the first quarter of 2020, impacted by shutdowns related to COVID-19. / PBN FILE RUPERT WHITELY

IGT posts $197M loss in Q1, cites COVID-19 pandemic

PROVIDENCE – International Game Technology PLC reported a loss of $197 million in the first quarter, or $1.21 per diluted share, due largely to...
IGT EARNED $111.9 million in 2019. / PBN FILE PHOTO/RUPERT WHITELEY

IGT reports $111.7M profit in 2019

PROVIDENCE – International Game Technology PLC on Tuesday reported a $111.7 million profit in 2019, a 2.6% decline year over year, according to a...
A RENDERING of proposed expansions at Twin River Casino Hotel as part of an agreement with IGT for a proposed state lottery contract. / COURTESY TWIN RIVER WORLDWIDE HOLDINGS/ JCJ ARCHITECTURE

IGT and Twin River extend the olive branch, announce joint lottery...

PROVIDENCE – International Game Technology PLC and Twin River Worldwide Holdings Inc. have reached an agreement on a joint gaming venture in the state,...
ALBERTO FORNARO, chief financial officer of IGT is set to leave the company at the end of January. / COURTESY INTERNATIONAL GAME TECHNOLOGY PLC

IGT chief financial officer to leave company

PROVIDENCE – International Game Technology PLC Chief Financial Officer and Executive Vice President Alberto Fornaro has resigned from the company, IGT announced on Monday. The...
RHODE ISLAND sports bettors lost 2.46 million in October. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. sports bettors place most in wagers since launch in Oct.

PROVIDENCE – Bettors lost $2.46 million on sports bets in Rhode Island in October. The figure was level with losses posted in September, according...
CHRISTIANSEN CAPITAL ADVISORS has been awarded a contract to review the proposed IGT lottery contract being reviewed by the R.I. General Assembly. / PBN FILE PHOTO/NICOLE DOTZENROD

GA hires firm to review proposed IGT lottery contract

PROVIDENCE – Christiansen Capital Advisors LLC has been contracted by the R.I. House of Representatives to conduct an independent review of International Game Technology...

State to fund independent study of IGT/Twin River lottery contract proposals

PROVIDENCE – A request by House Republicans for an independent study on competing contract proposals for the R.I. Lottery by International Game Technology PLC...
MARC CRISAFULLI, president of Rhode Island operations for Twin River alleged in a letter to the R.I. Senate that Gina M. Raimondo's Chief of Staff Brett Smiley threatened Twin River with consequences if it did not accept the proposed IGT lottery extension. / PBN FILE PHOTO/MICHAEL SALERNO

Twin River says Raimondo’s chief of staff threatened company over IGT...

PROVIDENCE – Twin River Worldwide Holdings Inc. has released a letter written by Twin River Executive Vice President Marc Crisafulli that claims Gov. Gina...

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