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Tag: Patrick Kelly

Legislation targets R.I.’s sports betting monopoly

Government
New state legislation submitted in both the House and Senate is looking to upend the monopoly in Rhode Island’s sports betting market as revenue...

Patrick Kelly, Ph.D.

Notable Leaders in Education
Patrick Kelly, Ph.D. Michael A. Ruane Endowed Professor in Accountancy, and Director, Ethics in Business Education Program Providence College School of Business business.providence.edu Patrick T. Kelly, Ph.D. is the...
SETTING THE TABLE: Patrons at Bally’s Twin River Lincoln Casino Resort play a hand of blackjack. Bally’s Chairman Soohyung “Soo” Kim says he has no plans to abandon the company’s roots in Rhode Island when his hedge fund, Standard General LP, takes ownership. 
PBN PHOTO/MICHAEL SALERNO

HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...

Cover Story
When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...
NEW PLAYERS: Bally’s Corp., which operates the Twin River Lincoln Casino Resort pictured above, has agreed to a buyout by its largest shareholder, a hedge fund. Its lottery partner, International Game Technology PLC, is selling its gaming and digital business to a private equity firm. 
PBN FILE PHOTO/­MICHAEL SALERNO

Trust, but verify gaming industry jobs, revenue

Editorial and Op-Ed
Rhode Island long ago made its bet on gaming revenue flowing indefinitely into state coffers. That leaves state leaders with little choice but to...
SPORTS BETTING: Attorney Joseph Larisa, founder of Larisa Law in Providence, stands in front of the Superior Court building in Providence. Larisa is representing Dr. Daniel S. Harrop, a Providence psychiatrist who has filed a lawsuit in state Superior Court seeking to overturn state approval of sports betting unless it is approved by voters.
 / PBN PHOTO/MICHAEL SALERNO

For some, sports betting is not a panacea, it’s just illegal

Focus
Did Rhode Island voters approve sports betting when they agreed to allow table games at the state’s casinos? A lawsuit filed this month in state...
TAKING A GAMBLE: A customer reads information inside a betting shop operated by Ladbrokes Coral Group Plc., in London, in July 2015. Gov. Gina M. Raimondo is among the state leaders who would like to see Rhode Island legalize sports betting. The U.S. Supreme Court is expected to rule on a case this summer that could pave the way for that. / BLOOMBERG NEWS PHOTO/Chris Ratcliffe

Is sports betting a budget fix?

Cover Story
John Taylor recently led a tour of the new $30 million hotel under construction at Twin River Casino in Lincoln, a project he said...
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