Tag: R.I. Department of Revenue
R.I. Lottery sees iGaming record of $97.2M in December
PROVIDENCE – Wagers and revenues from iGaming in December 2024 set a new monthly record since the state launched the online platform the previous...
Study shows R.I. hospitality industry took $114M hit after Washington Bridge...
PROVIDENCE – A new joint report from the Rhode Island Hospitality Association and Salve Regina University econometrics students projects the state has taken a...
Minimum wage hike among new laws starting Jan. 1
PROVIDENCE – Another minimum wage hike and several housing regulations are among a host of new laws that will take effect Jan. 1.
After a...
Bally’s stockholders approve merger with Standard General L.P.
PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...
IGT assessed penalties for violating terms of lottery contract
PROVIDENCE – IGT Gaming was assessed financial penalties by the R.I. Lottery for noncompliance with several benchmarks required under its 20-year contract to be...
R.I. set to release expanded list of tax delinquents
PROVIDENCE – If an allegiance to a sense of civic duty isn’t enough, Rhode Island businesses and residents who owe more than $50,000 in...
Recreational cannabis tax collections uneven across state, tax data shows
PROVIDENCE – In a city or town with only one store licensed to sell recreational cannabis, the financial performance of that dispensary can boost...
WINDFALL WOES: Some R.I. communities slow to deploy ARPA millions before...
When Rhode Island cities and towns were awarded more than $500 million in COVID-19 relief money three years ago, it was a welcome infusion...
R.I. iGaming wagers exceed $60M in May
PROVIDENCE – Rhode Island's share of online gaming revenue reached $2.3 million from April 24 to May 24, a roughly 8% increase over the...
R.I. recreational cannabis sales top $80M in FY24
PROVIDENCE – Sales of adult-use cannabis products have exceeded initial fiscal 2024 projections through the first 11 months, according to the latest data provided...
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