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Tag: Sebastian Sinclair

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...
SPORTSBOOK: Guests relax in a lounge at the sportsbook at the Twin River Casino Hotel in Lincoln. The casino’s sports-betting venue opened in late November and, together with the sportsbook at Tiverton Casino Hotel, which opened a week later, generated nearly $624,000 through March. 
 / PBN PHOTO/MICHAEL SALERNO

Delays, misjudgment hamper R.I. take from sports betting

Cover Story
Sports gambling is still projected as a strong revenue source for Rhode Island, but not an annual fix for whatever ails the state budget. A...
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