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TWIN RIVER plan to lay off 100 casino workers due to the impact of Encore Boston Harbor casino on table games in Lincoln. Above, Marc Crisafulli, the newly named president of Rhode Island operations for Twin River Worldwide Holdings. PBN FILE PHOTO/MICHAEL SALERNO

Twin River plans layoffs after Encore introduction

PROVIDENCE – Twin River Worldwide Holdings Inc. expects to lay off roughly 100 Rhode Island casino workers, the company confirmed Friday.The company cited a...
ENCORE BOSTON HARBOR generated $48.6 million in gambling revenue in its first full month. / BLOOMBERG NEWS FILE PHOTO/GETTY IMAGES/JESSICA RINALDI

Wynn’s new Mass. casino scores $49M in first month

LOS ANGELES – Wynn Resorts Ltd.’s new Boston-area resort generated $48.6 million in gambling revenue in its first full month, more than the state’s...

Does IGT controversy miss the point?

The unfolding story over the no-bid contract extension with International Game Technology PLC for supplying technology and services to the state’s lottery system has...
CASH COLLECTIONS FOR RHODE ISLAND through the first 11 months of fiscal 2019 are ahead of the pace set for the same time period in fiscal 2018. / PBN FILE PHOTO/ARTISTIC IMAGES

State cash collections through May of FY2019 grow despite month’s drop

PROVIDENCE – General revenue cash collections in Rhode Island in fiscal 2019 through May have totaled $3.6 billion, a 6.9% increase over the same...
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PBN on WJAR-TV, July 1, 2019

As it readies for growth nationally, Twin River sees sports betting as a link to a younger demographic at home.Every week, PBN Editor Mark...
THE TWIN RIVER WORLDWIDE HOLDINGS board of directors approved a stock repurchase program that could buy back up to $250 million in stock.

Twin River announces approval of $250M stock repurchase program

LINCOLN – Twin River Worldwide Holdings Inc.’s board of directors approved a capital return program that authorizes repurchasing up to $250 million in stock,...
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

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...

Reports: Trump tweet delays vote on bills that would allow for...

TAUNTON – A vote on a pair of bills related to the Mashpee Wampanoag Tribe were delayed in the U.S. House of Representatives after...
TWIN RIVER WORLDWIDE Holdings said that if the company and the recently acquired Dover Downs had been one company in 2018, earnings for 2018 would have been $77 million, as opposed to the $71.4 million the company earned in the calendar year. The acquisition closed in late March. / COURTESY TWIN RIVER

Twin River would have posted $77M profit in 2018 if it...

LINCOLN – Twin River Worldwide Holdings Inc. made a pro-forma filing with the U.S. Securities and Exchange Commission Monday, indicating that had the company...
RHODE ISLAND BETTORS bested the sportsbook in February. / BLOOMBERG NEWS FILE PHOTO/ JUSTIN CHIN

Bettors best the R.I. sportsbook during Super Bowl month

PROVIDENCE – Total revenue from sports betting for the state in February was -$890,623, bringing the to-date fiscal 2019 total sports betting revenue to...
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