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R.I. sports bettors lose $851K in Aug.

PROVIDENCE – Rhode Island sports gamblers lost $851,788 in August, betting $10.1 million and winning back $9.2 million, according to the R.I. Lottery.The August...
SPORTS BETS placed in Rhode Island resulted in gamblers losing $851,788 in August. Above, guests relax in a lounge at the sportsbook at Twin River Casino Hotel in Lincoln. 
 / PBN FILE PHOTO/MICHAEL SALERNO

R.I. sports bettors lose $851K in Aug.

PROVIDENCE – Rhode Island sports gamblers lost $851,788 in August, betting $10.1 million and winning back $9.2 million, according to the R.I. Lottery.The August...
STOP OR GO? Will the public conflict over the proposed IGT deal with the state threaten the company’s commitment to stay in Rhode Island, or will it leave town, just like the Pawtucket Red Sox did? 
 / PBN PHOTO/RUPERT WHITELEY

Want a repeat of PawSox mess? Take a look at IGT...

While the calendar says it’s September, doesn’t it feel like Feb. 2? You know, Groundhog Day, when a rodent forecasts our weather and it...
THE R.I. ETHICS COMMISSION has voted to authorize an investigation into allegations that Gov. Gina M. Raimondo's actions related to the IGT contract extension would benefit Donald Sweitzer, her alleged business associate./ PBN FILE PHOTO/ DAVE HANSEN

Ethics Commission votes to investigate one of two complaints

PROVIDENCE – The R.I. Ethics Commission, following its initial review of a complaint filed against Gov. Gina M. Raimondo under two provisions of the...
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...
video

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,...
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