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Twin River Casino Criticises Rhode Island’s Proposed IGT Machine Supply Deal

George Miller
July 9, 2019
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Twin River Casino Criticises Rhode Island’s Proposed IGT Machine Supply DealReading Time: 1 minute

 

Twin River Worldwide Holdings, the owner of two casinos in Rhode Island, has criticised the Rhode Island’s proposed machine supply deal with International Game Technology (IGT).

Twin River Worldwide Holdings took out a full page advert in The Sunday Journal asserting that the proposal would cost the state hundreds of millions of dollars in lost gambling revenue.

Under the deal, IGT would pay the state $25 million, make $150 million in capital investments over the next 20 years and keep at least 1100 permanent jobs in Rhode Island.

In exchange, the lottery would be required to get 85% of its 5000-plus electronic gambling machines from IGT.

Twin Rivers says the contract for the machines should instead go out to bid.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Twin River Casino Criticises Rhode Island’s Proposed IGT Machine Supply Deal

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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