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

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5 years ago

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Twin River Casino Criticises Rhode Island’s Proposed IGT Machine Supply Deal
Photo Source: twinriver.com
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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.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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