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Rhode Island lawmakers to consider revised lottery contract for IGT, Bally's
Rhode Island lawmakers to consider revised lottery contract for IGT, Bally's
NBC 10 NEWS
© Provided by WJAR Providence
The amended bill increases the state's take from the slot machines at Rhode Island's casinos and enhances other commitments from both companies.
House Speaker Joe Shekarchi said it's a better deal for taxpayers.
"The legislation increases revenue to our state and preserves critical jobs," Shekarchi, D-Warwick, said in a release.
Under the revised bill, the upfront payment to the state will increase from $25 million to $27 million.
It also calls for the acceleration of job creation, increased financial commitments, and a 50,000-square-foot expansion to Twin River Casino in Lincoln.
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