PROVIDENCE – The General Assembly today passed legislation (2022-H 7424, 2022-S 2496A) sponsored by Rep. William W. O’Brien and Sen. Frank A. Ciccone which would provide procedures to prevent problem
House passes 20-year deal to run state-sponsored lottery
HOUSE LAWMAKERS passed their reworked state lottery legislation on Tuesday, securing the state s 20-year agreement with International Game Technology PLC, and Bally s Corp., its third largest revenue stream. / PBN FILE PHOTO/NICOLE DOTZENROD
PROVIDENCE – The House on Tuesday approved an agreement with International Game Technology PLC, and its partner, Bally’s Corp., for a 20-year deal to run the state-sponsored gambling operation.
The 62 to 11 vote preserves the state’s third largest revenue stream, the gambling and gaming industry.
During the session, Republican leaders proposed eight amendments to the legislation that were all defeated.
House Finance Committee passes reworked lottery contract
Updated at 7:21 p.m. on May 6, 2021.
RHODE ISLAND s House Finance Committee has approved amended lottery legislation regarding an agreement with International Game Technology PLC and its partner, Bally’s Corp., to solidify a 20-year deal to run the state-sponsored gambling operation. / PBN FILE PHOTO/ARTISTIC IMAGES
PROVIDENCE – Rhode Island’s House Finance Committee passed its amended lottery contract legislation by a vote of 11 to two on Thursday at Veterans Memorial Auditorium. Two Republicans, House Minority Leader, Blake A. Filippi, R-New Shoreham, and Rep. George A. Nardone, R-Coventry, opposed the bill.
The legislation will be voted on in the R.I. House of Representatives on May 11, and then sent to the R.I. Senate for consideration.
Wednesday, March 10, 2021
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Representatives from Twin River and IGT made the case on Tuesday during a House Finance Committee hearing for a 20-year lottery contract with the state of Rhode Island.
While both companies emphasized that with national and global operations, they could easily move operations and jobs from Rhode Island elsewhere, House Minority Leader Blake Filippi questioned whether IGT had upheld the terms of the existing contract and whether it would for a future one.
The bill, (2021-H 5223), enables the State Lottery Division of the Department of Revenue to enter into a contract extension with IGT Global Solutions Corporation and contract extensions with Twin River and its affiliates.GET THE LATEST BREAKING NEWS HERE SIGN UP FOR GOLOCAL FREE DAILY EBLAST