Table Games Generate $7.1 Million For Rhode IslandTwin River Casino Brings In $54.6 Million From Such Games |
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Since last summer, table games in Rhode Island have generated $54,640,879 in revenue, according to a state report. A total of $7.1 million of that went to the state general fund.
The Twin River Casino, one of only two casinos in the state, is the only gambling facility that can offer the games. Newport Grand Slots cannot.
After the state’s cut, Twin River itself won $44.8 million from the games during the time span, but it’s unclear how much profit it reaped, according to a report from the Providence Journal.
Over the course of about a year, the casino nearly doubled its staff.
In September of last year, Twin River received approval to bump its number of tables from 66 to 80. The gambling facility was once a greyhound racetrack with electronic slots, but now it is basically a full-fledged casino. Newport Grand wants to be the same.
The Providence Journal reported that the state is considering letting Newport Grand get table games as well, since nearby Massachusetts is in the process of getting ready to see developers build three brand new Las Vegas-style casinos.
Newport voters rejected table games in 2012.
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