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Saturday, May 23, 2015

Twin River slots not expected to rise in move to Tiverton




Twin River slots not expected to rise in move to Tiverton

The Associated PressMay 22, 2015
 
 
— The head of Twin River says a proposed casino in Tiverton would include about 1,100 slot machines, about the same number as at Newport Grand.
 Twin River Worldwide Holdings Chairman John E. Taylor Jr. said at a question-and-answer session Thursday that table games would include blackjack, craps and roulette, but probably not poker.
The Newport Daily News reports (http://bit.ly/IX5CGL ) that he says a casino of the size being proposed would likely contribute about $4 million a year in taxes on gambling, property, food and beverages.

Twin River Worldwide Holdings, which operates the gambling center in Lincoln, is seeking to buy Newport Grand and move to Tiverton. Taylor said the sale awaits state regulatory approval.

Tiverton officials and state lawmakers also must approve a November 2016 referendum on the state and local ballots.

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