Twin River ready for casino competition

PROVIDENCE, R.I. (AP) — Twin River’s chairman says the casino company is well-positioned to meet the threat of expanded gambling in Massachusetts, with the addition of table games and the acquisition of a resort casino in Mississippi.

Chairman John Taylor cites last year’s introduction of table games and the planned purchase of the Hard Rock Hotel & Casino in Biloxi.

State gambling revenue is expected to decrease by $422 million in Rhode Island over five years, beginning in fiscal year 2016, because of expanded Massachusetts gambling.

Massachusetts has authorized one casino license for the southeastern region. Connecticut-based Foxwoods recently announced plans to build a $750 million resort casino in Fall River.

Taylor calls Twin River a “convenience” casino and says it will offer a more intimate experience than any resort-style facility.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s