Rhode Island voted in favor of new casino
The casino will be located near the border with Massachusetts.
US.- Rhode Island voters easily approved the measure to allow a new casino to be built in Tiverton. The Rhode Island General Assembly discussed and decided in March that the option would be send to the November ballot, where citizens voted in favor.
The US$75 million facility is set to boost the economy and benefit the town with property taxes and fees. The statewide Question 1 voted states that casino operator Twin River will transfer its license of Newport Grand to the new casino that is set to be build in Tiverton. Tiverton casino will compete against the Massachusetts casinos, since it’s located near the neighboring state, which plans to open a new MGM Resorts casino in Springfield.
Twin River Management Group is planning on opening the Tiverton casino in mid 2018 and close its Newport grand slots parlor. The gambling facility would guarantee at least US$4 million annually to Tiverton, a town under 16,000 people. The state would make up the difference if gambling gains from the video lottery machines and table games fall short.