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Your Rep, Senator and the Governor should be good stewards of taxpayer resources. To OVERPAY the 20 year, No Bid Gaming Contract by $800M is unconscionable. Some want to raise your taxes, when negotiating this contract for a better deal should come first
The Providence Journal, Providence, RI — A reworked 20-year no-bid Lottery deal for IGT and its new partner in Rhode Island's gambling world won the approval of a key House committee on Thursday, after a tough year that has led the House GOP leader to question whether R.I. should rethink the numbers.
The current gaming contract is not up until 2023 and the proposed contract is being rushed through the General Assembly full of costly overpayments...to the tune of $1.8B
A 20-year no-bid contract with IGT and Bally’s
YOGONET Gaming News - A reworked 20-year no-bid Lottery deal for International Game Technology (IGT) and its new partner, Bally's Corporation, in Rhode Island won the approval of a key House committee yesterday with a 10-2 vote, after a tough year that has led the House GOP leader to question whether Rhode Island should rethink the numbers, reports the Providence Journal.
This "new deal" contains $1.8B in Taxpayer Overpayments to two RI Companies. It is clear we need a competitive bidding process to protect Rhode Islanders. Imagine what we could do with those funds.
The layers of taxpayer overpayments in this "new" insider "deal" are astounding. Marc Crisafulli would be an authority on this matter.
This "new" 20 year insider gaming contract is a terrible "deal" (and actually may be worse than the original). Rhode Islanders Lose ---Big Time.
Please call your Reps, Senators and the Governor and tell them to VOTE NO on this terrible contract.
After two years of scrutiny and substantiated faults in the proposed gaming contract, the "amended" 20 year, no-bid deal revealed today is STILL A BAD DEAL FOR TAXPAYERS ACROSS THE OCEAN STATE.
As the third largest revenue stream for government operations in the State of Rhode Island, our next gaming contract has the potential for substantial economic impact in job growth and creation. It is imperative that this deal benefit the taxpayers--which may be best achieved through a proper bidding process.
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