A year ago, IGT and Twin River, two of Rhode Island’s largest employers and gaming powerhouses, were the worst of enemies. Now, a year later the rivals have teamed up and are pushing for a new 20-year agreement that will preserve thousands of jobs and improve the state’s lottery products, according to the companies.
IGT: The latest version of a proposed 20-year no-bid state lottery contract for International Game Technology -- and partner Twin River -- will get separate hearings by the House and Senate’s respective finance committees Tuesday afternoon.
PROVIDENCE -- While Governor Raimondo has put her stamp of approval on the latest version of the proposed no-bid, 20-year Lottery deal for IGT -- and top legislative leaders have also endorsed it -- House Republican Leader Blake Filippi is questioning a potential $660 million in “overpayments.”
PROVIDENCE — A major competitor in the worldwide gambling market has jumped back into the Smith Hill debate over a proposed no-bid, 20-year Lottery contract for International Game Technology with an offer to give the state a better deal.
PROVIDENCE — Tax-free pensions for firefighters. A 20-year, no-bid Lottery deal worth $1 billion to gambling-giant IGT. An early-voting option to avert potential chaos in November. A state name change.
Even with former adversary Twin River now a partner, questions remain about a proposed 20-year lottery contract extension for International Game Technology, including whether the two companies together should pay the state more.
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