Casino expansion for two Gaming Company’s projects in New England are seemingly following two different paths to deal with competition.
On one hand, you have the Twin River Management Group. They own Twin River Casino in Lincoln, RI., Newport Grand Casino in Newport, RI, The Hard Rock Hotel & Casino in Biloxi, MS, & Arapahoe Park in Aurora, CO. The smallest industry rep of all 6 casino operators in New England thus far. Their mission is to keep increasing its competitive energies into positive ventures. Basically become a larger fish in the still small pond of New England gambling. Twin River Casino’s plans have already included
- adding poker tables
- making the 2nd floor non-smoking
- adding two more dining venues,
- a future of a hotel on-site.
TWMG released recently their plans for Tiverton, RI. If they are approved in the lengthy process of getting approval to move the Newport Grand license to Tiverton, it would greatly solidify Rhode Island’s gaming revenue and put real competition on everyone from Plainridge Park Casino, just over the line in Plainville, Massachusetts
to extending their influence on Foxwoods in Connecticut. Twin River expects more from Massachusetts, but that would include those for table games that have been loyal until a year ago to the CT casinos.
Their proposal has been influenced by 40-odd meetings around town, according to John Taylor, the head of Twin River in Paul Grimaldi’s article in the Providence Journal. The Tiverton Casino would include an 85,000-square-foot casino with 1,000 VLTs (slot machines) and 32 table games. It would be attached to an 84-room hotel. Both the hotel & the table games are additions to what Newport Grand offers. According to Sean Murphy of the Boston Globe, “renderings made the proposed casino look like a tastefully designed suburban shopping center rather than a blaring neon intrusion on the rural feel of this erstwhile farming community of 8,000.”
ProJo’s Grimaldi writes, “For the casino plan to move forward, the Town Council would first have to vote to ask the General Assembly to place a referendum on the November 2016 statewide ballot. That referendum would have to be approved both by Tiverton residents and by voters statewide. Even if it wins those approvals, the casino proposal then would have to go through the normal town and state regulatory approvals for new construction projects…..The casino would generate $104 million to $148 million in revenue in year 2020, depending on how gambling expands in Massachusetts, according to Twin River consultants…..A minimum of $3 million from slots and table games revenue would go the Town of Tiverton, with a total of approximately $4 million annually when including real estate and other taxes, according to a Twin River statement.”
The video released a few days ago shows the proposal. One important part is how remote, surrounded by trees, and not taking away from the Tiverton countryside. For the complete proposal document, click here on Tiverton Casino Proposal. If you’d like to see the shorter and more entertaining video click here. However, if you want to read click ‘s great article for Tiverton-Little Compton Patch, click here.
Tomorrow, I’ll look at the different trend that MGM Springfield is taking. It makes for quite the comparison.
Until tomorrow, hit a royal flush, then come back to visit N.E.Time Gambling.com