07/03/2009

Governor vetoes Assembly’s dog-racing mandate
He says legislation forcing Twin River to hold dog racing “is a risk that the state cannot afford to take” because it could disrupt bankruptcy proceedings.

07/01/2009

Twin River creditors form panel
The panel will represent the interests of the unsecured creditors.

Twin River’s woes spur visit to R.I. by Harrah’s
The visit comes as the Senate approves a bill authorizing 24-7 gambling at the Lincoln slot parlor and requiring it to run a full season of greyhound racing.

06/30/2009

Businesses line up to collect from Twin River
Blackstone Advisory Service LP began working with the bankrupt gambling entity last year trying to find a buyer.

06/27/2009

Dogfight over greyhounds: House votes to require racing at Twin River
The House votes to require greyhound racing over the objections of Governor Carcieri that lawmakers should not interfere with Twin River’s bankruptcy proceeding.

Dogfight over greyhounds: House votes to require racing at Twin River
The House votes to require greyhound racing over the objections of Governor Carcieri that lawmakers should not interfere with Twin River’s bankruptcy proceeding.

06/26/2009

Odds high against finding buyer for Twin River casino
The lenders poised to become the new owners of Twin River will take control of the Lincoln slot parlor during perhaps one of the worst losing stretches in the history of the U.S. gambling industry.

Battle continues over dog-racing dates at Twin River
Senate leaders appeared unwilling to vote on the state budget unless the House acted on the dog-racing bill.

06/24/2009

Owners of R.I.’s Twin River slot parlor file for bankruptcy
The move could usher in 24-hour gambling seven days a week at the Lincoln facility, which is expected to produce $245 million for the state this year alone.

Not all creditors may get paid in bankruptcy
But it’s unlikely the state would be forced to take less money, says a board member of the American Bankruptcy Institute.

06/22/2009

Twin River delays decision
The troubled gambling facility had been expected to seek protection from its credits this morning.

06/17/2009

Twin River pleas go unanswered
PROVIDENCE — After months of unproductive talks with emissaries of the state, the owners of the Twin River greyhound track and slot parlor have tried and apparently failed in their effort to enlist Governor Carcieri’s help in averting a bankruptcy filing.

06/12/2009

Senate OKs bill to keep dog racing
The legislation says if Twin River wants to maintain all-night gambling, it has to continue to offer live greyhound racing.

Senate OKs bill to keep dog racing
The legislation says if Twin River wants to maintain all-night gambling it has to continue to offer live greyhound racing.

06/09/2009

Chap. 11 looms for slot parlor
The owners of Twin River say they may file for bankruptcy by the end of the month.

06/04/2009

Twin River greyhound owners reject buyout bid
PROVIDENCE — The owners of the greyhounds that race at Twin River have rejected a bid by the owners of the Lincoln track and slot parlor to buy out their $9-million-a-year contract.

05/28/2009

Governor pledges that overnight gambling will continue
The governor’s office has assured Twin River that 24-hour gambling on weekends can continue beyond the current June 30 deadline.

05/16/2009

Effect of end to dog racing questioned
A 2004 state budget office report disputes the greyhound owners’ recurring argument that the state would lose millions of video-slot dollars.

05/14/2009

Call for casino referendum draws familiar opponent
A Senate panel takes up a measure by Smithfield Democrat Sen. John Tassoni for a public vote on turning the state’s slot parlors into full-fledged casinos.

05/13/2009

Smoking ban at slot parlors could cost millions
Prohibiting smoking at Twin River and Newport Grand could cost the state $36 million in lost revenue, the state Budget Office projects.

05/12/2009

Deadline near for all-night gambling provision at Twin River
Twin River says it needs to know by June 1 if the state will extend the slot parlor’s overnight gambling provision beyond June 30.

05/09/2009

DBR denies hearing for greyhound owners on suspension of racing
The Department of Business Regulation says the conflict between Twin River’s owners and the Rhode Island Greyhound Owners Association is a civil matter.

05/08/2009

DBR cool to talks with greyhound owners
The Department of Business Regulation says the owners association has no standing in the decision to halt racing at Twin River.

05/07/2009

Twin River track sets later date to suspend dog races
Challenged over whether it had met its obligation, Twin River pushes back the date.

05/06/2009

Twin River owners say they’ll ‘suspend’ dog-racing on May 31
PROVIDENCE — Owners of the Twin River greyhound track and slot parlor have put the state on notice they intend to “suspend” dog-racing on May 31.

05/05/2009

Senate panel considers giving voters choice on full-scale casino gambling
A Senate panel on Wednesday will take up the measure that would ask voters to approve amending the state Constitution.

04/30/2009

R.I. House Speaker open to Twin River takeover
Rep. William J. Murphy says of a state buyout of the gambling hall, “If the number was right, we would have to take a look at it and do a cost-benefit analysis.”

04/28/2009

Twin River talks break down
Governor Carcieri’s office cites the state’s fiscal crisis as reason not to enter into “a transaction that would add hundreds of millions of dollars of [state] debt.”

04/22/2009

State sees brighter picture on slot revenues
CRANSTON — Given the state of the Rhode Island economy, Lottery officials are breathing a sigh of relief.

04/03/2009

Woman recounts dramatic battle with problem gambling
A proposed bill would require state slot parlors to institute self-exclusion programs that would bar problem gamblers from the premises.

Woman recounts dramatic battle with problem gambling
A proposed bill would require state slot parlors to institute self-exclusion programs that would bar problem gamblers from the premises.

03/20/2009

Murphy: State may need to help Twin River survive
But the House speaker says that accepting a smaller slice of its slot-machine revenues is not an option.

03/19/2009

Mohegan Sun still planning casino in Western Massachusetts
The tribe is part of a group hoping to build a resort in Palmer, in Western Massachusetts.

03/17/2009

Mass. slot gamblers lose a lot in R.I.
A new study finds that Bay State gamblers account for almost 40 percent of the state’s slot revenues.

03/16/2009

R.I. Senate President Paiva Weed leaving Newport law firm
NEWPORT, RI -- Citing the enormous time demands of her elevated new legislative role, Senate President M. Teresa Paiva Weed has confirmed plans to "transition out'' of her Newport law firm Moore Virgadamo & Lynch, over the next four to six weeks.

02/26/2009

Poll finds support among Mass. residents for casino on New Bedford waterfront
The UMass-Dartmouth survey shows 51 percent of respondents in favor of a facility on the New Bedford waterfront.

02/25/2009

In U.S. Supreme Court ruling, Narragansett Indian Tribe loses fight for sovereignty over 31-acre parcel in Charlestown
The ruling, which blocks any hopes the tribe had of building a casino, hinges on the meaning of the word “now.”

U.S. Supreme Court ruling deals blow to Massachusetts tribes’ casino plans
The U.S. Supreme Court ruling yesterday dealt a blow to the tribe seeking to build a casino in Southeastern Massachusetts, forcing it to seek congressional help with plans for a gambling venue near the Rhode Island border.

02/24/2009

Oversight panel may seek full-fledged casinos
“What’s different from what’s going on there now?” Rep. John J. McCauley Jr. says of Rhode Island’s two slot parlors.

02/21/2009

Twin River owners sue to block time-and-a-half Sunday pay
PROVIDENCE — With Twin River’s fate still hanging in the air, the owners of Rhode Island’s largest slot parlor have filed suit in federal court to block an arbitrator’s order to pay time-and-a-half to its employees on Sundays.

02/07/2009

Court gives Twin River extra month to pay contractors
Contractors are seeking $5.7 million in overdue payments for their work at the financially ailing gambling venue.

01/31/2009

More fiscal turmoil facing Twin River
A primary lender and the strapped slot parlor disagree about whether a loan agreement defaulted last month.

01/30/2009

Union says Twin River violating food-service contract
The union representing Twin River food-service employees has filed a complaint in U.S. District Court, Providence, seeking arbitration over the track and slot parlor owner’s alleged refusal to engage in a contractual grievance process.

01/24/2009

Town concerned with possible Twin River buyout
Lincoln officials are worried the town would lose substantial revenue if the state takes over the track-and-slot parlor.

Senator calls for full-scale casino gambling
With the state dealing with a massive deficit, Sen. John J. Tassoni Jr. says, “We need to make sure we are on the head of the train, not the caboose.”

01/23/2009

State buyout of Twin River possible
As the gambling facility nears a pivotal financial deadline, the state treasurer says its purchase could provide a windfall for the state when the economy recovers.