Rhode Island news
Twin River History
01:00 AM EDT on Wednesday, June 24, 2009
1947: Lincoln Downs opens as thoroughbred track
1977: Lincoln Downs sold; reopens as Lincoln Greyhound Park
1990: Lincoln Greyhound Park sold to United Greyhound Track Racing
1992: Lincoln Greyhound Park installs video gambling machines
1992: Wembley PLC, one of partners in United Greyhound, takes sole control of Lincoln Greyhound Park
June 1993: Citing falling revenues, Lincoln Greyhound Park seeks permission to install slot machines
December 1993: Lottery Commission approves video-slot machines at Lincoln Greyhound Park and Newport Jai Alai
July 2005: BLB Investors — a partnership of Starwood Capital Group, Kerzner International and the Waterford Group — buys Lincoln Park
March 23, 2007: Lincoln Park is renamed Twin River; opens major expansion, after owners spend more than $220 million
March 2008: Twin River owners miss loan payment
June 23, 2009: Twin River owners file restructuring agreement in federal bankruptcy court
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