(AP-RI) - The two companies with state gambling contracts in Rhode Island have announced a collaboration they say will maintain the state's gambling revenue, enhance competitiveness, and keep jobs in the state.
The announcement from Twin River Worldwide Holdings, Inc. and IGT on Thursday includes an expansion of Twin River's Lincoln casino and the joint creation of a new company to supply video gaming machines.
IGT will also continue to seek approval for legislation to extend its contract through 2043. The deal hinges on the approval of lawmakers and Democratic Gov. Gina Raimondo.
Legislative leaders said the proposals would benefit all Rhode Islanders. A spokesman for Raimondo says her office will review the proposal.