Welcome! Login | Register
 

Raimondo Lifts Line, “The Hardest Part of College Shouldn’t Be Paying for It” from Clinton—Raimondo Lifts Line, “The Hardest Part of College…

Battle Looming Between Raimondo, Mattiello on RI Car Tax Repeal—Battle Looming Between Raimondo, Mattiello on RI Car…

State Rep Blasts Being “Sabotaged” by Granahan on WPRO—State Rep Blasts Being “Sabotaged” by Granahan on…

Marzullo: Providence School Walkout Raises Question, Is Anyone in Charge?—Marzullo: Providence School Walkout Raises Question, Is Anyone…

Providence Board of Licenses Shake-Up - Serena Conley Out—Providence Board of Licenses Shake-Up - Serena Conley…

Classical Moves Midterms for Student Walkout Protesting Trump on Friday—Classical Moves Midterms for Student Walkout Protesting Trump…

Newport Manners & Etiquette: Sick Etiquette—Newport Manners & Etiquette: Sick Etiquette

Patriots vs Steelers - the Edge in the Last 10 Meetings—Patriots vs Steelers - The Last 10 Meetings

Chef Walter’s Flavors & Knowledge: Swiss Chard & Chutney Strudel—Chef Walter's Flavors & Knowledge: Swiss Chard &…

Chez Pascal Chef Gennuso Featured in Newport Vineyards Winter Chef Series—Chez Pascal Chef Gennuso Featured in Newport Vineyards…

 
 

NEW: State Representative Says Twin River Must Pay More

Wednesday, January 23, 2013

 

Perhaps in response to a report that increased competition from Massachusetts will result in Rhode Island losing an estimated $307.6 million in lottery revenue over the next four fiscal years, House Minority Leader Brian C. Newberry is calling for Twin River to increase the amount of revenue its gives the state.

Newberry’s bill would raise the percentage Rhode Island gets from soon-to-be installed table games at the facility from 18 to 20 percent and the Republican Representative from North Smithfield/Burrillville says the action is necessary after a failed attempt by lawmakers last year to get a better explanation of where the originally agreed-upon percentage came from.

“According to data, Twin River itself can afford to pay more than they are,” Newberry said. “So why aren’t they?”

Newberry had attempted to raise the figure to 20 percent last year but was not successful before the initial bill was passed.

“While it is unfortunate that Twin River is a de facto, if not legal, arm of the state, the fact remains that it is a primary source of state revenue,” he said. “Given this situation, and given the already existing high tax rates and chronic deficit problems, the General Assembly has an obligation to our constituents to maximize the revenue from this source rather than allow it to flow to out-of-state- owners. Why we are not is a mystery.”

The legislation is co-sponsored Rep. John G. Edwards (D-District 70, Portsmouth, Tiverton), Rep. K. Joseph Shekarcki (D-District 23, Warwick), Rep. Frank G. Ferri (D-District 22, Warwick), and Rep. Michael W. Chippendale (R-District 40, Foster, Glocester, Coventry).
 

 

Related Articles

 

Enjoy this post? Share it with others.

 

X

Stay Connected — Free
Daily Email
 
:!