Rhode Island News - Page 13

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Courts Look at Rhode Island Law Again

15 April 2005

News Brief: The Supreme Court will get to say whether Rhode Island casino legislation is constitutional before it becomes law.

Lincoln Park Sale in Jeopardy

4 April 2005

International News Brief: Chief Wilfred 'Eagle Heart' Greene is threatening to derail the planned £230 million sale of gaming company Wembley's money-spinning Rhode Island complex to South African tycoon Sol Kerzner.

$650 Million West Warwick Casino Plans Unveiled

24 March 2005

News Brief: West Warwick officials, Narragansett Indian Chief Sachem Matthew Thomas and Harrah's officials unveiled the new casino plan: a 115,000-square-foot gaming facility .

Harrah's Increases Rhode Island Casino Estimate

22 March 2005

News Brief: Harrah's Entertainment has increased its projections for how much money will be gambled each year at its proposed West Warwick casino.

Harrah's Reveals Rhode Island Casino Plan

17 March 2005

Harrah's Entertainment rolled out its most detailed proposal yet for a casino in Rhode Island yesterday, displaying plans for a sleek glass-and-stone design on heavily landscaped land.

Study: Massachusetts Slots Would Hurt Rhode Island Tracks

21 February 2005

News Brief: If Massachusetts puts video slot machines in its racetracks near the Rhode Island border, Lincoln Park and Newport Grand would stand to lose about $100 million a year, which in turn would cost the state over $60 million.

Rhode Island Becomes More Dependent on Gambling Revenues

14 February 2005

News Brief: Each year, gambling represents a larger and larger portion of the Rhode Island’s income.

Rhode Island Revised Casino Referendum Released

9 February 2005

News Brief: A reworked version of the casino-referendum bill that was effectively knocked off the ballot by the Rhode Island Supreme Court will be unveiled at a State House news conference today.

Group Of Investors Plans To Purchase Lincoln Park

8 February 2005

A group of investors which formerly bid on Lincoln Park's parent company now plans to buy the park itself, according to the governor and legislative leaders.

Bribery Case Could be End of Wembley

2 February 2005

International News Brief: The bribery case against a director of Wembley could spell the end of the UK leisure group’s future in the US.

Rhode Island Lawmakers to Present Casino Referendum

2 February 2005

News Brief: Backers of the casino that Harrah's Entertainment and the state's Narragansett Indians are seeking to build in West Warwick say they are within days of introducing new legislation to allow a voter referendum on the proposal.

Jurors Asked Whether Execs Meant To Pay Bribe Or Bonus

1 February 2005

Lawyers in the Lincoln Park bribery conspiracy trial said that the case hinged on whether jurors believe gambling executives intended to pay a bribe or a bonus to the law firm of former House Speaker John Harwood.

GTECH Appoints New Director

25 January 2005

GTECH Holdings Corporation reports that Paget L. Alves has been appointed to serve as a director on the Company's Board of Directors.

Lawyers Jockey in Lincoln Park Case

5 January 2005

News Brief: With a trial now three weeks away -- and a potential buyer circling again -- lawyers on both sides of the alleged Lincoln Park bribery-conspiracy case have been sharpening their arguments.

GTECH Reports Strong Q3 Results

21 December 2004

GTECH reports revenues for Q3 were $315.6 million, up 23.8% over revenues of $254.9 million in Q3 2004. Net income was $45.9 million, or $0.35 per diluted share, comparable to the same period last year.

Legislator Can Stay on Rhode Island Lottery Commission

17 December 2004

News Brief: House Speaker William J. Murphy is drawing a line in the sand on separation of powers, saying it is clear to him that lawmakers do not have to relinquish their positions on the legislator-dominated Rhode Island Lottery Commission.

GTECH Chosen for Missouri Online Lottery Contract

16 December 2004

GTECH Corporation was chosen by the State of Missouri to provide a new online lottery central system, terminals, and ongoing services under a proposed seven-year integrated services contract.

Rhode Island Gambling Bust was Largest

14 December 2004

News Brief: Rhode Island police report that a gambling bust that captured almost $390,000 in cash was the state’s largest gambling seizure.

Lincoln Park Charges Restated; Officials Enter Not Guilty Pleas

2 November 2004

News Brief: The former chief executives of Lincoln Park and its British parent company, Wembley Plc, entered another round of not guilty pleas Monday, as they were indicted again on charges connected to an alleged bribery scheme.

GTECH Enters Credit Facility

26 October 2004

GTECH Holdings Corporation has entered into a new $500 million senior revolving credit facility.

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