Top US Online Casinos
1. Jumba Bet Casino - $25 No-Deposit Bonus Plus a $1,200 Welcome Welcome package.
2. Bovada - Best bitcoin casino and massive welcome bonus worth 100% up to $3,000 Free.
3. Lucky Creek - 66 Free Spins Plus 166% up to $266 Free.

Rhode Island, Chafee Moving Towards Gambling Consultation

18 March 2011 by admin

The doctor is in at Rhode Island. Or is looking like he might be at any rate.

It appears that Rhode Island Governor Lincoln D. Chafee and his administration are looking into consulting services to get an assessment on whether or not to all a gambling expansion for the state.

As it stands there are essentially two ways that Rhode Island and Chaffee could go in terms of gambling expansion, and neither is exclusive of the other really. There is the hard battle up a steep hill route through partnering with the Narragansett Indian tribe, and allowing them to take control of the Twin River slot parlor under the Indian Gaming Regulatory Act; this course of action would see the Narragansett tribe expanding the 4,750 slot machine offerings by adding table games such as blackjack and poker.

But that is only one possible gambling expansion.

Another option would be to simply allow the addition of table games at Twin River or the Newport Grand or at both brick and mortar casinos without partnering with the Narragansett tribe. Of the two basic options, this route at least seems to be the one that would be more easily accomplished.

But to be sure that one way is more easily achieved and to discover which route has the better financial outcome with the least negative socio-economic impact, Rhode Island needs a study done on all possible options for gambling expansion. And that explains the point behind the state Lottery’s request on Rhode Island’s purchasing site: “to solicit feedback from qualified independent vendors regarding the estimated cost and timeline to provide consulting services and produce impact studies that analyze the hard economics, social cost considerations under a variety of gaming scenarios.”

The request came as a surprise since an aide made it known that Chaffee wanted to meet with the state Lottery and with the Department of Business Regulation before moving forward with consulting. Now it seems that course of action has changed and that he is moving forward anyway.

Those “gaming scenarios” include looking at the impact of a gambling expansion made by the Narragansett or by the state on another tribal casino in eastern Long Island. There would also be competition and financial impact of such and expansion on the three brick and mortar casinos in nearby Massachusetts, another potential tribal casino also in Massachusetts along with the installation of slot machines at Massachusetts’ tracks.

But the state also would want reports that focus on the impact of gambling expansion, in either both casinos or a single casino, on Rhode Island itself to include social impacts as well as potential profit. And they want the potential profit when competing with Massachusetts and when not competing.

It has already been established that Rhode Island would lose an estimated $100 million each year if the Narragansett were to take command of the Twin River, and that makes partnering with the tribe seem less likely. So it seems more likely, depending on the socio-economic impact such as job creation, tax revenue and potential crime increase, that Rhode Island and Chaffee would look at gambling expansion without the Narragansett.

Comments are closed.