3 RI Chambers of Commerce Support Tiverton Casino

Thursday, September 29, 2016

GoLocalProv News Team

The Greater Providence Chamber of Commerce, the Northern Rhode Island Chamber of Commerce as well as the Newport County Chamber of Commerce have all endorsed Question 1 which supports a Tiverton casino and hotel on this year's November ballot.

"We support the 550 – 600 jobs which will be required for the Twin River-Tiverton Casino and Hotel as well as the approximate $50 million annually in gaming revenue the State of Rhode Island will receive and which may be used to fund education, public safety and infrastructure improvements. Last, we believe the $4 million in annual payments to the Town of Tiverton appropriately compensates the host community for moving the Newport Grand license to property in Tiverton, approximately 450-feet from the Massachusetts border," said the Chambers of Commerce in a joint statement.

The Tiverton, Rhode Island casino is proposed by Twin River Management Group and is on the statewide ballot as Question 1 and the local Tiverton ballot as Question 8.

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“We’re grateful for the support of these three leading chamber organizations which collectively, represent more than 3,000 businesses from all corners of the state. We’re excited about the possibility of 550 - 600 jobs at the proposed Tiverton casino as well as the additional gaming revenue – approximately $50 million - to the state which would be nearly double that of Newport Grand today. We think that’s good news for the state and we hope the voters on November 8 agree and vote yes to approve on Question 1 statewide and locally, yes to approve on Question 8,” said John Taylor, Jr., chairman of the Twin River Management Group.

The chambers of commerce are represented by the following presidents:

Laurie White

John Gregory

Erin Donovan-Boyle

Related Slideshow: How Do Twin River Casino and Plainridge Park Casino Match Up?

With Plainridge Park Casino opening in Plainville, MA, GoLocal looked into how the new facility will measure up against Twin River Casino in Lincoln, RI.

Defintions:

1.) Payout Percentage: How much of each dollar spent is won back by a customer.

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Number of Slot Machines

Twin River: 4,500

Plaindridge Park: 1,200

Twin River has nearly four times the number of slot machines that Plainridge Park has available.

Photo courtesy of: Flickr/Raging Wire

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Number of Table Games

Twin River: 80

Plaindridge Park: 50

Twin River offers 30 more table options than Plainridge Park, including poker, blackjack, craps, and more.

Photo courtesy of Flickr/Images Money

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Payout Percentage

Twin River: 90.845%

Plaindridge Park: N/A

The data for Plainridge Park will come out in the coming months, but Twin River's customers won back 90.845% of their money in May of 2015.

Photo courtesy of Flickr/Jessie Hodge

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Square Feet

Twin River: 300,000

Plaindridge Park: 106,000

Twin River's facility is nearly triple the size of Plainridge Park's and neither is limited to gambling areas.

The former has an event center, a cigar bar, and more. The latter has several restaurants and a horse track.

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Number of Hotel Rooms

Twin River: None

Plaindridge Park: None

Neither Twin River or Plainridge Park currently offer hotel accomodations for their customers. Instead, they suggest to search for nearby options.

However, plans to build a hotel at Twin River were approved in March of 2015 by the RI House of Representatives. A date for when construction would be finalized has not been announced.