πŸ”₯ Rhode Island Casinos Reopening by Invitation Only June 8

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Twin River Casino in Lincoln, Rhode Island, is a full casino with live table games, video slot machines, virtual table games, live entertainment and dining.


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Twin River Casino | Lincoln, Rhode Island
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There are two commercial casinos in Rhode Island. The largest casino in Rhode Island is Twin River Casino Hotel having 4, gaming.


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PROVIDENCE, R.I., June 1, /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company" or "Twin River") today.


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Caesars, VICI Sell Atlantic City Casino to Twin River. This transaction allows VICI to says COO John Payne. By Erika Morphy | April 27, at AM. X.


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Caesars, VICI Sell Atlantic City Casino to Twin River. This transaction allows VICI to says COO John Payne. By Erika Morphy | April 27, at AM. X.


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POSTPONED: Kenny Loggins. Sat, Aug 22, pm. POSTPONED: Kenny Loggins. Twin.


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LINCOLN – Dozens of layoffs at the Twin River Casino are a painful sign of increased competition up north, representatives for the gambling.


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LINCOLN – Dozens of layoffs at the Twin River Casino are a painful sign of increased competition up north, representatives for the gambling.


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We currently own and manage the Twin River Casino and Hotel (β€œTwin River Limited Gaming Control Commission, and is expected to close in early up to three commercial destination resort casinos located in three geographically​.


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Our Rhode Island, Delaware and Mississippi properties now offer sports wagering pursuant to state law in each case. Gaming laws also may be designed to protect and maximize state and local tax revenues, as well as to enhance economic development and tourism. Gaming laws require us, and each of our subsidiaries engaged in gaming operations, certain of our directors, officers and employees, and in some cases, certain of our shareholders, to obtain licenses from gaming authorities. In a broader sense, our gaming operations face competition from many leisure and entertainment activities, including, for example: shopping, athletic events, television and movies, concerts and travel. However, Arapahoe Park does face competition from advance deposit wagering, online wagering on horse racing and other forms of entertainment such as casino and online gaming. Violations of laws or regulations in one jurisdiction could result in disciplinary action in that and other jurisdictions. The gaming and racing industries are highly regulated and we must maintain licenses and pay gaming taxes in each jurisdiction in which we operate in order to continue operations. Except as otherwise may be required by law, we undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or actual operating results. PART I. This decision has the effect of lifting federal restrictions on sports wagering and leaves individual jurisdictions such as states to determine the legality of sports wagering. Intellectual Property. Risk Factors," as well as any other cautionary language in this Annual Report, as the occurrence of any of these events could adversely affect our business, financial condition or results of operations, and such adverse effect could be material. Patent and Trademark Office. Further, companion Senate and House bills have been introduced in Congress that would award the land in trust to the tribe and prevent any further litigation, including pending cases, with regard to its status. Gaming authorities may deny an application for licensing for any cause which they deem reasonable. Changes in licensed positions must be reported to gaming authorities and, in addition to their authority to deny an application for licensure, qualification or a finding of suitability, gaming authorities have jurisdiction to disapprove a change in a corporate position. The tribe has initiated litigation challenging this decision in the U. Licenses typically require a determination that the applicant qualifies or is suitable to hold the license. Among other things, gaming laws require gaming industry participants to:. Generally, any person who fails or refuses to apply for a finding of suitability or a license within the prescribed period after being advised that it is required by gaming authorities may be denied a license or found unsuitable, as applicable.{/INSERTKEYS}{/PARAGRAPH} This list of risks and uncertainties, however, is only a summary of some of the most important factors that could cause our actual results to differ materially from those anticipated in forward-looking statements and is not intended to be exhaustive. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors, including, but not limited to:. Criteria used in determining whether to grant or renew a license to conduct gaming operations, while varying among jurisdictions, generally include consideration of factors such as:. In addition, we seek to increase revenues through enhancing the guest experience by providing popular games, restaurants, hotel accommodations, entertainment and other amenities in attractive surroundings with high-quality guest service. As of March 28, , we own and operate five properties. The transaction is subject to customary closing conditions, including review by the Colorado Division of Gaming and approval by the Colorado Limited Gaming Control Commission, and is expected to close in early We seek to continue to grow our business by actively pursuing the acquisition and development of new gaming opportunities and reinvesting in our existing operations. Delaware is surrounded by jurisdictions which permit slot machines and table games, such as Pennsylvania, New Jersey, Maryland and West Virginia. While new federal online gaming legislation has been introduced in Congress from time to time, there has been no federal legislative response to the U. New, relocated or expanded operations by other companies could increase competition for our gaming operations and could adversely affect us. You are cautioned not to place undue reliance on forward-looking statements. The failure to renew any of our licenses could adversely affect our gaming operations. Statements that contain these words and other statements that are forward-looking in nature should be read carefully because they discuss future expectations, contain projections of future results of operations or of financial positions or state other "forward-looking" information. Even if a waiver or reduced disclosure obligation is granted, an institutional investor generally may not take any action inconsistent with its status when the waiver was granted without once again becoming subject to the foregoing reporting and application obligations. Other jurisdictions, including states near our current properties such as Massachusetts and Connecticut , have legalized and expanded or have plans to license additional gaming facilities, video gaming terminals and other gaming offerings in the near future. We have taken various steps designed to increase our competitive position, including building a hotel adjacent to our Twin River Casino Hotel facility near Providence, Rhode Island, constructing a new facility in Tiverton, Rhode Island and obtaining regulatory approvals for changes in gaming operations designed to bolster our competitive position. In addition, more gaming jurisdictions could award additional gaming licenses or permit the expansion or relocation of existing gaming operations. On March 28, , we completed our merger with Dover Downs. Our Biloxi reportable segment includes only Hard Rock Biloxi. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Commission file number: Exact name of registrant as specified in its charter. {PARAGRAPH}{INSERTKEYS}FORM K. There can be no assurance that any of our licenses will be renewed. Licenses under gaming laws are generally not transferable without regulatory approval. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plans," "planned," "seek," "should," "will," and "would," or similar words. Mark One. The applicant must pay all the costs of the investigation. Typically, a state regulatory environment is established by statute and underlying regulations and is administered by one or more regulatory agencies with broad discretion to regulate the affairs of owners, managers and persons with financial interests in gaming operations. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. The introduction or expansion of gaming in neighboring jurisdictions, particularly Maryland, Virginia, West Virginia, Washington, D. Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. Our Operating Structure. In addition to us and our direct and indirect subsidiaries engaged in gaming operations, gaming authorities may investigate any individual who has a material relationship to or material involvement with any of our entities to determine whether such individual is suitable or should be licensed. With the completion of the transaction, the Hard Rock Biloxi became a wholly-owned subsidiary and continues to operate as the Hard Rock Biloxi. The outcome of this litigation and the likelihood of the proposed legislation passing is inherently uncertain. Legalized gaming is currently permitted in various forms in different parts of the U. In Delaware, we compete in local and regional markets with casinos, horse tracks and racinos. Additional casino gaming operations in the northeastern United States may adversely affect our results of operations in this market. We are a Delaware corporation based in Lincoln, Rhode Island, and a multi-jurisdictional owner of gaming and racing facilities. The MGC solicited public comment late in on this issue as it continues to evaluate whether to issue such license. District Court of Massachusetts. Identification No. As of March 28, , we own six trademarks and have four pending trademarks with the U. Moreover, in many jurisdictions, certain of our stockholders may be required to undergo a suitability investigation similar to that described above. Forward-looking statements involve inherent uncertainty and may ultimately prove to be incorrect or false. Supreme Court struck down as unconstitutional the Professional and Amateur Sports Protection Act of , a federal statute enacted to stop the spread of state-sponsored sports gambling. Licensing and Suitability Determinations. Also, the Massachusetts law allows the MGC at its discretion to award one additional commercial casino license, limited to the southeast region of the Commonwealth. Our officers, directors and certain key employees must file applications with the gaming authorities and may be required to be licensed or to qualify or be found suitable in many jurisdictions. Many of our gaming competitors are in jurisdictions with a closer proximity to large population bases and with a lower tax burden. Address of principal executive offices Zip Code. Our operations are all within the United States. Each of our facilities is subject to extensive regulation under the laws, rules and regulations of the jurisdiction where it is located. Among other things, gaming authorities in the various jurisdictions in which we conduct our business:. Additionally, groups seeking federal recognition as Native American tribes, as well as federally recognized Native American tribes, continue efforts to establish or expand casino gaming on reservation lands. To accomplish these public policy goals, gaming laws establish stringent procedures to ensure that participants in the gaming industry meet certain standards of character and responsibility. Various competitive properties have opened or will be opening in the future that may affect our flagship casino in Rhode Island. In recent years, the mid-Atlantic region has experienced an unprecedented expansion in gaming venues and gaming offerings and many analysts believe that the market is showing signs of saturation, in part due to the fact that new gaming venues often result in a substantial loss of business for existing locations. Finally, construction of a tribal casino in Taunton, Massachusetts is currently on hold following a U. We are unable to predict whether changes in federal recognition rules or efforts by federally recognized Native American tribes or groups seeking federal recognition as Native American tribes will lead to the establishment of additional tribal casino gaming operations in the northeastern United States. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Numerous states that border our locations have pending or proposed legislation which would allow for sports betting, including Connecticut, Massachusetts, Maryland, Louisiana, Tennessee, Oklahoma and Kansas, each of which could adversely affect our financial results. Licenses in the jurisdictions in which we conduct gaming operations are granted for limited durations and require renewal from time to time. Gaming laws are generally based upon declarations of public policy designed to protect gaming consumers and the viability and integrity of the gaming industry. Qualification and suitability determinations require submission of detailed personal and financial information followed by a thorough investigation. As a result, Washington, D. These laws, rules and regulations generally concern the responsibility, financial stability, integrity and character of the owners, managers and persons with financial interests in the gaming operations. In addition, gaming authorities may require us to terminate the employment of any person who refuses to file appropriate applications. Newport Grand, which represented an immaterial operating segment and operated up until its closing in August , has been aggregated with Twin River Casino Hotel and Tiverton Casino Hotel to form the Rhode Island reportable segment. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 a of the Exchange Act. Gaming authorities have broad discretion in determining whether an applicant qualifies for licensing or should be deemed suitable. Some gaming jurisdictions limit the number of licenses granted to operate casinos within the state, and some states limit the number of licenses granted to any one gaming operator. State or other jurisdiction of. Government Regulation. ITEM 1. Any change in the laws or regulations of a gaming jurisdiction could adversely affect our gaming operations. If one or more gaming authorities were to find that an officer, director or key employee fails to qualify or is unsuitable for licensing or unsuitable to continue having a relationship with us, we would be required to sever all relationships with such person. We may also face competition from other gaming facilities which are able to offer sports wagering services following the enactment of applicable legislation.