RI expected to lose substanial lottery income

Members of the Rhode Island Lottery may be handed a pessimistic financial forecast  at their meeting on Monday. 

Gov. Lincoln Chafee’s budget suggests the Ocean State could lose over $300 million in lottery revenue between fiscal years 2016 and 2018. 

That report is based on an expected revenue drop when Massachusetts opens its three resort casinos and one slot parlor. 

However Twin River spokeswoman Patti Doyle was quoted recently in a Go Local Prov  article as saying the Lincoln facility is projecting an additional $60 million in revenue once the table games come online.

Article source: http://www2.turnto10.com/news/2013/jan/28/ri-expected-lose-substanial-lottery-income-ar-1330828/

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