Rhode Island state regulators are opposing a proposal from Bally’s they say would see the state fork over millions more a year to the casino company.
The Department of Revenue claims the plan, using current numbers, would increase the state’s marketing payment to Bally’s by $2.756 million a year.
A bill introduced in the state Senate Friday, and the subject of a committee hearing Wednesday, would merge the marketing contract between Bally’s and the state for both the Twin River casino in Lincoln and the Tiverton casino.
The amount of money the state gives Bally’s for marketing is currently regulated by two different rate structures for the two casinos.
