TIVERTON, R.I. (AP) - Twin River Management Group released an economic impact study that shows Rhode Island stands to gain millions of dollars if the group obtains approval to build a new casino in Tiverton.
The Providence Journal reports (https://bit.ly/2cAwjjf ) the study, released Tuesday, found that the state would see a net increase of 791 jobs, $30.2 million in tax revenue and $64.5 million in new economic activity by 2019.
The study takes into account the closure of the Newport Grand slots parlor as well as potential competition from a proposed casino in Taunton, Massachusetts.
Without the Taunton casino, Rhode Island’s gains would climb to 1,118 jobs, $53.3 million in tax revenue and $100.2 million in new economic activity.
A November ballot question asks voters to decide the Tiverton casino’s fate.
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Information from: The Providence Journal, https://www.providencejournal.com
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