Reworked no-bid Lottery deal for IGT partnership approved by Rhode Island House panel

Reworked no-bid Lottery deal for IGT partnership approved by Rhode Island House panel

Article brief provided by The Providence Journal
  • Katherine Gregg, The Providence Journal
May 7, 2021 8:01 PM
  • Katherine Gregg, The Providence Journal

A reworked 20-year no-bid Lottery deal for IGT and its new partner in Rhode Island’s gambling world won the approval of a key House committee on Thursday, after a tough year that has led the House GOP leader to question whether R.I. should rethink the numbers.

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The Finance Committee approved the deal on a 10-2 vote.

The bill obligates the IGT-led partnership to 1,100-plus jobs in Rhode Island in exchange for exclusive control through 2043 of the technology that runs Rhode Island’s state-sponsored gambling, from the Keno machines at the corner store to the two glitzy Twin River casinos.