economic development

Chafee names firm for gambling impact study

COURTESY TWIN RIVER
GOV. Lincoln D. Chafee said he selected Christiansen Capital Advisors LLC to conduct an economic impact study on R.I.’s lottery, Twin River and Newport Grand as Massachusetts legislators work on a bill allowing casino gambling in the state.
Posted 11/16/11

PROVIDENCE – Gov. Lincoln D. Chafee said he selected Christiansen Capital Advisors LLC to conduct an economic impact study on Rhode Island’s lottery, Twin River and Newport Grand as Massachusetts legislators work on a bill allowing casino gambling in the state.

“We are prepared for competition – whether it comes from Massachusetts, Connecticut, or New Hampshire – and I remain fully committed to protecting this vital source of revenue,” said Chafee in a news release Tuesday. Proceeds from the lottery, Twin River and Newport Grand are the state’s third largest source of revenue, he said.

The R.I. Lottery paid $354.9 million into the state’s general fund for the fiscal year that ended June 30, Providence Business News reported Oct. 10.

The agreement with Christiansen closed Oct. 26, Chafee said.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News