Entertainment
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GTECH S.p.A. on Thursday reported second-quarter net income of 65.6 million euros ($89.9 million based on the exchange rate of $1.37 per euro on June 30), a 9 percent decline compared with the €72.1 million ($98.8 million) income for the same period last year. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
BOSTON – According to Massachusetts state records, from 2007 to 2013, more $16.5 million was spent on lobbyists for the gambling industry, the Boston Globe reported on its website last week. A majority of that money came from the developers and property owners vying for one of the few potentially lucrative casino licenses in the state. more
While perhaps best known for his stint as Providence mayor, Joseph R. Paolino Jr. has been a presence in the state’s real estate industry for several decades. He’s currently managing partner at Paolino Properties, a development and real estate firm who’s portfolio includes several downtown Providence properties. more
The filming of Woody Allen’s latest movie in Rhode Island, bringing actors Joaquin Phoenix and Emma Stone in the starring roles, has brought both a summer movie buzz and an entourage of cast and crew who will be spending dollars in the Ocean State. more
(Editor’s note: This is the first story in a two-part series looking at the impact of the 38 Studios LLC bankruptcy on the local gaming industry and the company’s employees.) more
David M. Wax, managing director of the nonprofit Sandra Feinstein-Gamm Theatre, is retiring after two years in the position. more
Bringing Broadway to the Providence Performing Arts Center will continue through the 2016-17 season thanks to a new multi-year sponsorship by the Taco/White Family Foundation. more
(Updated, 11 a.m.) GTECH S.p.A. has agreed to purchase International Game Technology Inc., a gaming entertainment company headquartered in Las Vegas, for approximately $4.7 billion in cash and stock, merging the two companies under a newly formed U.K. holding company. more
The Mohegan Tribal Gaming Authority, owner of Connecticut’s top-grossing casino, is accelerating its push outside the state as competition threatens to lure more players from its home turf. more
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