The House Finance Committee is slated to vote Tuesday on a bill that would clear the path for a hotel to be built at Twin River in Lincoln. The casino was banned from building a hotel as part of a law passed in 2005.
Twin River says a hotel will help it compete, as the casino faces growing competition from new gambling facilities in Massachusetts and Connecticut. Gambling is Rhode Island’s third-largest source of state revenue, and out of state casinos could cut the Ocean State’s annual revenue by up to $100 million.
If the bill passes, local zoning ordinances in Lincoln would still apply to any hotel at Twin River.
And the bill would prohibit the Casino from marketing the hotel as a venue for conventions or the theater performances, like those staged at PPAC or the Veterans Memorial Auditorium in Providence.
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