Home Rhode Island Stands to Lose Revenue with Massachusetts Casinos
Las Vegas style gambling is available in Rhode Island but they are keeping an eye out for the Massachusetts casinos so to fend off competition, Massachusetts added the dog track venue. Rhode Island relies heavily on their revenues from gambling and Massachusetts gamblers like to travel to Twin River Casino and Newport Grand to gamble.
A 2013 study concluded that Bay State visitors “continued to out-visit and outspend” Rhode Island gamblers. Massachusetts residents spent more than 50 percent of all visits to the casino and spent over $270 million on gambling, food, drinks and other entertainment. Rhode Islanders spent about $30 million less than that.
But, because Massachusetts seems to love the gamble so much there are plans to license three casinos and one slot parlor. This means that Massachusetts gamblers probably will gamble in their own state. This will be significant and dramatic for Rhode Island.