“We are not a scarcity …. Moving forward on any economic opportunities good for
Governor McKee
Most of the money lost on casino gambling around the country, up to 80 percent, comes from households earning less than $50,000 a year, according to a report in the Christian Science Monitor
Twin River / Bally’s leverages their monopoly on gaming to wield an unfair advantage in the Rhode Island Entertainment Market, negatively impacting local businesses
Today’s groundbreaking, with the planned expansion into the Luxury Spa Market is in direct violation of the original Twin River agreement, which sought to limit competition with locally owned Rhode Island Small Business
Finally, a significant portion of gaming revenue leaves Rhode Island in the form of capital flight, lost forever, further draining the local economy, where the income would have generated a significant multiplier effect
Governor McKee, Why are we celebrating?
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