Rhode Island state lottery could see revenues decline

Jun 18, 2012 5:29 PM

If Rhode Island voters approve full casino gambling at both Twin River and Newport Grand slot facilities in November, the state lottery is expected to see declines in revenue. So, GTECH Corp., the company that runs the lottery for the state is asking for relief from a requirement that it upgrade certain computer equipment.

Legislation is being considered to ease the financial burden GTECH will bear in losses from a promotional program at the two slot parlors.

A company spokesman said the promotional program has cost the company $3.3 million over 18 months.

Gov. Lincoln Chafee had said the provision in the legislation easing GTECH’s costs could complicate the November referendum.