Debt Concerns Shackle Rhode Island Racino

16 Sep, 2008 / GamblingCompliance Ltd. / Scott Van Voorhis

Rhode Island’s Twin River racino has won an extended, five-month reprieve from its lenders as it seeks to stave off bankruptcy. The racino, owned by a group of international gambling investors, is expected to use the extra time to push for additional concessions from state officials to relieve its crippling tax burden.