By The Weekly Edge desk ·
Bally’s two Rhode Island casinos generated July revenue of $54.6m, a 2.7% annual increase, CDC Gaming reported, citing Rhode Island Lottery figures. Slots brought in $45.4m, up 4.6%, while table games contributed $9.2m, down 6.1%.
Bally’s Rhode Island revenue increased as slot growth outweighed declining table game revenue.
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Operators and investors can see Rhode Island’s rising table revenue failed to offset falling slot revenue in August.
Bally’s finance leadership changes amid Chicago casino project delays, a dispute with city officials and liquidity concerns.
The financing supports Bally’s planning and pre-construction, while additional capital remains necessary for the proposed resort.
WhiteHawk Capital Partners’ $560m financing provides capital to advance Bally’s planned $4bn Bronx casino resort.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The proposals could expose sweepstakes operators in both states to fines or felony penalties if enacted.