Carcieri looks to nail down take from future casino - 2004-01-22
Still opposed to a planned casino, but protective of the state's two existing gambling parlors, Gov. Donald L. Carcieri is proposing two pieces of legislation that would act to keep a casino at bay.

One bill would demand any casino to pay the same share of revenues, 60 percent of the slot machine take, that Lincoln Park and Newport Grand pay. The
other would prohibit any single corporation from owning more than one gambling facility in the state.

The governor's proposals come on the heels of a poll conducted by Lincoln Park that found nearly 60 percent of Rhode Islanders favor a casino, but 75 percent said it should pay the same gaming tax as Lincoln and Newport.
Read the full story at Pawtucket Times

Resorts to develop adjacent site - 2004-01-22
Five months away from completing a $115 million hotel expansion, Resorts Atlantic City is developing plans for an additional major project next door.

The casino on Friday agreed to purchase a 12-acre site it now leases for surface parking, Resorts officials said Wednesday. They did not reveal the price, but previous securities filings disclosed a $40 million agreement.

"We're planning something next door that I'm excited about but can't talk about now," Nicholas Ribis, Resorts' vice chairman and minority owner, testified before the Casino Control Com-mission.
Read the full story at Press of Atlantic City