House approves Twin River hotel in bid to retain revenues

The Rhode Island House of Representatives unanimously approved a bill Thursday that would allow Twin River Casino in Lincoln to build a hotel on its premises, a move that officials and lawmakers say is necessary as an impending “casino arms race” heats up in the Northeast. But with competition from neighboring Massachusetts – which plans to open no fewer than four gambling facilities with the next few years – and a decline in consumer spending, lawmakers have cause for concern.