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Bankrupt slot parlor to remain open 24/7

25 June 2009

LINCOLN, Rhode Island -- As reported by The Providence Journal: "If Twin River slot parlor's bankruptcy protection filing does provoke criticism from the host community, it may come over an included proposal to go to 24-hour, 7-day-a-week gambling.

"It 'is not going to sit very well with residents,' Ronald A. McKenna, the Town Council president, said of a move to 24-7 operations. 'The governor right now is not thinking of the people of Lincoln. He is only thinking of the the bottom line. They are forcing this down our throats.'

"But the federal Chapter 11 bankrupcty proceeding by BLB Investors on Tuesday is not expected to affect the town's finances, which include a hefty share of revenue from Twin River, according to Town Administrator T. Joseph Almond. He added that officials' concern this year had been over whether the property would remain under private ownership, which enables the town to tax it.

"...Almond deferred to the residents of Lincoln on the matter of 24-7 gaming hours. If there is going to be opposition on that issue, he said, 'it's something that the people in the community have a right to decide...'

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