Twin river casino losing money

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“We are hopeful the post Labor Day trend of increased customer traffic will afford us with the opportunity to re-hire some of our impacted employees.”Įncore, meanwhile, raked in $65 million in gaming revenue from its fireworks-filled June 23 opening through July 31, according to state figures released Thursday - $35 million from table games and $30 million from slot machines. “As a company that has grown from 1,000 employees to nearly 2,500 in Rhode Island alone in seven short years, we value all of our employees,” the casino said Thursday. The casino has said that any dealer who is “impacted by the downturn in business” in Lincoln will be given the opportunity to transfer to the company’s Delaware casino, Dover Downs, without any loss of seniority. The company is in the process of purchasing three other casinos in Colorado, with the deal expected to close later this year or in the first quarter of 2020. Twin River also owns casinos in Delaware and Mississippi, as well as a horse track in Colorado. And that’ll go back and forth over time,” he said.

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“What’s happening with the increase in casinos in this region, they’re cannibalizing each other’s client base.

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