Large Map
  • Also on WPRI.com
RIGOA  rejects Twin River's buyout RIGOA rejects Twin River's buyout

The RI Greyhound Dog Owners Association have been given the …

Twin River to suspend dog racingTwin River to suspend dog racing

In preparation for possible bankruptcy, Twin River has informed…

State ends talks with Twin RiverState ends talks with Twin River

A financial rescue plan for Twin River in Lincoln has fallen …

Twin River defaulted on agreementTwin River defaulted on agreement

Twin River's chief lender has disclosed that the state's …

Lawmakers consider Twin River buyoutLawmakers consider Twin River buyout

House Speaker William Murphy says Rhode Island needs to protect…

Caprio wants state takeover of Twin RiverCaprio wants state takeover of Twin…

State Treasurer Frank Caprio says he thinks the state should …

Carcieri: RI won’t bail out Twin RiverCarcieri: RI won’t bail out Twin River

PROVIDENCE, R.I. (AP) - Gov. Donald Carcieri says the owners of…

2nd agency downgrades Twin River's credit rating2nd agency downgrades Twin River's…

A major credit rating agency cited a "high probability" that …

Twin River officials want state to slash its cutTwin River officials want state to…

The owners of Twin River slot parlors want to pay the state …

Twin River seeks new financial deal with stateTwin River seeks new financial deal…

One of Rhode Island's licensed slot parlors is seeking a new …

RIGOA rejects Twin River's buyout

RI Greyhound Dog Association wants job security

Updated: Thursday, 04 Jun 2009, 6:43 AM EDT
Published : Wednesday, 03 Jun 2009, 5:34 PM EDT

LINCOLN, R.I. (WPRI) - The RI Greyhound Dog Owners Association have been given the opportunity to continue racing at the gaming facility Twin River in Lincoln.

In the offer Twin River would give RIGOA annual payment of $2 million dollars for a period of three years. After that time, the facility would be available to RIGOA at no charge. The dog owners would then take responsibility for all expenses and recoup all the revenue.

RIGOA has rejected the offer.

“We have been a strong partner and asset to Twin River for the past four years and have worked hand-in-hand with them to make Twin River successful both for BLB Investors and the state of Rhode Island.” said Richard Brindle, RIGOA president.

“We are not looking for a buyout, but to protect jobs. It is our priority to ensure greyhound racing continues at Twin River and that 225 employees are not forced onto the state’s already packed unemployment rolls,” he concluded.

 

Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the story itself. If you do not follow these rules, we will remove your post. Keep it civil, folks!

  • Suggested Stories