Tag: credit
Rhode Island bill would allow casino to extend $75K in credit
May 16, 2014
Providence Journal – The owners of the private Twin River casino are seeking legislative permission to give up to $75,000 in “interest-free, unsecured credit” on state-sponsored gambling. The bill was introduced last Thursday by new House Finance Chairman Raymond Gallison, D-Bristol. It has not yet been scheduled for a hearing, but came to light on the same day the House Judiciary Committee has scheduled a hearing on a second, tangential bill to protect unlucky gamblers from having a Rhode Island place a lien on their property for an unpaid gambling debt. The preamble to the bill allowing Twin River to…