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Bally's Twin River Lincoln
Bally's Twin River Lincoln Casino Resort, previously Twin River Casino Hotel, is a casino, hotel, and former race track in Lincoln, Rhode Island, owned and operated by Bally's Corporation. The facility has of gaming space, with 4,108 slot machines, 97 Casino game#Table_games, table games, and 23 poker tables. The hotel has 136 rooms. Other amenities include a event center, 16 eateries, 7 bars, and a racebook. History Lincoln Downs opened on July 7, 1947. It was built by B. A. Dario, owner of the Pascoag Park Racetrack in Pascoag, Rhode Island, and accommodated 5,800 spectators in the grandstand, plus 2,000 more in the clubhouse and turf club. In 1976, Dario closed the track early, stating that it had lost $400,000 in 28 days, due to the loss of customers to Connecticut's off-track betting and jai alai, and the state's refusal to allow the track to keep a larger share of the betting handle. Later that year, Dario sold his 82 percent controlling interest in the park to the Taunt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lincoln, Rhode Island
Lincoln is a town in Providence County, Rhode Island, United States. The population was 22,529 at the 2020 census. Lincoln is located in northeastern Rhode Island, north of Providence. Lincoln is part of the Providence metropolitan statistical area and the Greater Boston combined statistical area. Lincoln was settled in the 17th century as part of the Louisquisset grant, and several colonial stone-enders still exist in the town. Lincoln Woods State Park is located within the town. Limestone quarrying has occurred there since colonial times at the village of Lime Rock. Lincoln was a part of the town of Smithfield until 1871, when it was split off and named in honor of Abraham Lincoln. Lincoln became an important mill town in the late 19th century, with many textile factories running along the Blackstone River. Lincoln's villages include Manville, Albion, Lime Rock, Lonsdale, Fairlawn, Quinnville, and Saylesville. In 2008, the town was ranked #63 in Money Magazine's "Best P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Tote
United Tote is an American company that provides totalizator equipment and services for parimutuel wagering at racetracks. It is owned by Churchill Downs, Inc. History United Tote was founded in the 1950s by the Shelhamer family of Montana. The company made its initial public offering in 1984, raising $7 million. In 1986, United Tote bought Sunland Park Racetrack in New Mexico for $3.5 million. In 1989, United Tote purchased one of its largest competitors, Autotote Systems, from Thomas H. Lee. Before the two companies' operations could be integrated, the merger was challenged by federal antitrust regulators. A 1991 court ruling forced the company to split back up, and the original United Tote assets were sold back to the Shelhamer family. In 1994, the company was purchased by Video Lottery Technologies, Inc., a maker of lottery equipment, for $19.6 million in cash, $10 million in promissory notes, and an earnout agreement worth up to $10 million. Video Lottery Technolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gaming And Leisure Properties
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 55 casino properties, all of which are leased to other companies. History The company was created as a corporate spin-off from Penn National Gaming (now Penn Entertainment), effective November 1, 2013. The corporate breakup was designed to increase investor returns by taking advantage of the lack of federal income taxes on REITs. In November 2013, GLPI agreed to finance a proposed billion-dollar casino in Milford, Massachusetts, but the project was killed days later when town voters rejected the casino. In January 2014, the company acquired the real estate assets of the Casino Queen in East St. Louis, Illinois for $140 million, and leased them back to the casino's operating company for $14 million a year. GLPI also loaned $43 million to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sankaty Advisors
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wells Fargo
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank which designates its Sioux Falls, South Dakota site as its main office. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the "Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands. Wells Fargo, in its present form, is a result of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starwood Capital
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners. History In 1991, at the age of 31, Sternlicht launched the firm to buy apartment buildings that were being sold by the Resolution Trust Corporation, created by the federal government to hold and liquidate the real estate assets owned by failed banks after the savings and loan crisis. Sternlicht raised $20 million from the families of William Bernard Ziff Jr. and Carter Burden of New York to fund these purchases. In 1993, the company contributed the apartment portfolio to Sam Zell's Equity Residential in exchange for a 20% stake in the company. In 1994, in partnership with Goldman Sachs, the company purchased Westin Hotels & Resorts in a $561 million transaction. In January 1995, Starwood purchased Hotel Investors Trust, an almost-bankr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sol Kerzner
Solomon Kerzner, (23 August 1935 – 21 March 2020) was a South African accountant and business magnate. He founded both of South Africa's largest hotel groups, the Southern Sun Hotel Group and Sun International. He was also the Founder, Chairman, and CEO of Kerzner International. During his career in the resort industry he was involved in various political and business controversies. Early life and education Kerzner was born in Durban to Russian Jewish immigrants. His family owned and operated a chain of kosher hotels. Kerzner graduated from the University of the Witwatersrand, Johannesburg with a BCom (Hons) in Accounting, and later qualified as a Chartered Accountant. He then took control of the family company. Career In 1962, he purchased the Astra Hotel in Durban. Following the success of that property, Kerzner built South Africa's first five-star graded hotel in Umhlanga, a town north of Durban – he opened this resort in December 1964 which he named the Beverly Hil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MGM Mirage
MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Carcieri
Donald Louis Carcieri ( ; ; born December 16, 1942) is an American politician and corporate executive who served as the 73rd Governor of Rhode Island from January 2003 to January 2011. Carcieri has worked as a manufacturing company executive, aid relief worker, bank executive, and teacher. As of 2022, he is the last Republican to have served as Governor of Rhode Island. Personal background Carcieri was born and raised in East Greenwich, Rhode Island, the son of Marguerite E. (née Anderson) and Nicola J. Carcieri, a football and basketball coach at East Greenwich High School. His father was Italian American and his mother was Swedish American. Carcieri played baseball, basketball, and football while in high school and received a college scholarship. He graduated from Brown University with a degree in International Relations. Carcieri started his career as a high school math teacher, working in Newport, Rhode Island and Concord, Massachusetts. He later became a banker and business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Narragansett Indian Tribe
The Narragansett people are an Algonquian American Indian tribe from Rhode Island. Today, Narragansett people are enrolled in the federally recognized Narragansett Indian Tribe. They gained federal recognition in 1983. The tribe was nearly landless for most of the 20th century but acquired land in 1991 in their lawsuit ''Carcieri v. Salazar'', and they petitioned the Department of the Interior to take the land into trust on their behalf. This would have made the newly acquired land to be officially recognized as part of the Narragansett Indian reservation, taking it out from under Rhode Island's legal authority. In 2009, the United States Supreme Court ruled against the request, declaring that tribes which had achieved federal recognition since the 1934 Indian Reorganization Act did not have standing to have newly acquired lands taken into federal trust and removed from state control. Reservation The Narragansett tribe was recognized by the federal government in 1983 and contro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Video Lottery Terminals
A video lottery terminal (VLT), also sometimes known as a video gaming terminal (VGT), video slots, or the video lottery, is a type of electronic gambling machine. They are typically operated by a region's lottery, and situated at licensed establishments such as bars and restaurants. VLTs typically feature a selection of multiple games, primarily video slot machines and Keno. Their exact operation depends on local law: many VLTs are stand-alone devices containing a random number generator. Each terminal is connected to a centralized computer system that allows the lottery jurisdiction to monitor gameplay and collect its share of revenue. The outcome of each wager on a VLT is random. VLT operators are not able to program the total amount wagered, or payouts, through the central computer system. A minimum percentage payout usually is written into that jurisdiction's law. That percentage is realized not by manipulation of the game, but by adjusting the expected overall payout. In som ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
