Study: R.I. among largest 'racino' gambling markets
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A report released Monday by the American Gaming Association places Rhode Island, with $407.5 million in gaming revenue, among the nation's largest racetrack-casino markets. The report comes out as Rhode Island politicians debate the future of the financially troubled Twin River slot parlor, which has said it wants to end greyhound racing in August. Rhode Island is among the largest racetrack casino markets in the country, according to a study released Monday by the American Gaming Association. Rhode Island gambling facilities generated $407.5 million in gross "racino'' gaming revenues in fiscal 2008, according to association statistics compiled in its annual State of the States report on the gambling industry. In one ranking -- "Providence, RI" -- placed third among individual communities with racetrack-casino combinations. Racetrack-casino combinations are known as racinos. In some cases, the gambling is limited to slot machines, but many locations include table games such as blackjack, poker, and roulette. The report attributed $407.5 million in gross racino gaming revenue to Providence. Yonkers, N.Y., with $486.5 million, ranked first and Charles Town, W. Va., with $454 million, ranked second. In the second ranking, Rhode Island -- with two "racetrack casinos" -- was the state with the fifth-largest gross racino gaming revenue, again with $407.5 million. The rankings make no mention of the separate Twin River or Newport Grand slot parlors, or their locations in Lincoln and Newport, respectively. The fate of greyhound racing at Twin River is now the subject of political debate in the state as the financially troubled slot parlor seeks ways to cut costs and increase revenues. 
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