Rhode Island’s Governor Gina Raimondo has been under a lot of flak for single-handedly extending the contract with IGT for another 20 years.
She had been vociferously criticized by lawmakers and also from industry stakeholders for granting a billion-dollar contract without going into any competitive bidding process.
With the pressure mounting, Raimondo opted to break silence on her controversial move.
“There are only three companies in the country capable of operating the lottery. Only one of them was founded in Rhode Island, has 1,000 jobs in Rhode Island, and is right outside this building,” she said in her recent statement to the press, explaining her decision.
Last week, Twin River partnered with Camelot Lottery Solutions to submit a joint proposal to operate the Rhode Island lottery system. The gambling operator in its proposal has said that they would create 1,100 new jobs. Moreover, they have also given a $100 million guarantee. An investment of $75 million in development has also been promised.
Moreover, the two rival companies have spent over half a million dollars paying lobbyists. According to John Marion, the executive director of Common Cause Rhode Island, it could be the biggest lobbying campaign in the state in recent times.
According to the reports the two companies have paid $512,500 to 24 different lobbyists to be precise.