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Newport Grand CEO Says Tolls Could Cost RI $16M in Gaming Revenue

The CEO of Newport Grand Slots weighs in on the bridge toll proposal — what do you think?

 

Plans to place bridge tolls on the new Sakonnet River Bridge could end up in a huge loss in gambling revenue for the state, says the Newport Grand slot parlor's chief executive officer. 

Newport Grand CEO Diane Hurley tells The Newport Daily News that bridge tolls would cost the state a maximum of $16 million in gambling revenue. Bridge tolls could be in place as early as this summer, according to The Providence Journal. 

Local and state politicians have been fighting plans to place tolls on the new Sakonnet River Bridge. 

The Department of Transportation (DOT) held public hearings in Tiverton and Portsmouth last month. Residents are asked to submit their opinion on tolls to the DOT by Jan. 18. 

 

What do you think? Do you agree with Hurley? Tell us in the comment section below.

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Mike M January 15, 2013 at 11:08 PM
I most certainly agree with her. I occasionally go to Newport Grand, IHOP, and other places on the Island. I use the Mt. Hope Bridge, but if tolls are added to that in addition to the Sakonnet, I'd go to Twin River instead, and IHOP in Providence RI instead. I would avoid the island, just as I avoid the Newport Bridge, as I hate paying $4 to cross a bridge. If I have to pay to get onto the island from any direction, I won't be going to flo's anymore for their cheap delicious fish and chips, because it will no longer be cheap if its up to $8 in tolls just to go there and back, that's more than the cost of the meal. I personally think tolls will crush the economy on the island, and many restaurants will loose significant revenue, and Newport Grand will likely become a ghost town, and will likely close down for good with tolls. Especially if casino's are built in Mass, why would you go to Newport and pay tolls for an old casino, when you can visit a brand new one with no tolls? Its odd that the article says a max of 16 million may be lost, not sure how they determined that number, but either way, the money that will be raised by tolls, will not make up for the money the state will loose in tax revenue, especially when dealerships, gas stations, casino, and restaurants begin to close their doors due to shrinking profits. And prices of everything will go up on the island, especially food costs and gas, which is already high! We should be helping the economy, not destroying it!

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