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1540 WADK.com Updates

Casino Developers Offer "Newport Partnership"

Although last nights city council vote did not favor the host agreement put together by the developers of Newport Grand, the Daily News reports that Joe Paolino said he and his partners are committed to Newport and put together a  new plan called the “Newport Partnership”. As part of the new plan, the partners have pledged a dollar for dollar match for whatever the city invests in the proposed North End Innovation Hub, up to $1 million dollars.  It also offers that Newport Grand remain permanently at its location and it would institute a responsible gambling program.  All this is contingent upon the approval of Question 1 by voters statewide and by voters in Newport.

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