Developers want to spend $40 million to turn the Newport Grand slot parlor on into a Monte Carlo-style casino. The investors, that include former real estate developer and former Providence Mayor Joseph Paolino, have signed and agreement to buy Newport Grand from current owner Diane Hurley contingent upon Newport voters approving the addition of table games to the slot parlor. The Daily News reports that developers have asked to get it on the upcoming November Ballot and that the resolution be voted on at the city councils May 28th meeting.
