Harrah's Releases Plans for Rhode Island Casino
5 March 2004
WEST WARWICK, Rhode Island – As reported by the Providence Journal: "The $600-million casino proposed by the Narragansett Indian Tribe would be superlative, according to new renderings and figures from the tribe's financial backer, Harrah's Entertainment.
"There would be about 3,000 slot machines, more than at Lincoln Park or Newport Grand, along with 150 table games.
"The hotel, boasting 50 to 75 suites and more than 400 additional rooms, would be the biggest in the state.
"…Just last month, Harrah's officials were saying the casino they envision would cost $450 million to $500 million, but recent discussions with architects have bumped the number up another $100 million, said Harrah's executive David J. Satz.
"…For a casino to be built, the General Assembly would have to put it on the ballot in November, and voters would have to approve it.
"…By itself, the initial proposal is enough to worry potential competitors. Rudi Heater, vice chairman of the Rhode Island Hospitality and Tourism Association and general manager of Warwick's Crowne Plaza Hotel, said the casino's proposed 55,000 square feet of meeting and banquet space would draw customers away from the state-owned Rhode Island Convention Center, as well as his hotel…"