Twin River Paying To Deal With Debt Ratio Violation

(Lincoln, RI)--Twin River Worldwide Holdings is settling a claim made against it by the state of Rhode Island that it violated terms of its debt-to-revenue ratio.The settlement calls for Twin River to make a 180-thousand-dollar payment to the state and boost the amount of money it spends at its Lincoln casino over the next three years by about twenty-million dollars.The problem came about after Twin River became a publicly-traded company earlier this year.


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