Bally’s Corporation Donates to Rhode Island Community College

Spread the Word:

Bally’s Corporation has announced a $5 million donation to the Community College of Rhode Island (CCRI) Foundation.

The contribution, the largest private donation in the college’s six-decade history, is earmarked for the development and launch of new educational programs in the gaming, hospitality, and security sectors.

Bally’s is based in Rhode Island, with its headquarters in Providence. It operates 15 venues in the U.S. across 10 states, including two casinos in the Ocean State. It is also one of only two licensed Rhode Island online casino operators, alongside International Gaming Technology.

“It is an honor to partner with CCRI on such an exciting and important initiative,” said Bally’s Corporation Chairman Soo Kim.

“We are proud to play an integral part in offering higher education opportunities for Rhode Island’s workforce, creating new jobs and driving economic development.”

A Landmark Partnership

The collaboration was unveiled at an event at CCRI’s Flanagan Campus, attended by notable figures including Kim, Rhode Island Governor Daniel McKee (D), Senate President Dominick Ruggerio, and House Majority Leader Chris Blazejewski.

“This landmark partnership between Bally’s and CCRI will provide important learning and training for our CCRI students, leading to new workforce opportunities,” said McKee.

The donation offers a unique college opportunity for Rhode Island and New England residents, offering a comprehensive, gaming-focused curriculum.

Lessons will span various facets of the gaming and hospitality industry, from dealer training and casino operations to cybersecurity and hotel management. The college aims to roll out degree programs by fall 2024, with the Division of Workforce Partnerships focusing on short-term credentials to enhance the skills of Bally’s current workforce.

Scholarships and Future Prospects

Beyond the curriculum, Bally’s investment will also fund scholarships for Rhode Islanders keen on pursuing careers in the gaming and hospitality sectors.

 “We are thankful for Bally’s belief in our college and its students. Our track record in expanding new programs ensures that students get opportunities to learn and work to their fullest potential,” said CCRI Interim President Rosemary A. Costigan

“The generous gift provided by one Rhode Island-based company for the benefit of so many of our state’s community college students is a powerful way to advance economic and social opportunity and teach meaningful, transferable workforce skills.”

The Community College of Rhode Island is the state’s largest public higher education institution. It plays a pivotal role in serving a diverse student body, many of whom might not otherwise attend college. Bally’s donation will enhance their offering with new courses and extra facilities.

Rhode Island has already negotiated a very favorable tax deal with Bally’s, and in return, it is the exclusive online casino provider to state residents.

Rhode Island slot revenues are taxed at 61%. That is “the best deal on the books,” according to one state legislator, speaking earlier this year.

As well as having the financial clout to make $5 million educational donations in its home state, Bally’s has been spending big on upgrading its national online sports betting app. It recently relaunched Bally Bet in Ohio, with several other states soon to follow, after closing the app for two months while it worked on an upgrade with software provider Kambi.

Related News

March 6, 2024

Bally’s Opens Rhode Island Online Casino Market

Rhode Island has become the seventh state to launch an online casino market with the opening of Bally’s online casino on Tuesday. The new Rhode Island online casinos market will, […]

March 6, 2024

College Athlete Compensation Gets Complicated with Unionization Vote and New NIL Law

Officially, the NCAA still considers its athletes to be amateurs. Millions roll in with new college football television contracts, and the upcoming Men’s NCAA Division I Basketball Tournament is worth […]

March 5, 2024

Maryland Bans College Player Prop Bets

As of last Friday, regulator Maryland Lottery Gaming Control Agency (MLGCA) has banned player-specific prop bets from the state’s sports betting market. Among U.S. markets, only those sports betting in […]

February 25, 2024

Ohio Bans College Sports Prop Bets

The Ohio Casino Control Commission this week announced it is banning sportsbooks in the state from offering proposition bets on individual players in college sports matches. The move comes three […]

Stay Ahead of the Game

Are you ready to take your online gambling experience to the next level? Sign up for the LetsGambleUSA newsletter and get the latest news, exclusive offers, and expert tips delivered straight to your inbox.