The analysts' 72-page report was aired during a Senate hearing Tuesday, on the same day that casino operator Twin River announced that Scientific Games, IGT's biggest rival in the competition for U.S. lottery contracts, is its newest partner in a high-stakes campaign for a bigger piece of Rhode Island's gambling business.

PROVIDENCE — Rhode Island could "conservatively" net $14 million a year in additional gambling revenue if the state put out to bid the Lottery contracts currently held exclusively by International Game Technology, according to the state's Office of Revenue Analysis.

The economic-impact study, requested by the Senate Finance Committee, answers a question lawmakers have asked repeatedly: How much, if any, "premium" has Rhode Island been paying for having 1,000-plus IGT jobs in the state?

The analysts also warned, however, of potential damage to the state's economy if IGT were to leave Rhode Island, and none of their 1,000-plus employees were to find new jobs here.

Asked by Sen. Louis DiPalma if it was reasonable to assume that none of the high-skilled IGT employees got "scooped up" by other software and information-technology companies, Paul Dion, the state's chief of revenue analysis, said: "No,'' the numbers reflected a "worst-case scenario."

The analysts' 72-page report was aired during a Senate hearing Tuesday, on the same day that casino operator Twin River announced that Scientific Games, IGT's biggest rival in the competition for U.S. lottery contracts, is its newest partner in a high-stakes campaign for a bigger piece of Rhode Island's gambling business.

Twin River — which opposes the 20-year, no-bid contract extension that Gov. Gina Raimondo is seeking to give the United Kingdom-based IGT, and is lobbying hard for a chance to submit a competing bid — announced its new partner Tuesday morning. The news release was headlined: "U.S. based Scientific Games partners with Twin River to bring world class performance to possible Rhode Island Lottery contract bid."

Accused by IGT and Raimondo of lacking the skills to replace IGT as the lead provider of the technology that powers Rhode Island's Lottery and video-slot operations, Twin River previously announced alliances with other known companies in the gambling field: Camelot and Intralot.

Scientific Games is the big get.

"Scientific Games brings industry leading performance to 150 lotteries across 50 countries, and operates lottery services in 44 states," the Twin River news release said. "It is the only full-service lottery company headquartered in the United States, providing lottery draw, instant, internet, mobile, video lottery and sports wagering solutions worldwide ... with more than 70 percent share of all U.S. instant game sales, and is the primary instant game supplier for 9 of the top 10 performing U.S. lotteries."

The response from IGT spokesman Bill Fischer: "It wouldn't be a hearing day without a special announcement from Twin River.... [But] once again, Twin River does not present any detailed plan on how they will replace IGT’s $111 million payroll or how long that would take to accomplish."

"We trust that the members of the General Assembly will see this for what it is — another empty announcement by Twin River that essentially says, 'trust us, we have a plan'."

The state's Office of Revenue Analysis looked at the impact of putting the Lottery package out to bid.

Using West Virginia's effective rate as a model, the analysts concluded that Rhode Island could shave $2.7 million annually off the amount it currently pays IGT to operate the traditional scratch-ticket Lottery.

Using Delaware's effective rate for comparison, they concluded Rhode Island could save $5.7 million annually on the system IGT provides to track spending and payouts on video slots at the two Twin River casinos in Lincoln and Tiverton.

The analysis also confirmed Twin River's oft-heard complaint that IGT's video-slot machines are the "lowest performing" of the state's three machine providers, netting $260.24 per day compared with the $302.73 and the $414.38 a day netted by the machines provided at the two Rhode Island casinos by its competitors.

Until recently, the state Lottery allowed IGT to supply up to 85% of those machine, then reduced their allotment for below-par performance. If Rhode Island rolled IGT's share of the machines all the way back to 50% — and gave those machines to the other, better-performing companies — the analysts suggested Rhode Island could net an additional $6.1 million annually. (IGT is seeking to lock in an 85% share.)

Adding up all of those numbers, the state analysts advised the senators:

Rhode Island could net an extra $14 million annually for schools, health care and myriad other state priorities by putting the Lottery package out to bid.

They did warn the lawmakers of the potential downside, however, including the "shock" to the Rhode Island economy if IGT pulled up stakes and a potential $13.6-million loss in tax revenues from the company and its employees.

"The loss of an employer the size of IGT with large average wages paid to its employees will have a negative impact on the state’s economic output that is likely to last multiple years," wrote the authors of the report, who include Dion and Madiha Zaffou, the state's principal economic and policy analyst.

"The increased state general revenues that result from a 'competitive bid' lottery contract will help to offset some of the aggregate losses ... [But] it is difficult, if not impossible, to fathom a realistic scenario in which increased state general revenues, in and of themselves, from a 'competitive bid' lottery contract would completely mitigate the negative consequences from IGT transferring its Rhode Island operations over the period analyzed."

IGT's current contract does not expire until 2023, but the company asked for — and Raimondo has backed — a 20-year extension to keep 1,000 "good-paying" IGT jobs here.

After more than three hours of competing charts and graphs and economic assumptions, Sen. Walter Felag fretted about an overarching concern in a state where the acronym "UHIP" is shorthand for computer debacle: what might happen if Rhode Island replaces International Game Technology with a competitor offering to charge less to run Rhode Island's third largest source of revenue.

"We don't have a good track history," Felag said.