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four winds casino theater88 million shares outstanding the stock trading just over as of the July 3 close, a repurchase program that could potentially top 0 million means Twin River could significantly reduce the amount of freely floating stock, thereby boosting its earnings per share.60 percent since the March IPO, there has not been large selling by professional investors.At least one analyst believes the casino operator could generate 4 million in free cash flow next year and that half of that could be used to raise the dividend.To date, sports wagering in Rhode Island has fallen short of expectations, but gaming analysts believe that if the state can start executing on par with New Jersey or Pennsylvania, that could be a major catalyst for shares of Twin River.The company said it will pay a dividend of 10 cents a share per quarter.A Rhode Island MonopolyTwin River owns the only two casinos in the Ocean State, giving it a competitive advantage there.clearwater casino news