sentences:  From the time it opened to September 30, 1936 it posted a net profit of $2,017,381.54.In 1934 Rhode Island received over $800,000 in revenue from the track, which was more than 10% of the state's entire budget.Narragansett also became known as somewhat of a “High Society” due to its proximity to Newport, Rhode Island – the summer resort of many wealthy owners from New York City.