Deal Snapshot
Twin River Worldwide Closes USD 230m Acquisition of 2 Casinos from Eldorado Resorts
Friday 10 July 2020

Rhode Island, US-based Twin River Worldwide Holdings, Inc. (NYSE: TRWH) has closed the acquisition of the operations and real estate of Kansas City, Missouri's Isle of Capri Casino and Mississippi-based Lady Luck Casino from Eldorado Resorts, Inc. (NASDAQ: ERI), the company said.

The casinos were acquired in a cash transaction for USD 230m. The company expects to finance the purchase price with available cash. Isle Kansas City is located in Kansas City, Missouri overlooking the Missouri River in close proximity to downtown Kansas City and the Berkeley Riverfront.

Date Published: 10/07/2020