Twin River Worldwide Holdings anunció que ha firmado un acuerdo con Eldorado Resorts para adquirir Eldorado Shreveport Resort and Casino en Louisiana y Mont Bleu Resort Casino & Spa en Nevada por un precio total de compra de USD 155 millones.
Por separado, la compañía ha cerrado un convenio con Caesars Entertainment Corporation y Vici Properties para adquirir Bally’s Atlantic City Hotel & Casino por USD 25 millones en efectivo.
Igualmente, los precios de compra acordados están sujetos a los ajustes habituales posteriores al cierre.
Juntas, estas adquisiciones expanden significativamente la huella de Twin River en tres estados adicionales de Estados Unidos. Las tres propiedades combinadas contienen 3318 máquinas tragamonedas, 2092 habitaciones de hotel y 176 mesas, además de 6000 pies cuadrados de espacio para convenciones en Eldorado Shreveport Resort and Casino.
“Estas adquisiciones representan una oportunidad única para continuar ejecutando nuestra estrategia de expansión y diversificación. Vemos oportunidades significativas para crear conexiones de mercadeo cruzado para clientes en múltiples ubicaciones de Twin River, y esperamos aplicar nuestro enfoque comprobado de operación e integración para impulsar los ingresos incrementales y los flujos de efectivo”, comentó George Papanier, presidente y CEO de Twin River.
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Twin River Worldwide Holdings to acquire three casinos from Eldorado and Caesars
The three properties combined contain 3318 slots, 2092 hotel rooms and 176 tables, in addition to 6,000 square feet of convention space at the Eldorado Shreveport Resort and Casino.
Twin River Worldwide Holdings announced that it has entered into an agreement with Eldorado Resorts to acquire Eldorado Shreveport Resort and Casino in Louisiana and the Mont Bleu Resort Casino & Spa in Nevada for an aggregate purchase price of USD 155 million.
Separately, the company has entered into an agreement with Caesars Entertainment Corporation and Vici Properties to acquire Bally’s Atlantic City Hotel & Casino for USD 25 million in cash. The agreed upon purchase prices are subject to customary post-closing adjustments.
Together, these acquisitions significantly expand Twin River’s footprint into three additional U.S. states. The three properties combined contain 3,318 slots, 2,092 hotel rooms and 176 tables, in addition to 6,000 square feet of convention space at the Eldorado Shreveport Resort and Casino.
«These acquisitions represent a unique opportunity to continue executing on our expansion and diversification strategy at attractive valuation multiples. We see significant opportunities to create cross marketing connections for customers at multiple Twin River locations, and we look forward to applying our proven operating and integration approach to drive incremental revenues and cash flows,” commented George Papanier, President and Chief Executive Officer of Twin River.
