Twin River Worldwide Holdings

Caesars Entertainment and VICI Properties Complete Sale of Bally’s Atlantic City

Retrieved on: 
Wednesday, November 18, 2020
Entertainment, Commercial Building & Real Estate, Lodging, Construction & Property, Destinations, Travel, Casino, Gaming, Companies, Gambling, Caesars Entertainment Corporation, Entertainment, Caesars Entertainment, Vici Properties, Caesars Palace, Park Place Entertainment, Twin River Worldwide Holdings, Vici, Harrah's Entertainment

Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars Entertainment or Caesars) and VICI Properties Inc. (NYSE:VICI) (VICI Properties or VICI) today announced they have completed the previously disclosed transaction to sell Ballys Atlantic City to Ballys Corporation (NYSE: BALY), previously known as Twin River Worldwide Holdings Inc., for $25.0 million.

Key Points: 
  • Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars Entertainment or Caesars) and VICI Properties Inc. (NYSE:VICI) (VICI Properties or VICI) today announced they have completed the previously disclosed transaction to sell Ballys Atlantic City to Ballys Corporation (NYSE: BALY), previously known as Twin River Worldwide Holdings Inc., for $25.0 million.
  • The proceeds of the transaction were split 75% to VICI and 25% to Caesars, while the annual base rent payments under the Regional Master Lease between Caesars and VICI remain unchanged.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.

Twin River Worldwide Holdings to Report Third Quarter 2020 Results on October 29, 2020

Retrieved on: 
Tuesday, October 13, 2020
Regions of the United States, Northeastern United States, States of the United States, Twin River Worldwide Holdings, RHODE ISLAND, New York Stock Exchange, DELAWARE

Providence, R.I., Oct. 12, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") will release financial results for the third quarter 2020 prior to the market opening on Thursday, October 29, 2020.

Key Points: 
  • Providence, R.I., Oct. 12, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") will release financial results for the third quarter 2020 prior to the market opening on Thursday, October 29, 2020.
  • Management will host a conference call on the same day at 8:00 a.m. EDT to discuss results.
  • An audio webcast of the conference call will be available via the Investors section of the Company's website www.twinriverwwholdings.com .
  • About Twin River Worldwide Holdings, Inc.
    Twin River Worldwide Holdings, Inc. owns and manages nine casinos, two in Rhode Island, two in Mississippi, one in Delaware, one in Missouri and three casinos as well as a horse racetrack that has 13 authorized OTB licenses in Colorado.

theScore Bet Secures Market Access from Twin River Worldwide Holdings, Inc. to Operate Online Casino in New Jersey

Retrieved on: 
Thursday, August 27, 2020
Sports, Casino, Gaming, Mobile Entertainment, Entertainment, General Sports, Mobile software, Score Media and Gaming Inc., Companies, Score Media, Sports betting, Twin River Worldwide Holdings, Groupe Casino, Entertainment

Score Media and Gaming Inc. (TSX Venture: SCR) (theScore or the Company), is pleased to announce that its subsidiary, Score Digital Sports Ventures Inc. (theScore Bet) has secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (Twin River).

Key Points: 
  • Score Media and Gaming Inc. (TSX Venture: SCR) (theScore or the Company), is pleased to announce that its subsidiary, Score Digital Sports Ventures Inc. (theScore Bet) has secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (Twin River).
  • We are excited to partner with theScore and to provide our Atlantic City guests with a highly-personalized i-Gaming experience, says George Papanier, President and CEO of Twin River Worldwide Holdings.
  • Under the agreement, Twin River will receive a percentage of revenue derived from theScore Bets online casino operations in New Jersey, subject to certain annual minimum guaranteed amounts, an upfront fee, and renewal fees if applicable.
  • Earlier this month, theScore Bet was named Best Online Mobile Sports Betting Experience at the Cynopsis Sports Media Awards.

FTC Approves Final Order Imposing Conditions on Casino Operators Eldorado Resorts, Inc. and Caesars Entertainment Corporation

Retrieved on: 
Wednesday, August 26, 2020
States of the United States, Geography of California, Geography of the United States, Bossier City, Louisiana, Shreveport, Louisiana, Twin River Worldwide Holdings, Federal Trade Commission, Lake Tahoe, Eldorado Resorts, Caesars Entertainment Corporation

Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.

Key Points: 
  • Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.
  • According to the complaint, which was first announced in June, the proposed acquisition would likely harm competition for casino services in the South Lake Tahoe area of Nevada and the Bossier City-Shreveport area of Louisiana.
  • The final order requires the parties to divest casino-related assets to Twin River Worldwide Holdings, Inc. in both markets.
  • The Commission vote to approve the final order was 3-1-1.

FTC Approves Final Order Imposing Conditions on Casino Operators Eldorado Resorts, Inc. and Caesars Entertainment Corporation

Retrieved on: 
Wednesday, August 26, 2020
States of the United States, Geography of California, Geography of the United States, Bossier City, Louisiana, Shreveport, Louisiana, Twin River Worldwide Holdings, Federal Trade Commission, Lake Tahoe, Eldorado Resorts, Caesars Entertainment Corporation

Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.

Key Points: 
  • Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Eldorados $17.3 billion agreement to acquire Caesars likely would violate federal antitrust law.
  • According to the complaint, which was first announced in June, the proposed acquisition would likely harm competition for casino services in the South Lake Tahoe area of Nevada and the Bossier City-Shreveport area of Louisiana.
  • The final order requires the parties to divest casino-related assets to Twin River Worldwide Holdings, Inc. in both markets.
  • The Commission vote to approve the final order was 3-1-1.

PointsBet Announces Partnership with Twin River Worldwide Holdings, Inc. To Launch Online Casino Product in New Jersey

Retrieved on: 
Thursday, August 6, 2020
Regions of the United States, Bally's Atlantic City, Caesars Entertainment Corporation, Twin River Worldwide Holdings, Atlantic City, New Jersey, Groupe Casino, NEW JERSEY

The partnership will lead to the launch of PointsBet's proprietary online casino product in the state of New Jersey, pending Twin River's completion of its acquisition of Bally's Atlantic City Hotel & Casino in Atlantic City, New Jersey, and obtaining the necessary regulatory licenses and approvals.

Key Points: 
  • The partnership will lead to the launch of PointsBet's proprietary online casino product in the state of New Jersey, pending Twin River's completion of its acquisition of Bally's Atlantic City Hotel & Casino in Atlantic City, New Jersey, and obtaining the necessary regulatory licenses and approvals.
  • "PointsBet is thrilled to partner with Twin River to offer its flagship online casino product in New Jersey as a complement to its critically acclaimed sportsbook," noted Manjit Gombra Singh, PointsBet President of Product & Technology.
  • "PointsBet will be a great addition to our growing partnerships with innovative leaders around the world," says George Papanier, President and CEO of Twin River Worldwide Holdings.
  • The New Jersey launch of PointsBet's online casino product will be a fast follow of its debut in the state of Michigan, expected in the second half of 2020.

Twin River Worldwide Holdings to Report Second Quarter 2020 Results on August 11, 2020

Retrieved on: 
Wednesday, July 29, 2020
Regions of the United States, Twin River Worldwide Holdings, RHODE ISLAND, New York Stock Exchange

PROVIDENCE, R.I., July 29, 2020 /PRNewswire/ --Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") will release financial results for the second quarter 2020 prior to the market opening on Tuesday, August 11, 2020.

Key Points: 
  • PROVIDENCE, R.I., July 29, 2020 /PRNewswire/ --Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") will release financial results for the second quarter 2020 prior to the market opening on Tuesday, August 11, 2020.
  • Management will host a conference call on the same day at 8:00 a.m. EDT to discuss results.
  • An audio webcast of the conference call will be available via the Investors section of the Company's website www.twinriverwwholdings.com .
  • About Twin River Worldwide Holdings, Inc.
    Twin River Worldwide Holdings, Inc. owns and manages nine casinos, two in Rhode Island, two in Mississippi, one in Delaware, one in Missouri and three casinos as well as a horse racetrack that has 13 authorized OTB licenses in Colorado.

DraftKings Retail Sportsbook Makes Colorado Debut at Mardi Gras Casino

Retrieved on: 
Thursday, July 9, 2020
Twin River Worldwide Holdings, Economy of the United States, Companies, Isle of Capri Casinos, Big Easy Casino, Gambling, Golden Entertainment, Affinity Gaming

BOSTON, July 09, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (DKNG: NASDAQ) and Twin River Worldwide Holdings (TRWH: NYSE) Mardi Gras Casino announced the opening of their temporary retail sportsbook at the Mardi Gras Casino in Black Hawk, CO.

Key Points: 
  • BOSTON, July 09, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (DKNG: NASDAQ) and Twin River Worldwide Holdings (TRWH: NYSE) Mardi Gras Casino announced the opening of their temporary retail sportsbook at the Mardi Gras Casino in Black Hawk, CO.
  • The DraftKings Sportsbook at Mardi Gras Casino in Black Hawk, Colorado will be the seventh DraftKings-branded retail location, joining locations in Iowa, Mississippi, New Jersey and New York.
  • Properties include Twin River Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI), Hard Rock Hotel & Casino (Biloxi, MS), Casino Vicksburg (formerly Lady Luck Casino Vicksburg in Vicksburg, MS), Dover Downs Hotel & Casino (Dover, DE), Casino KC, formerly Isle of Capri Casino in Kansas City, MO), Golden Gates Casino (Black Hawk, CO), Golden Gulch Casino (Black Hawk, CO), Mardi Gras Casino (Black Hawk, CO), and Arapahoe Park racetrack (Aurora, CO).
  • Golden Gates Casino and Poker Parlour, Mardi Gras Casino, and Golden Gulch Casino strive to deliver a complete casino gaming experience to our players.

Eldorado Resorts Completes Divestiture of Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg to Twin River for $230 Million in Cash

Retrieved on: 
Thursday, July 2, 2020
Casino, Gaming, Entertainment, Lodging, Travel, Companies, Eldorado Resorts, Isle of Capri Casinos, Economy of the United States, Isle of Capri Casinos, Lady Luck Casino Vicksburg, Twin River Worldwide Holdings, Eri

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado, ERI, or the Company) announced today that it completed its previously announced transaction to divest Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg to Twin River Worldwide Holdings, Inc. (NYSE: TRWH) for $230 million in cash subject to working capital adjustments.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado, ERI, or the Company) announced today that it completed its previously announced transaction to divest Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg to Twin River Worldwide Holdings, Inc. (NYSE: TRWH) for $230 million in cash subject to working capital adjustments.
  • Macquarie Capital is acting as exclusive financial advisor and Milbank LLP is acting as legal counsel to Eldorado in connection with the transactions.
  • Eldorado is a leading casino entertainment company that owns and operates twenty-one properties in eleven states, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, New Jersey, and Ohio.
  • These forward-looking statements are based on the current expectations of Eldorado and are subject to uncertainty and changes in circumstances.

Xeris Pharmaceuticals Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Friday, June 26, 2020
Diabetes, Pharmaceutical, Health, Companies, Mergers and acquisitions, Economy of the United States, Eldorado Resorts, Isle of Capri Casinos, Caesars Entertainment Corporation, MontBleu, Shreveport, Louisiana, Twin River Worldwide Holdings, Casino, Bossier City, Louisiana, Federal Trade Commission

Xeris Inducement Equity Plan is used exclusively for the grant of equity awards to individuals who were not previously employed by Xeris or one of its subsidiaries as an inducement material to such individual's entering into employment with Xeris or one of its subsidiaries, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.

Key Points: 
  • Xeris Inducement Equity Plan is used exclusively for the grant of equity awards to individuals who were not previously employed by Xeris or one of its subsidiaries as an inducement material to such individual's entering into employment with Xeris or one of its subsidiaries, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.
  • The non-qualified stock options are subject to the terms and conditions of Xeris Inducement Equity Plan and forms of award agreements covering the grants.
  • Xeris (Nasdaq: XERS) is a specialty pharmaceutical company delivering innovative solutions to simplify the experience of administering important therapies that people rely on every day around the world.
  • With Xeris technology, new product formulations are designed to be easier to use by patients, caregivers, and health practitioners and help reduce costs for payers and the healthcare system.