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The Providence-headquartered firm used an official Thursday press release to declare that the western Illinois facility is currently owned by Delaware North Companies Gaming and Entertainment Incorporated but is expected to change hands by the end of June ‘subject to receipt of required regulatory approvals and other customary closing conditions’ as well as ‘a customary working capital adjustment’. We look forward to the opportunity to leverage our operational expertise and proven integration approach to drive incremental revenues and cash flow improvements.After recently expanding its reach in the fast-growing Pennsylvania market in the U....
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The New York-listed firm had earlier purchased Colorado’s Golden Gates Casino, Mardi Gras Casino and Golden Gulch Casino properties and is soon set to take over the running of the Eldorado Resort Casino Shreveport, Montbleu Resort Casino and Spa Lake Tahoe and 1,251-room Bally’s Atlantic City venues.’ He furthermore asserted that the arrangement ‘is expected to be immediately accretive to earnings’ and will position the up-and-coming operator to potentially capitalize on sportsbetting opportunities in the Midwestern state. In particular, we believe there is an opportunity to improve operations and enhance revenues at the property, which will allow us to lower our acquisition multiple....
com reported that it remains to be seen what impact the debut of the new iGaming domain will have on the AGLC’s budget projections as the Alberta authority had not originally planned to launch PlayAlberta. It explained that the venue moreover comes complete with an events center, four restaurants and a nightclub with its purchase due to take the Rhode Island-based operator’s nationwide portfolio of gambling-friendly properties up to 13. The organization had earlier purportedly expected to record aggregated receipts for the year to next March of slightly over billion before this amount rose to around ....
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