TRWH

NEW YORK--(BUSINESS WIRE)--FanDuel Group and Twin River Worldwide Holdings’ (TRWH: NYSE) announced plans for the debut of a FanDuel Sportsbook inside Bally's Atlantic City Hotel & Casino in Atlantic City, New Jersey by the end of the year, pending licensing and regulatory approvals from the New Jersey Casino Control Commission, New Jersey Division of Gaming Enforcement and the completion of Twin River's pending acquisition of Bally's Atlantic City Hotel & Casino in Atlantic City, New Jersey. The partnership between Twin River Worldwide Holdings and FanDuel Group began in May with the launch of the FanDuel Sportsbook online and mobile experience in Colorado. The partnership combin

(PRNewsfoto/Twin River Worldwide Holdings, Inc.) (PRNewsfoto/Twin River Worldwide Holdings, Inc.) PROVIDENCE, R.I., Oct. 29, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company"), today reported financial results for the third quarter ended September 30, 2020. Third Quarter 2020 and Recent Highlights Strong operating and Adjusted EBITDA margins continue trend of operational efficiencies since re-opening Income from operations of $23.4 million, increased $1.9 million or 9.0%, while net income of $6.7 million was slightly down, compared to third quarter 2019 Adjusted EBITDA of $38.0 million for the quarter is up $2.4

PROVIDENCE, R.I., Oct. 27, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) today announced that it has entered into an agreement to acquire the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR) for $140 million. As a result of the transaction structure, Twin River will make the acquisition without any cash outlay. As part of the acquisition, Gaming and Leisure Properties, Inc. ("GLPI"), a publicly traded gaming-focused real estate investment trust ("REIT"), will acquire the Evansville casino real estate for $340 million and lease it back to Twin River for $28 million/year in rent, subject to escalation. As a result, Twin River will

Acquisition Expected to be Immediately Accretive at Closing and Further Diversifies Tenant Roster Acquiring Desirable Regional Gaming Assets at an 8.3% Capitalization Rate WYOMISSING, Pa., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) announced today that it entered into definitive agreements to acquire the real property assets of Dover Downs Hotel and Casino from Twin River Worldwide Holdings, Inc. (“Twin River”) (NYSE: TRWH) and to re-acquire the real property assets of Tropicana Evansville from Caesars Entertainment, Inc. (“Caesars”) (NASDAQ: CZR), after the substitution right related to the property was triggered. P

PROVIDENCE, R.I., Oct. 13, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") today announced that it has purchased the iconic Bally's brand previously owned by Caesars Entertainment, Inc. This acquisition will allow Twin River to maintain the Bally's name for the Atlantic City property that it has agreed to purchase from Caesars Entertainment pursuant to the previously announced purchase agreement and enables the Company to rebrand virtually all of its portfolio properties under the Bally's name and logo. As part of the deal, Twin River has agreed to provide Caesars Entertainment a perpetual license to use the Bally's brand at its existing Bally's Las V

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. To access the conference call, please dial (833) 570-1160 (U.S. toll-free) and reference conference ID 4476492. An audio webcast of the conference call will be available via the Investors section of the Company's website www.twinriverwwholdings.com. An online archive of the webcast will be available for 120 days. About Twin River Worldwide Holdings, Inc. Twin River Wor

PROVIDENCE, R.I., Oct. 6, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) ("Twin River" or the "Company") announced today that it has priced $125 million in aggregate principal amount of 6.750% senior unsecured notes due 2027 (the "New Notes"). The New Notes constitute an additional issuance of Twin River's existing 6.750% senior notes due 2027 and will be issued under the indenture dated as of May 10, 2019, as amended and supplemented, pursuant to which Twin River previously issued $400 million in aggregate principal amount of notes due 2027. Immediately after giving effect to the issuance and sale of the New Notes, the Company will have $525 million in aggregate pr

PROVIDENCE, R.I., Oct. 6, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) ("Twin River" or the "Company") today announced that it intends to offer in a private offering, subject to market conditions, $125 million in aggregate principal amount of 6.750% senior unsecured notes due 2027 (the "New Notes"). The New Notes would constitute an additional issuance of Twin River's existing 6.750% senior notes due 2027 and would be issued under the indenture dated as of May 10, 2019, pursuant to which Twin River previously issued $400 million in aggregate principal amount of notes due 2027. Immediately after giving effect to the proposed issuance of New Notes, the Company will