Twin River Worldwide Holdings, Inc (TRWH) Tops Q3 EPS by 14c, Revenues Beat
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Gaming and Leisure Properties (GLPI) to Acquire Two Regional Gaming Properties for $484 Million and Simultaneously Enter Into a New Master Lease Agreement With Twin River Worldwide Holdings (TRWH)
October 27, 2020 5:31 PM EDTGaming 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. Pursuant to the Tropicana Evansville agreement, GLPI will acquire the real property assets for approximately $340.0 million, and Twin River... More
Caesars Entertainment (CZR) to Sell Tropicana Evansville to Gaming and Leisure Properties (GLPI) and Twin River Worldwide Holdings (TRWH)
October 27, 2020 5:31 PM EDTCaesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars" or "CZR") today announced a definitive agreement to sell Tropicana Evansville to Gaming and Leisure Properties and Twin River Worldwide Holdings for $480 million in cash, subject to a customary working capital adjustment.
Pursuant to the terms... More
