Bally's-backed Twin River Worldwide completed the acquisition of JumCasino & Hotel from Delaware North for $120m.

Bally's-backed Twin River Worldwide, an owner and manager of nine casinos, completed the acquisition of Jumer's Casino & Hotel, an owner and operator of hotels and casinos, from Delaware North, a gambling and racing operations company, for $120m. "As the latest step in our ongoing portfolio diversification strategy, we are excited to complete our acquisition of Jumer's and enter the rapidly growing Illinois gaming market. The closing provides Bally's with the potential to capitalize on several lucrative sports betting opportunities, which we expect will drive revenue and cash flow growth," George Papanier, Bally's President and CEO.