Twin River completed the acquisition of Bally's Brand from Caesars Entertainment.

Twin River, a gaming company, completed the acquisition of Bally's brand, a holding company that owns and manages hotels that offers amenities such as casinos, retail outlets, sports bars, pubs, from Caesars Entertainment, a chain of resorts. Financial terms were not disclosed. Twin River has agreed to provide Caesars Entertainment a perpetual license to use the Bally's brand at its existing Bally's Las Vegas Hotel & Casino property.