Announced
Completed
Financials
Tags
gaming
Completed
Friendly
Domestic
Acquisition
United States
Casinos and Gambling
Single Bidder
Private
Majority
Synopsis
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.
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