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Read a statement from Papanier…“This acquisition further expands our geographic reach into yet another attractive market. It provides access to a growing gaming market in Illinois with the potential to capitalize on lucrative sportsbetting opportunities. In particular, we believe there is an opportunity to improve operations and enhance revenues at the property, which will allow us to lower our acquisition multiple....
We look forward to the opportunity to leverage our operational expertise and proven integration approach to drive incremental revenues and cash flow improvements.Purchase particulars:George Papanier, President and Chief Executive Officer for Twin River Worldwide Holdings Incorporated, used the press release to proclaim that the transaction is to be funded ‘with a combination of cash on hand, cash from ongoing operations and borrowings’ and will advance his firm’s ‘ongoing portfolio diversification strategy’ by giving its immediate access to the ‘attractive Illinois gaming market.After a successful technical integration, the Swedish online casino software provider’s Auto Roulette Studio, Blitz Blackjack, and Perfect Blackjack games are available with one of the Scandinavian nation’s biggest operators, while increasing NetEnt’s presence in the live casino market....
Papanier’s statement read…“Over the last several years we have demonstrated an ability to integrate and operate acquired casino assets., NetEnt has now launched its live casino games with state-owned online gambling company Svenska Spel Sport & Casino.’ He furthermore asserted that the arrangement ‘is expected to be immediately accretive to earnings’ and will position the up-and-coming operator to potentially capitalize on sportsbetting opportunities in the Midwestern state....
ca until sometime next year., NetEnt has now launched its live casino games with state-owned online gambling company Svenska Spel Sport & Casino., NetEnt has now launched its live casino games with state-owned online gambling company Svenska Spel Sport & Casino....
It explained that the venue moreover comes complete with an events center, four restaurants and a nightclub with its purchase due to take the Rhode Island-based operator’s nationwide portfolio of gambling-friendly properties up to 13.” The organization had earlier purportedly expected to record aggregated receipts for the year to next March of slightly over billion before this amount rose to around ....
