Rhea-AI Summary
Twin River Worldwide Holdings (NYSE: TRWH) has completed the acquisition of Eldorado Resorts' Isle of Capri Casino in Kansas City, Missouri, and Lady Luck Casino in Vicksburg, Mississippi for $230 million. This acquisition expands Twin River's geographic footprint and aims to enhance cash flow through redevelopment plans. Additionally, the company is under contract for further acquisitions in Louisiana, Nevada, and New Jersey. Following these transactions, Twin River will operate 12 properties across eight states, significantly increasing its market presence.
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