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Twin Water Adds Three Casinos towards Colorado Accounts

Twin Water Adds Three Casinos towards Colorado Accounts

Rhode Island playing operator Double River acquisitions three gambling houses in the area of African american Hawk so that you can expand Colorado footprint

Two River World-wide Holdings Inc., the owner of Rhode Island’s Lesser sibling River Lincoln and Two River Tiverton casinos, reported Tuesday so it has inked an agreement to acquire three gambling dens in Black color Hawk , Colorado.

The main move reaches its destination amid coalescence wave in the US land-based casino market place that displays the growing competition inside the gambling area.

Twin Water has approved buy the Glowing Gates, Silver Gulch, and even Mardi Gras casinos coming from a subsidiary involving Nevada-based playing operator Cast Gaming. All properties happen to be in Charcoal Hawk, Colorado, a historical mining township currently common with its many casinos plus gaming parlors.

Twin River and Fancy did not verse details about the particular transaction, such as the purchase price. Say yes to needs to be reviewed by the Encarnado Division of Gaming and passed by the state’s Limited Gambling Control Commission, and is likely to be completed early the coming year .

Cast purchased 3 casinos back 2012. Utilizing their sale, the very Nevada-based game company should focus on it’s operations in its domestic markets as well as in the Midwest. Once the transaction is definitely closed, Cast will personal eight video games facilities for three jurisdictions.


By including our three African american Hawk homes, Twin Lake will grow its footprint in Carmín where it again already functions the Arapahoe Park horse racing info in Arapahoe County and a network connected with Off-Track Betting facilities. The corporation said in the press release out of yesterday that it is pleased to additionally expand it’s portfolio within ‘the developing Black Hawk market. ‘

The very once thriving mining village is popular with their multiple gambling houses. There are more when compared with 15 playing venues spread across the township , most of which performing 24 hours a day, seven days of the 1 week.

Combined, Glowing Gates, Golden Gulch and also Mardi Gras feature thirty five, 000 sq. feet of gambling space with 20 table games, 700 slot machines , together with a poker shop. The buildings also include three restaurants and even bars this operate day-to-day.

Twin Lake is headquartered in Lincoln subsequently, Rhode Is. As mentioned above, the provider operates only two casinos in the home point out the Two River-branded houses in Lincoln subsequently and Tiverton . Lesser sibling River announced its Tiverton property continue fall. In November, her Lincoln on line casino launched Rhode Island’s initially legal sportsbook following survive year’s strikedown of a govt ban regarding sports wagering.

The Tiverton casino slice the lace of a sportsbook, the very state’s 2nd betting area, in early November. According to genuine data released on Monday, Rhode Island’s sportsbooks addressed $13 huge number of in gamble in December, all their first 100 % month connected with operation and also generated sales revenue of $957, 900 . Overall, deal with for the phase between latter November, when the Lincoln internet casino went endure sports betting, and Until 31, 2018 amounted to be able to $13. 8 million , while revenue came in within $1 , 000, 000 .

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