Twin River Worldwide Holdings, Inc. Acquires Two Casinos From Eldorado Resorts for $230 Million

We represented Twin River Worldwide Holdings, Inc. (NYSE: TRWH) in its acquisition of the operations and real estate of Isle of Capri Casino and Lady Luck Casino from Eldorado Resorts, Inc. (Nasdaq: ERI), in a cash transaction for $230 million.

Isle of Capri Casino Kansas City is located in Kansas City, Missouri and consists of approximately 40 thousand square feet of casino space, 939 gaming machines, 13 table games and two dining venues. Lady Luck Casino is located in Vicksburg, Mississippi and features approximately 25 thousand square feet of casino space, 603 slot machines, eight electronic table games, three dining venues and an 89 room hotel.

Twin River Worldwide Holdings, Inc. (NYSE: TRWH) owns and manages nine casinos, two in Rhode Island, two in Mississippi, one in Delaware, one in Missouri and three casinos as well as a horse racetrack that has 13 authorized OTB licenses in Colorado.

You Also May Be Interested In:

  • Representation of LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, in its investment in Washington-based Rainier Industries – a leading manufacturer of residential and commercial shade, shelter, and display solutions.

    We represented LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, in its...
  • Representation of  J. Alexander’s Holdings, Inc. (NYSE: JAX), owner and operator of J. Alexander’s Restaurant, Redlands Grill, Stoney River Steakhouse and Grill and selected other restaurants, in its $220 million all cash sale to SPB Hospitality LLC, a leading operator and franchisor of full-service dining restaurants.

    Since J. Alexander’s first opened in 1991, Bass, Berry & Sims has served as primary corporate and securities counsel to the company for more than 30 years.  Additional details about the transaction can be found in the official news release.

    We represented J. Alexander’s Holdings, Inc. (NYSE: JAX), owner and operator of J. Alexander’s Restaurant, Redlands Grill, Stoney River Steakhouse...
  • We represented Helix Sleep, Inc. (Helix) in its sale to Cerberus Capital Management, L.P. (Cerberus), a global leader in alternative investing.

    We represented Helix Sleep, Inc. (Helix), a custom home furnishings and mattress company, in its sale to Cerberus Capital Management,...