Bally’s Completes Acquisition of Jumer’s Casino & Hotel

 

Bally’s Corporation has announced that it has completed the previously announced acquisition of Jumer’s Casino & Hotel (Jumer’s) from Delaware North Companies Gaming & Entertainment. The total purchase price was $120 million, which the Company funded using available borrowings under its revolving credit facility.

“As the latest step in our ongoing portfolio diversification strategy, we are excited to complete our acquisition of Jumer’s and enter the rapidly growing Illinois gaming market. The closing provides Bally’s with the potential to capitalize on several lucrative sports betting opportunities, which we expect will drive revenue and cash flow growth. We are pleased to welcome Jumer’s into the Bally’s family, and look forward to leveraging our expertise to enhance the property’s operations,” George Papanier, President and CEO of Bally’s Corporation, said.

Previous articleAtletico Mineiro to Launch $GALO Fan Token
Next articleAristocrat and Seminole Gaming Launch $1M Dragon Link Progressive Jackpot
Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here