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Twin River is raising additional cash in part to finance some recent acquisitions. brian christopher slots today (Image: Bloomberg)The gaming company said it expects to be funded on May 11. Ruby Bolts E Rs3 Maco Austria The new influx of capital is an addition to a previously existing bank credit agreement. las atlantis casino no deposit bonus code The financing is expected to satisfy the financing contingency under Twin River’s previously announced agreement to acquire the Eldorado Shreveport Resort and Casino and the MontBleu Resort Casino & Spa,” said the Rhode Island-based company in a statement. black bear casino blackjack black hawk casino roulette Last week, TRWH agreed to acquire the Eldorado Shreveport in Louisiana and the MontBleu Resort in Lake Tahoe, Nevada from Eldorado Resorts (NASDAQ:ERI) for 5 million – deals viewed by industry observers as favorable to the buyer because they’re happening at fire sale prices. Moving Cash doubledown casino pinterestAroundTRWH is also paying million to purchase Bally’s on the Atlantic City, N. island view casino senior discount J. free slots with bonus games

Boardwalk from Caesars Entertainment (NASDAQ:CZR) – another acquisition seen happening at a rock-bottom price. Those deals will take some time to close, giving TRWH the ability to repay an existing credit revolver and then borrow on it again in the future. “As the regulatory approval process for those transactions will take some time, Twin River intends to repay 0 million of revolving credit borrowings under the bank credit facility, which will be available for future borrowings in accordance with the credit agreement,” said the operator. At the end of the first quarter, TRWH had 5 million in cash on hand and 0 million in borrowing capacity, giving it one of the stronger capital positions among smaller regional gaming companies. The company has no debt maturities coming due until 2024. Not Much Vision casino x free online slots