请输入您要查询的百科知识:

 

词条 Twin River Worldwide Holdings
释义

  1. History

  2. Properties

  3. References

  4. External links

{{Infobox company
| logo = Twin River Worldwide Holdings logo.png
| traded_as = {{NYSE|TRWH}}
| industry = Gaming
| predecessor = BLB Investors
| founded = 2004
| hq_location_city = Lincoln, Rhode Island
| hq_location_country = U.S.
| key_people = {{ubl|John E. Taylor, Jr. (Executive chairman)|George Papanier (CEO & President)}}
| revenue = $437.5 million[1]
| revenue_year = 2018
| net_income = $71.4 million[1]
| net_income_year = 2018
| assets = $782.3 million[1]
| assets_year = 2018
| equity = $298.7 million[1]
| equity_year = 2018
| owners = Standard General (32%)[2]
| num_employees = 4,900[3]
| num_employees_year = 2019
| website = {{URL|twinriverwwholdings.com}}
}}

Twin River Worldwide Holdings is a gaming company based in Lincoln, Rhode Island. It owns and operates five casino and racetrack properties in Colorado, Delaware, Mississippi, and Rhode Island.

History

Twin River's predecessor was BLB Investors. BLB was formed in 2004 as a joint venture of Starwood Capital Group, Kerzner International, and the Waterford Group to launch a bid to acquire Wembley plc.[4][5] Wembley was a British operator of racetracks in the United Kingdom and United States, whose primary asset was Lincoln Park, a greyhound track and slot machine parlor in Rhode Island.[6] BLB ultimately reached a deal in February 2005 to pay $435 million for Lincoln Park, plus $20 million for Wembley's other U.S. properties, comprising a horse track (Arapahoe Park) and three greyhound tracks in Colorado.[7][8] The purchase was completed in July 2005.[9]

BLB undertook a $220-million expansion of Lincoln Park and renamed it in 2007 as Twin River.[10]

By 2008, BLB was struggling because of the economic slowdown, and it began defaulting on payments on the loans it had taken out to buy and renovate Twin River.[11][12] In June 2009, the company filed for Chapter 11 bankruptcy protection with a prepackaged plan to hand over ownership to its creditors.[13] BLB emerged from bankruptcy in 2010, now owned by a group of lenders led by Bank of America, Wells Fargo, and Sankaty Advisors.[14][15] The company changed its name to Twin River Worldwide Holdings in 2011.[16]

In Colorado, the company's three dog racing tracks closed as interest in the sport declined, and all three were sold off by 2011.[17][18][19]

In 2014, Twin River bought the Hard Rock Hotel & Casino Biloxi in Mississippi from Leucadia National for $250 million.[20][21] The acquisition was made to diversify the company geographically, in preparation for expected competition from Massachusetts, which had legalized casinos in 2011.[22]

In 2015, Twin River purchased Rhode Island's only other casino, the Newport Grand, for $22 million, and announced plans to move its operations to a new facility to be built in Tiverton.[23][24][25] The Newport Grand closed in 2018, and its replacement, the $140-million Tiverton Casino Hotel, opened days later.[26][27]

In 2019, Twin River completed a reverse merger with Dover Downs Gaming & Entertainment, the parent company of Dover Downs Hotel & Casino.[28][29] The transaction made Twin River a public company traded on the New York Stock Exchange and left Dover Downs shareholders with a 7 percent stake in the combined company.[30]

The company agreed in January 2019 to purchase three casinos in Black Hawk, Colorado (the Golden Gates, Golden Gulch, and Mardi Gras casinos) from Affinity Gaming.[31][32]

Properties

The company owns and operates five properties:

  • Arapahoe Park — Aurora, Colorado
  • Dover Downs Hotel & Casino — Dover, Delaware
  • Hard Rock Hotel & Casino Biloxi — Biloxi, Mississippi
  • Tiverton Casino Hotel — Tiverton, Rhode Island
  • Twin River Casino Hotel — Lincoln, Rhode Island

References

1. ^{{cite report|title=Form 10-K: Annual Report|publisher=Twin River Worldwide Holdings|date=April 1, 2019|page=29|url=https://www.sec.gov/Archives/edgar/data/1747079/000114420419017506/tv517390_10k.htm|via=EDGAR}}
2. ^{{cite report|title=Form 10-K: Annual Report|publisher=Twin River Worldwide Holdings|date=April 1, 2019|pages=99-100|url=https://www.sec.gov/Archives/edgar/data/1747079/000114420419017506/tv517390_10k.htm|via=EDGAR}}
3. ^{{cite report|title=Form 10-K: Annual Report|publisher=Twin River Worldwide Holdings|date=April 1, 2019|page=12|url=https://www.sec.gov/Archives/edgar/data/1747079/000114420419017506/tv517390_10k.htm|via=EDGAR}}
4. ^{{cite news|title=Gambling tycoon trumps MGM's bid for Wembley|newspaper=The Guardian|location=London|author=Heather Tomlinson|date=March 30, 2004|url=https://www.theguardian.com/business/2004/mar/31/10|accessdate=2019-04-02}}
5. ^{{cite news|title=Holyoke is back in Massachusetts casino mix|newspaper=The Day|location=New London, CT|author=Brian Hallenbeck|date=November 27, 2012|url=https://www.theday.com/article/20121127/BIZ02/311279918|accessdate=2019-04-02}}
6. ^{{cite news|title=MGM Mirage buying track, slot firm for $490 million|newspaper=Las Vegas Sun|author=Liz Benston|date=January 27, 2004|url=https://lasvegassun.com/news/2004/jan/27/mgm-mirage-buying-track-slot-firm-for-490-million/|accessdate=2019-04-02}}
7. ^{{cite news|title=Wolman, BLB put new offer on table to buy Lincoln Park|newspaper=The Day|location=New London, CT|author=Karen Florin|date=February 9, 2005|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F10828E37B7068D39&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
8. ^{{cite news|title=New owners won't change local dog track|newspaper=The Gazette|location=Colorado Springs|author=Jim Bainbridge|date=February 9, 2005|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F10875BD3D5C683BC&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
9. ^{{cite news|title=BLB completes its purchase of Lincoln Park|newspaper=Providence Journal|author=Katherine Gregg|date=July 19, 2005|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F1524286C8E304360&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
10. ^{{cite news|title=Slots are smoking at Twin River|newspaper=Providence Journal|author=M. Charles Bakst|date=April 1, 2007|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F152426CAAAC1FBE0&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
11. ^{{cite news|title=Tribe backers' 'racino' at risk|newspaper=Cape Cod Times|author=George Brennan|date=June 14, 2008|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F1214EDC36490EA88&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
12. ^{{cite news|title=Struggling Rhode Island slot parlor faltering under debt|newspaper=The Bulletin|location=Norwich, CT|author=Erica Jacobson|date=June 15, 2008|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F122A63CF84D03550&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
13. ^{{cite news|title=Twin River bankrupt|newspaper=The Call|location=Woonsocket, RI|author=Jim Baron|date=June 24, 2009|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F12909B83B85C63F8&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
14. ^{{cite news|title=Twin River wins license transfer|newspaper=Providence Journal|author=Paul Grimaldi|date=November 10, 2010|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F15242342C0895C10&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
15. ^{{cite news|title=RI slot parlor emerges from bankruptcy protection|newspaper=Associated Press|author=Eric Tucker|date=November 9, 2010|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F1414D229C46843F0&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
16. ^{{cite web|title=Facility Permit Ownership Transfer Application|publisher=Rhode Island Department of Business Regulation|url=http://www.dbr.ri.gov/documents/divisions/commlicensing/greyhound/NewportGrandTransfer-FullRedactedApplication.pdf|page=359|accessdate=2019-04-02}}
17. ^{{cite news|title=Off-track will get on track|newspaper=The Gazette|location=Colorado Springs|author=Wayne Heilman|date=December 16, 2010|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F134D8AFC18A84950&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
18. ^{{cite news|title=Doggone: Greyhound tracks R.I.P.|newspaper=Denver Post|author=Terry Frei|date=May 27, 2010|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F12FFB087655DD778&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
19. ^{{cite news|title=Commerce City agency buys greyhound park|newspaper=Associated Press|date=August 3, 2011|url=https://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F1397E3FBE46FCA10&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}}
20. ^{{cite news|title=Twin River completes purchase of Mississippi casino|newspaper=Providence Journal|author=Paul Grimaldi|date=July 10, 2014|url=https://www.providencejournal.com/article/20140710/NEWS/307109896|accessdate=2019-04-01}}
21. ^{{cite news|title=Twin River agrees to buy Hard Rock Casino in Biloxi, Miss.|newspaper=Providence Journal|author=Richard Salit|date=December 15, 2013|url=https://www.providencejournal.com/article/20131215/NEWS/312159993|accessdate=2019-04-01}}
22. ^{{cite news|title=Purchase of Biloxi Hard Rock Casino 'important piece of puzzle' for Twin River|newspaper=The Press-Register|location=Mobile, AL|agency=AP|date=February 17, 2014|url=http://blog.gulflive.com/mississippi-press-news/2014/02/purchase_of_biloxi_hard_rock_c.html|accessdate=2019-04-01}}
23. ^{{cite news|title=Twin River acquires rival Newport Grand|newspaper=Washington Times|agency=AP|date=March 4, 2015|url=https://www.washingtontimes.com/news/2015/mar/4/twin-river-acquires-rival-newport-grand/|accessdate=2019-04-01}}
24. ^{{cite report|title=Form 10-K: Annual Report|publisher=Twin River Worldwide Holdings|date=April 1, 2019|page=4|url=https://www.sec.gov/Archives/edgar/data/1747079/000114420419017506/tv517390_10k.htm|via=EDGAR}}
25. ^{{cite news|title=Twin River announces plan to move Newport Grand to Tiverton|newspaper=WPRI-TV|author=Courtney Caligiuri|date=April 21, 2015|url=https://www.wpri.com/news/local-news/east-bay/twin-river-announces-plan-to-move-newport-grand-to-tiverton/1043871529|accessdate=2019-04-01}}
26. ^{{cite news|title=Newport Grand closes its doors, making way for Tiverton casino|newspaper=WPRI-TV|author1=Shaun Towne|author2=Steph Machado|author3=Shiina Losciuto|date=August 28, 2018|url=https://www.wpri.com/business-news/newport-grand-to-close-making-way-for-tiverton-casino/1401702996|accessdate=2019-04-01}}
27. ^{{cite news|title=Tiverton casino opens with excitement, protest|newspaper=Newport Daily News|author=Scott Barrett|date=September 1, 2018|url=https://www.newportri.com/news/20180901/tiverton-casino-opens-with-excitement-protest|accessdate=2019-04-01}}
28. ^{{cite news|title=Twin River acquires Dover Downs for sports betting and egaming expertise|newspaper=eGaming Review|author=Brad Allen|date=July 24, 2018|url=https://egr.global/northamerica/news/twin-river-acquires-dover-downs-for-sports-betting-and-egaming-expertise/|accessdate=2019-04-01}}
29. ^{{cite press release|title=Twin River completes Dover Downs acquisition and NYSE listing|publisher=Twin River Worldwide Holdings|date=March 29, 2019|url=https://www.sec.gov/Archives/edgar/data/1747079/000114420419016979/tv517487_ex99-1.htm|via=EDGAR}}
30. ^{{cite news|title=Twin River to merge with Delaware casino, trade publicly|newspaper=The Day|location=New London, CT|author=Brian Hallenbeck|date=July 23, 2018|url=https://www.theday.com/article/20180723/BIZ02/180729756|accessdate=2019-04-01}}
31. ^{{cite news|title=Black Hawk casinos bought by east coast operator Twin River|newspaper=Denver Post|agency=AP|date=January 29, 2019|url=https://www.denverpost.com/2019/01/29/black-hawk-casinos-bought-by-twin-rivers/|accessdate=2019-04-01}}
32. ^{{cite news|title=Colorado's casinos, horse track arm wrestle over who will cash in on sports betting|newspaper=Colorado Public Radio|author=Ben Markus|date=January 31, 2019|url=https://www.cpr.org/news/story/colorado-s-casinos-horse-track-arm-wrestle-over-who-will-cash-in-on-sports-betting|accessdate=2019-04-01}}

External links

  • {{official website|http://www.twinriverwwholdings.com/|Twin River Worldwide Holdings}}

2 : Gambling companies of the United States|Companies based in Providence County, Rhode Island

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/14 20:13:15