Twin River is set to acquire Jumer’s casino property for a grand sum of $120.0m.
The acquisition of new casino games will be funded through a combination of cash on hand, cash generated from ongoing operations, and borrowings under a revolving credit facility.
The sources of financing for the acquisition are:
- Cash on hand
- Cash from ongoing operations
- Borrowings under a revolving credit facility
Jumer’s is a popular destination for casino gaming in Quad Cities, located in Rock Island, Illinois. The casino boasts a spacious 40,000 square feet casino floor, offering an extensive selection of over 870 slot machines and 25 table games.
| Facility | Details |
|---|---|
| Location | Quad Cities, Rock Island, Illinois |
| Casino Floor | 40,000 sq ft |
| Slot Machines | Over 870 |
| Table Games | 25 |
The casino property offers a range of amenities to enhance the gaming experience:
- 205-room hotel
- Events center
- Sports bar
- Nightclub
In addition, guests can indulge in culinary delights at any of the four restaurants.
