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operator Caesars Entertainment Incorporated has announced the signing of a deal that is to see it offload its Tropicana Evansville property to Gaming and Leisure Properties Incorporated for 0 million in cash. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings....

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According to a report from iGamingBusiness.81 million and implement a selection of enhanced due diligence and responsible gambling controls. The newly-enlarged entity nevertheless continues to be responsible for the Indiana Grand Racing and Casino, Horseshoe Hammond, Caesars Southern Indiana and Harrah’s Hoosier Park venues although it may subsequently look to offload more properties in ‘The Hoosier State’ so as to further assuage any anti-competition concerns....

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Read a statement from Reeg…“I want to thank all of our Evansville team members for their hard work and dedication, especially during the coronavirus pandemic, and we wish them the best under the ownership of Twin River Worldwide Holdings Incorporated. The fast-growing firm recently moreover paid million for the worldwide rights to the Bally name and detailed that the riverside Tropicana Evansville with its 45,000 sq ft casino and four restaurants is to become the 14th venue it runs across ten states.’Growing group:For its part and Twin River Worldwide Holdings Incorporated used its own Tuesday press release to explain that the coming arrangement is to involve it paying a one-time fee of approximately 0 million to Caesars Entertainment Incorporated alongside an annual rent of million to Gaming and Leisure Properties Incorporated....

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The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the real estate investment trust (REIT) recently spun off from Penn National Gaming Incorporated is expected to close next year ‘subject to regulatory approvals and other customary closing conditions’ to see its footprint in the Indiana casino market reduced to four properties. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings. The newly-enlarged entity nevertheless continues to be responsible for the Indiana Grand Racing and Casino, Horseshoe Hammond, Caesars Southern Indiana and Harrah’s Hoosier Park venues although it may subsequently look to offload more properties in ‘The Hoosier State’ so as to further assuage any anti-competition concerns....