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Twin Stream Adds 3 Casinos so that you can Colorado Stock portfolio

Rhode Island wagering operator Two River sales three internet casinos in the city of Dark-colored Hawk to help expand Carmín footprint

Dual River Global Holdings Inc., the owner of Rhode Island’s Dual River Lincoln and Twin River Tiverton casinos, launched Tuesday so it has applied for an agreement to buy three gambling dens in Dark colored Hawk , Colorado.

The particular move happens amid coalescence wave within the US land-based casino sector that reflects the increasing competition inside the gambling area.

Twin Water has decided to buy the Older Gates, Wonderful Gulch, together with Mardi Gras casinos from the subsidiary for Nevada-based poker operator Appreciation Gaming. All properties are situated in Dark colored Hawk, The state of colorado, a historical mining township currently popular with its numerous casinos and even gaming shops.

Twin Water and Propinquity did not divulge details about the actual transaction, like purchase price. The deal needs to be looked over by the Colorado Division of Gaming and passed by the state’s Limited Gaming Control Percentage, and is required to be finalized early in 2012 .

Propinquity purchased the three casinos which wanted to 2012. By their sale, often the Nevada-based gambling company is going to focus on the operations inside the domestic promote as well as in the main Midwest. As the transaction is actually closed, Cast will personal eight gaming facilities inside three Continue reading

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