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Delaware North announces agreement to sell Jumer’s Casino & Hotel to Twin River Worldwide Holdings Inc

ROCK ISLAND, Ill. (Oct. 1, 2020) – Delaware North, a global hospitality company with a portfolio of successful casinos and gaming venues, today announced it has signed an agreement to sell Jumer’s Casino & Hotel in Rock Island, Ill., to Twin River Worldwide Holdings Inc. (NYSE: TRWH).

The sale, which is expected to close during the second quarter of 2021, is subject to receipt of required regulatory approvals, including the approval of the Illinois Gaming Board. Twin River is a licensed casino operator in various jurisdictions, owning and managing nine casinos in five states: Rhode Island, Mississippi, Delaware, Missouri and Colorado.

Jumer’s features more than 870 slots and 25 table games, as well as a live poker room, high-limit slot area and a VIP lounge. Amenities include a 205-room hotel with an indoor pool and fitness center, events center with meeting rooms for up to 600 people, four restaurants, a sports bar, aqua driving range and lakeside fire pit.

The casino began operation in 1992 in downtown Rock Island as one of the first riverboat casino operations in Illinois. In 2008, Jumer’s constructed the current casino complex at the intersection of I-280 and Highway 92, and Delaware North acquired it from the Jumer family in 2011.

Under Delaware North, Jumer’s has been a leading gaming destination in the Quad Cities, consistently winning dozens of annual awards for the Midwest from Casino Player, Strictly Slots and Midwest Gaming & Destinations magazines. The awards have included 2019 Best Overall Casino from Strictly Slots and 2019 Favorite Casino Resort for a Vacation from Casino Player.

Delaware North has invested more than $14 million since 2016 to continually enhance the guest experience at Jumer’s with state-of-the-art slots, technology upgrades and renovations of the restaurants and hotel, including guest room furnishings and TVs.

Jumer’s employs more than 400 people (pre-pandemic) and contributes to the local economy as an entertainment and hospitality destination drawing guests from throughout the Midwest. It has generated millions of dollars for local and state governments and is a major contributor to the community by supporting charitable organizations, including through employee volunteerism. In fact, Jumer’s was honored in 2012 as “Business Citizen of the Year” by the Rock Island City Council.

“We’re very proud of our ownership and operation of Jumer’s and what Delaware North has done to contribute to and be an important part of the community here,” said Brian Hansberry, president of Delaware North’s gaming business.

“We look forward to working with Twin River toward a smooth transition for our employees and community stakeholders over the next several months. We have every confidence that Twin River will use its experience and resources to ensure Jumer’s remains a top regional gaming and resort destination,” Hansberry said.

Hansberry said it was difficult for Delaware North to consider selling Jumer’s but that the company is focused on several new casino projects, including operating the proposed Southland Live Casino in Calumet City, Ill., if that casino is granted a license by the Illinois Gaming Board. Delaware North is also advising the Catawba Indian Nation on its North Carolina casino project.

Delaware North’s portfolio of regional gaming and entertainment destinations includes two in West Virginia, one in Arkansas, three in New York, one in Ohio, one in Australia, two card rooms in Florida and an OTB network in Arizona. Delaware North also owns and operates Gaming & Entertainment Management LLC (GEM), a route gaming operation in Illinois. Delaware North’s recent gaming acquisitions were Mardi Gras Casino & Resort in West Virginia in 2018 and Mindil Beach Casino Resort in Australia in 2019.

About Delaware North

Delaware North is a global hospitality and entertainment company founded in 1915 and owned by the Jacobs family for more than 100 years. Delaware North operates at high-profile places such as sports and entertainment venues, national and state parks, cultural landmarks, destination resorts and restaurants, airports, and regional casinos. Our associates are dedicated to delighting guests by creating the world’s best experiences. Delaware North serves millions of guests each year in the sports, travel hospitality, restaurant and catering, lodging, gaming, and specialty retail industries. Learn more about Delaware North at www.DelawareNorth.com.