Twin River Worldwide Holdings, Inc.

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Twin River Worldwide Holdings, Inc. - overview

Established

2004

Location

-, RI, US

Primary Industry

Travel & Leisure

About

Twin River Worldwide Holdings, Inc. is a dynamic company focused on providing innovative solutions in the gaming and entertainment sector, emphasizing operational excellence and strategic market positioning. Founded in 2004 and headquartered in Lincoln, US, Twin River Worldwide Holdings, Inc. operates in the gaming and entertainment industry, leveraging its expertise to enhance customer experiences.


The company was initiated by a team of industry veterans with a vision to create premier gaming establishments. Its operations have evolved to include several key acquisitions in the gaming sector, reinforcing its market presence and service offerings. The company specializes in offering a variety of gaming and entertainment services, including casino operations and online gaming solutions. Their portfolio encompasses physical casino venues and digital platforms that cater to a diverse clientele, enhancing the overall entertainment experience for visitors and online users alike.


The revenue model of Twin River Worldwide Holdings, Inc. is driven primarily by gaming operations and service revenue from their casinos and online platforms. Clients engage with the company through various gaming options, with transactions occurring on a consistent basis as visitors and online users partake in gaming activities. The company generates revenue through direct patron engagement in its physical establishments and via online gaming services, establishing a robust income stream.


Twin River Worldwide Holdings, Inc. plans to launch new gaming platforms designed to enhance user engagement and expand its digital footprint. They are targeting the North American market for expansion, with specific plans to enter additional states by 2025. The recent funding round will be strategically utilized to facilitate the development of these new platforms and to support marketing initiatives aimed at increasing brand awareness and customer acquisition in both physical and online markets.


Primary Industry

Travel & Leisure

Sub Industries

Casinos & Gambling, Recreational & Entertainment Facilities

Website

www.twinrivermanagementgroup.com

Total Amount Raised

Subscriber access only

Twin River Worldwide Holdings, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedAffinity Gaming Corporation-

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