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Twin River debt raise of $125 million could fund additional casino acquisitions

Casino operator Twin River Worldwide Holdings raised $125 million in new debt Tuesday which could be used in its upcoming casino purchases or funding additional transactions. In conjunction with the debt raise, the Rhode Island-based company said it expects to report between $100 million to $130 million in net revenues for the third quarter that ended on Sept. 30 with cash flow between $30 million and $40 million.


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