The Rhode Island-based casino agreed to acquire Bally’s from Caesars Entertainment Inc. It’s a preliminary regulatory step ahead of full casino licensure. ![]() ![]() Twin River is seeking interim casino authorization to operate Bally’s. He further added, “We’re committed to making it a signature property again, right at the center of the Boardwalk,” adding that the company realizes it is a time-taking process and one requiring an equal amount of effort and investment. “We want to ensure Bally’s is competitive again and return it to its glory,” said the executive vice president of strategic development and government relations for Twin River, Marc Crisafulli. Twin River appears to hope to resurrect Bally’s Atlantic City and bring back its lost glory by upgrading the 41-year-old venue and making it “more attractive and competitive” in the market. The incredible amount announced will be used over the next five years to upgrade the neglected and under-performing Atlantic City casino. The Rhode Island-based company committed to this important capital expenditure program on Wednesday during a public hearing before the New Jersey Casino Control Commission. has pledged to invest around $90 million to upgrade its newly acquired Bally’s Atlantic City casino. ![]() Posted in: New Jersey Gambling News, US Casino News
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