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![]() In other locations, Twin River reported an EBITDA loss of $17.6m, a 22.2% larger loss than in 2018. ![]() EBITDA in Biloxi increased slightly to $37.3m while EBITDA from Delaware came to $16.7m. The operator’s preliminary EBITDA rose slightly year-on-year to $167.0m, though it did not break down the expenses that resulted in this figure.ĮDITBA was again highest in Rhode Island, at $130.6m, but down 8.8% year-on-year. This segment is likely to grow further going forward after the operator purchased three casinos in Colorado – the Mardi Gras, the Golden Gates and Golden Gulch – last month. Twin River earned a further $9.0m in revenue from other locations. The operator made a further $80.8m in revenue from Dover Downs Casino in Delaware, following its acquisition of the property last year. Twin River made $127.4m in revenue from the Hard Rock Hotel and Casino in Biloxi, Mississippi which it owns and operates. These two casinos combined for an estimated $306.3m in revenue, up 1.2% year-on-year. The majority of Twin River’s revenue for the year came from its two Rhode Island locations: its flagship casino and hotel in Lincoln and the Tiverton Casino & Hotel in Tiverton. ![]() Twin River Worldwide Holdings saw revenue rise 19.8% to an estimated $523.6m, but net income declined 23.7% to $51.4m after increased financial costs, according to the operator’s preliminary year-end figures. ![]()
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