Twin River’s Deal Could Bring Sports Betting To Jumer’s Casino & Hotel
Out of the 10 Illinois casinos, Jumer’s Casino & Hotel is not involved in the Illinois sports betting boom — yet.
Twin River Worldwide Holdingsannounced that it would buy Jumer’s from Delaware North for $120 million.
In 2011, Delaware North bought the game from the Jumer clan.
Located in Rock Island off of I-280 and Illinois 92, Jumer’s features a 40,000-square-foot casino floor. It has 870 slot machines and 25 table games to go with a 205-room hotel.
The deal should close in the second quarter of 2021. And IL sports bettors will likely see another Illinois sportsbook option.
Twin River wants to enter the Illinois sports gambling industry.
George Papanier, president and CEO of Twin River, specifically mentioned sporting gambling in the press release:
& ldquo, This acquisition broadens our geographic reach to yet another alluring market. It gives users access to Illinois’s expanding gaming community and offers the chance to profit from beneficial sports gambling opportunities. We are excited about the chance to increase progressive revenues and cash flow by utilizing our administrative expertise and tried-and-true integration strategy. & rdquo,
Nine games are even owned and run by Twin River in the US.
Therefore, it is anticipated that Twin River had collaborate with an Illinois-based sports betting operator.
Now, by looking at Twin River & rsquo’s other sportsbook partnerships, we can figure out which operator that might be. There isn’t much to conclude, which is unfortunate.
However, those casinos are now operational in Illinois.
Having said that, some well-known brands are still on the periphery.
Another chance for them to enter the market is presented by the Jumer & rsquo sale. Here are a few casinos to watch out for.
Twin River will collaborate with which betting?
BetMGM online sportsbookis currently residing in Colorado, West Virginia, Nevada, Indiana, and New Jersey, but on the Illinois before, it has been cricket for them.
The sportsbook has been doing well in neighboring Indiana, bringing in almost $10 million in handle in August. BetMGM was right behind PointsBet for fourth place in the Hoosier State in monthly handle.
Fox Bet is one of the most well-known manufacturers no already present on the Illinois industry and is offered in New Jersey, Pennsylvania, and Colorado.
Barstool will launch in Illinois, at some point, but Jumer’s won’t be its path. Penn National Gaming owns Hollywood Casino Aurora and Hollywood Casino Joliet, and either of those will serve as Barstool’s entry point once it’s ready.
Similarly, Unibet will go live in Illinois at some point — but it already has a market-access deal with Argosy Casino Alton.
BetAmerica and theScore Bet, two Indiana-based sports gambling operators, are a couple more to take into account.
On the surface, Twin River and Jumer & rsquo would seem to be the most likely partners for BetMGM or Fox Bet.
Delaware North & rsquo, a brand-new casino project in Illinois
Jumer & rsquo was sold by Delaware North with an eye. on a fresh endeavor.
It will operate the proposed Southland Live Casino in Calumet City if the Illinois Gaming Board (IGB) grants a license. The IGB had set an Oct. 28 deadline in order to approve or deny new casino applications, but there’s buzz that date could be pushedback.
“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,” Brian Hansberry, president of Delaware North’s gaming business, told TheQuad-City Times.