Twin River’s Deal Could Bring Sports Betting To Jumer’s Casino & Hotel

Jumer’s Casino & Hotel is not yet participating in the sports betting boom in Illinois, unlike the other 10 casinos in the state.

Twin River Worldwide Holdings declared its intention to purchase Jumer’s from Delaware North for a sum of $120 million.

The Jumer clan sold the game to Delaware North in 2011.

Jumer’s, situated in Rock Island near I-280 and Illinois 92, boasts a 40,000-square-foot casino floor. This establishment comes complete with 870 slot machines and 25 table games, along with a hotel offering 205 rooms.

The transaction is expected to finalize in the second quarter of 2021. Furthermore, sports bettors in Illinois will probably have another sportsbook option available.

Twin River wants to enter the Illinois sports gambling industry.

In the press release, Twin River’s President and CEO, George Papanier, specifically addressed the topic of sports gambling.

& 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,

Twin River owns and operates nine games in the US.

Therefore, it is expected that Twin River had partnered with a sports betting operator based in Illinois.

By examining Twin River’s other sportsbook partnerships, we can determine the potential operator. However, there isn’t much information to draw any conclusions, which is unfortunate.

Twin River has formed partnerships with William Hill, DraftKings, and FanDuel in states including Rhode Island, Mississippi, Delaware, and Colorado.

Nonetheless, those casinos are now up and running in Illinois.

That being said, some prominent brands are still on the outskirts.

The Jumer & rsquo sale offers another opportunity for them to penetrate the market. Keep an eye on these few casinos.

Twin River will collaborate with which betting?

The BetMGM online sportsbook is currently available in Colorado, West Virginia, Nevada, Indiana, and New Jersey. However, in Illinois, their presence has been as silent as a cricket.

The sportsbook has been successful in nearby Indiana, generating nearly $10 million in handle in August. BetMGM closely trailed PointsBet, securing the fourth position in Indiana’s monthly handle.

Fox Bet, one of the most renowned manufacturers, is not yet present in the Illinois market but is available in New Jersey, Pennsylvania, and Colorado.

At some point, Barstool will make its way into Illinois, but it won’t be through Jumer’s. Owned by Penn National Gaming, either Hollywood Casino Aurora or Hollywood Casino Joliet will facilitate Barstool’s entry when the time comes.

Similarly, Unibet is set to launch in Illinois at some point, having already secured a market-access deal with Argosy Casino Alton.

Two more Indiana-based sports gambling operators to consider are BetAmerica and theScore Bet.

At first glance, BetMGM or Fox Bet would likely partner with Twin River and Jumer & rsquo.

Delaware North & rsquo, a brand-new casino project in Illinois

Delaware North sold Jumer & rsquo with the intention of pursuing a new venture.

The proposed Southland Live Casino in Calumet City will be operated by them, provided they receive a license from the Illinois Gaming Board (IGB). The IGB had previously established an Oct. 28 deadline to approve or reject new casino applications, however, there are rumors that this date might be postponed.

Brian Hansberry, president of Delaware North’s gaming business, expressed to The Quad-City Times, “We take great pride in our ownership and operation of Jumer’s. We value the part we play and the contributions we’ve made to the community here through Delaware North’s efforts.”