1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Illinois >
  6. Bally s Acquires Jumer s Casino & Hotel

M&A Deal Summary

Bally s Acquires Jumer s Casino & Hotel

On October 1, 2020, Bally s acquired leisure company Jumer s Casino & Hotel from Delaware North Co. for 120M USD

Acquisition Highlights
  • This is Bally s’ 2nd transaction in the Leisure sector.
  • This is Bally s’ 4th largest (disclosed) transaction.
  • This is Bally s’ 3rd transaction in the United States.
  • This is Bally s’ 1st transaction in Illinois.

M&A Deal Summary
Date 2020-10-01
Target Jumer s Casino & Hotel
Sector Leisure
Buyer(s) Bally s
Sellers(s) Delaware North Co.
Deal Type Divestiture
Deal Value 120M USD
Advisor(s) Citizens Capital Markets (Financial)

Target

Jumer s Casino & Hotel

Rock Island, Illinois, United States
Jumer's Casino & Hotel is a 40,000 square foot casino floor containing more than 870 slot machines and 25 table games, a 205 room hotel with 11 luxury suites, an events center, the Oculus Sports Bar, the Edge nightclub, and four restaurants.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bally s

Providence, Rhode Island, United States
Category Company
Founded 2004
Sector Gaming
Employees10,000
Revenue 2.5B USD (2024)
DESCRIPTION

Bally's specializes in delivering a comprehensive range of gaming and entertainment experiences through both traditional brick-and-mortar casino venues and expansive digital platforms. Bally's currently owns and operates 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in Colorado. Bally's was founded in 2004 and is based in Providence, Rhode Island.

DEAL STATS #
Overall 3 of 12
Sector: Leisure M&A 2 of 5
Type: Divestiture M&A Deals 3 of 6
State: Illinois M&A 1 of 1
Country: United States M&A 3 of 10
Year: 2020 M&A 2 of 5
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-24 Bally s Atlantic City Hotel & Casino

Atlantic City, New Jersey, United States

Bally's Atlantic City Hotel & Casino is a 4-star hotel focused on providing casino-entertainment based in Atlantic City, 08401, New Jersey.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-27 Dover Downs Hotel & Casino

Dover, Delaware, United States

Dover Downs Hotel & Casino is a luxurious 4 Diamond hotel and casino offering a variety of entertainment, dining, horse racing, table games, poker, and slots. Dover Downs Hotel & Casino is based in Dover, Delaware.

Sell $340M

Seller(S) 1

SELLER

Delaware North Co.

Buffalo, New York, United States
Category Company
Founded 1915
Sector Restaurants
Employees60,000
DESCRIPTION

Delaware North Co., Inc. is a privately-held hospitality and food service company. Delaware North has global operations at high-profile places such as sports and entertainment venues, national and state parks, destination resorts and restaurants, airports, and regional casinos.

DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-10 Ruby Seven Studios

Reno, Nevada, United States

Ruby Seven Studios, Inc. is an operator of social and mobile casino games studio.

Buy -
Mergr

Solution for

Product

Company

Legal