Get the latest updates, event schedules, and official announcements from Twin River Casino. Find information on new games, promotions, and facility expansions.

Twin River Casino Latest Updates and Expansion Plans in Lincoln

Bally’s Corporation has officially initiated a major expansion project at its Lincoln, Rhode Island property, focusing on a 40,000-square-foot addition. This new section will house a dedicated poker room with 14 tables, updated slot machines, and a state-of-the-art live entertainment venue. Construction is projected to conclude by the spring of 2025, with an estimated budget of $50 million allocated for the upgrades. https://wazamba-app-gr.com should anticipate temporary closures of certain gaming sections near the north entrance during this period.

Recent financial disclosures for the third quarter show a 5.7% increase in revenue for the Lincoln establishment compared to the same period last year. This growth is primarily attributed to a significant uptick in table game performance, particularly baccarat and blackjack, which saw a combined revenue increase of 12%. The company’s stock, however, experienced a slight dip following the announcement, reflecting investor caution regarding the substantial capital outlay for the expansion. The management remains optimistic, citing strong local patronage and the anticipated draw of the new amenities.

In a separate update, the Tiverton location has completed its integration of a new loyalty program. Patrons can now accumulate points that are redeemable at both Rhode Island properties and other Bally's-affiliated venues nationwide. The system replaces the previous rewards structure and offers tiered benefits, including priority service and exclusive event invitations. Initial feedback suggests a positive reception, with a 15% increase in program sign-ups during the first month of implementation.

Twin River Casino News Digest

Bally's Corporation has finalized the acquisition of the Tropicana Las Vegas property's non-land assets for $148 million in cash. This strategic move grants Bally's control over the operations of a landmark Las Vegas establishment, expanding its national footprint. The company plans a significant redevelopment of the site, although specific project details remain under review.

• The land beneath the Tropicana is owned by Gaming and Leisure Properties, Inc. (GLPI), with Bally's entering into a 50-year lease agreement.


• Annual rent for the property is set at $10.5 million.


• This acquisition adds a key location on the Las Vegas Strip to Bally's portfolio.

Recent financial disclosures for the Rhode Island gaming facilities show a steady performance in table game revenue. Specific figures from the latest reporting period indicate a 3.5% increase in revenue from blackjack and baccarat compared to the previous quarter. Slot machine handle, however, saw a minor dip of 1.2% over the same period.

1. Table Game Gross Revenue: $14.2 million.


2. Video Lottery Terminal Net Revenue: $48.5 million.


3. Sports Wagering Contribution: $2.1 million.

A new high-limit gaming area has opened at the Lincoln, Rhode Island location. This exclusive zone features 80 slot machines with higher denominations and several new blackjack tables. The development is part of a larger, multi-phase renovation project aimed at enhancing the guest experience. The project also includes upgraded dining options adjacent to the new gaming section.

• The renovation budget for this phase was reported at $15 million.


• The area is designed to cater to high-stakes players, offering enhanced privacy and service.

Analyzing the Latest Financial Reports and Stock Performance of Bally's Corporation

Bally's Corporation (NYSE: BALY) stock presents a high-risk, high-reward scenario, primarily suitable for investors with a strong tolerance for volatility. The latest quarterly report ending March 31, 2024, revealed revenues of $618.5 million, a 3.1% year-over-year increase, driven by growth in the International Interactive segment. However, the company posted a net loss of $17.9 million, or ($0.34) per share. This figure is an improvement from the $97.9 million net loss in the same period last year. Adjusted EBITDA reached $132.8 million, indicating some operational strength despite bottom-line pressures.

Investors should monitor the company's debt load, which stood at a substantial $3.6 billion. The completion of the Tropicana Las Vegas demolition project is projected to cost between $400 million and $500 million, a significant capital expenditure that will weigh on free cash flow. Management's guidance for the full year 2024 projects revenue between $2.5 billion and $2.7 billion and Adjusted EBITDAR between $655 million and $695 million. Achieving the higher end of this guidance depends heavily on the successful expansion of its interactive division and the performance of its core brick-and-mortar entertainment venues.

Stock performance has been challenging, with BALY trading near its 52-week low. The current price-to-sales (P/S) ratio is approximately 0.3, suggesting the market has priced in significant headwinds. A key catalyst for potential stock appreciation is the development of the Chicago flagship establishment, which is expected to break ground later this year. Successful execution and timely completion of this project could shift investor sentiment. Conversely, any delays or cost overruns represent a primary downside risk. A hold recommendation is appropriate for current shareholders, while prospective buyers should await clearer signals of debt reduction and positive cash flow generation before initiating a position.

Upcoming Events and Promotions Calendar at Twin River Lincoln and Tiverton Locations

Plan your visit around specific high-value promotions by checking the daily schedules for the Lincoln and Tiverton properties. For instance, the Tiverton location features "Young at Heart" every Monday and Wednesday from 9 AM to 9 PM, offering patrons 55 and older a chance to win up to $250 in Free Slot Play. At the Lincoln establishment, the "High 5" promotion for Rewards Club members aged 50 and over runs on Tuesdays and Thursdays, providing a dining credit and bonus entries for cash drawings.

For maximizing your play, target the "Multiplier Mania" days. These events frequently offer 5X, 7X, or even 10X points multipliers on slot machines and video poker. These promotions are typically scheduled for specific weekdays; check the monthly promotional calendar to align your visit with these point-accelerating opportunities. New Rewards Club members receive an immediate incentive, often a Free Slot Play offer redeemable on their first or second visit, making enrollment a priority upon arrival.

Live entertainment is a staple at both venues. The Lincoln Event Center hosts ticketed concerts featuring national touring acts. For example, upcoming performances include rock bands and tribute artists, with ticket prices starting from $35. Check the official box office for specific dates and seating charts. The Tiverton gaming establishment offers free live music at its Center Bar on Friday and Saturday nights, showcasing local and regional bands from 9 PM until midnight. No ticket is required for these performances.

Seasonal and holiday-themed promotions provide significant opportunities for prizes. Look for special giveaway events like the "Holiday Haul" or "Summer Sizzler," where participants can earn entries for drawings to win cars, cash, or vacation packages. Entry accumulation is usually tied to rated play over a multi-week period, so early participation increases your chances. Details on earning periods and drawing dates are posted on the promotions page of the official website for each location.

Reviewing Recent Gaming Floor Expansions and New Slot Machine Installations

The recent gaming floor enlargement added 30,000 square feet, primarily accommodating new slot machines and expanding the high-limit area. Focus on the southeastern portion of the gaming establishment to find the latest installations. Over 250 new terminals have been introduced, including popular titles from Aristocrat and IGT. Seek out the "Dragon Link" series, specifically "Golden Century" and "Panda Magic," which are now available in multi-denomination formats from $0.01 to $2.00 per credit. For high-stakes players, the newly designated high-limit slot zone features fifty machines with minimum bets starting at $5.00, including "Wheel of Fortune High Roller" and "Buffalo Grand".

Players looking for progressive jackpots should head to the bank of machines near the central entertainment lounge. This area now hosts a linked progressive network for "Lightning Link" titles, with top prizes frequently exceeding $50,000. For a different experience, test the new video poker terminals from GameCo. These skill-based games, such as "Pharaoh's Secret Temple," offer interactive bonus rounds that deviate from traditional slot mechanics. The updated floor layout improves traffic flow, making it easier to access these new gaming sections without navigating through crowded aisles. The non-smoking slot parlor has also been expanded by 5,000 square feet, adding 80 new machines, including "Cash Falls" and "Huff N' More Puff."