Bally's announced it is planning to sell Twin River in Lincoln and lease it back from the new owner.
According to a release, the company plans to sell the casino to Gaming and Leisure Properties Inc. for $735 million before transaction expenses and taxes.
Bally's said the cash flow will assist them with their strategic plans.
In 2022, Bally's sold the properties of their Lincoln and Tiverton Casinos to Gaming and Leisure Properties for $1 billion.
Bally's immediately leased back the two properties from Gaming and Leisure Properties while continuing to own, control and manage the gaming operations of the facilities
https://turnto10.com/news/local/ballys-to-sell-twin-river-lincoln-gaming-leisure-properties-735-million-cash-sale-properties-management-september-16-2025