Vedder Thinking | News Terence M. Dunleavy, Dalius F. Vasys, Counsel Delaware North in Jumer’s Casino & Hotel Acquisition
(CHICAGO)—Vedder Price client Delaware North Companies acquired Jumer’s Casino & Hotel, a casino and hotel located in Rock Island, Illinois, for $180 million. Vedder Price shareholders Terence M. Dunleavy and Dalius F.Vasys acted as regulatory and transactional counsel to Delaware North Companies throughout the transaction.
The deal was announced in September 2010, recently approved by the Illinois Gaming Board, and closed at the end of April 2011. Delaware North Companies began operating Jumer’s Casino & Hotel on April 27, 2011.
Delaware North Companies is a global hospitality company, with annual revenues of over $2 billion. The company owns and operates several U.S. casinos and gaming venues and also serves customers throughout Canada, the United Kingdom, Australia and New Zealand.