News Details

Lincoln, Rhode Island, April 23, 2019: Twin River Worldwide Holdings, Inc. (TRWH) (NYSE:TRWH) has named Marc Crisafulli to the newly created position of Executive Vice President, Government Relations, subject to licensing. In that capacity he will be responsible for directing the company’s government and public affairs for all of the TRWH properties nationwide and will support the company’s pursuit of strategic initiatives.

In making the announcement, George Papanier, President and Chief Executive Officer of TRWH said, “We’re pleased to welcome Marc as an integral part of our executive team. His track record of success in stakeholder relations, identifying and managing legislative opportunities and providing internal and external leadership with public sector constituents will serve us well in the jurisdictions in which we do business.”

Mr. Crisafulli most recently served as the President of the US&C and Global Device Protection for Brightstar Corporation, a Softbank Company, where he was responsible for a $5 billion region, based outside of Chicago with operations in the United States and Canada as well as a $300 million global division, based outside of Atlanta, with operations on five continents. Prior to that he was an active member of the Rhode Island business community, having served as Managing Partner of Hinckley, Allen & Snyder as well as a senior executive and general counsel for GTECH Corporation, now IGT.

“I’m excited to come home professionally and join the company at such a pivotal time in its history,” said Crisafulli. “With the recent Dover Downs acquisition and New York Stock Exchange listing, I believe TRWH to be well-positioned to continue to meet both the challenges and opportunities that exist today in the gaming sector. I look forward to solidifying our relationships with our public partners and constituencies throughout the country who play an important and ongoing role in our continued success.”

Crisafulli received a BA from Boston University in Economics and Political Science and a JD from Georgetown University School of Law. He resides with his family in Providence, Rhode Island.

About Twin River

Twin River owns and manages two casinos in Rhode Island and one in Mississippi, as well as a Colorado horse race track that possesses 13 OTB licenses. Properties include Twin River Casino Hotel (Lincoln, RI), Hard Rock Hotel & Casino (Biloxi, MS), Tiverton Casino Hotel (Tiverton, RI) and Arapahoe Park (Aurora, CO). Twin River’s expertise spans various casino markets, including regional, destination and resort environments. Its casinos range in size from 1,000 slots and 32 table games facilities to properties with 4,200 slots and 123 table games, along with hotel and resort amenities.More information may be found at www.twinriverwwholdings.com.

About Dover Downs

Owned by Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE), Dover Downs Hotel & Casino® is a premier gaming and entertainment resort destination in the Mid-Atlantic region. Gaming operations consist of approximately 2,200 slots, a full complement of table games, including poker, and a newly expanded race and sports book taking single game wagers on professional and college sports. The AAA-rated Four Diamond hotel is Delaware’s largest with 500 luxurious rooms/suites and amenities including a full-service spa/salon, concert hall and 41,500 sq. ft. of multi-use event space. Live, world-class harness racing is featured November through April, and horse racing is simulcast year-round. Additional property amenities include multiple restaurants from fine dining to casual fare, bars/lounges and retail shops. For more information, please visit www.doverdowns.com.

Caution Concerning Forward-Looking Statements

This communication contains “forward-looking” statements as that term is defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, including statements regarding the transaction between Dover Downs and Twin River and other corporate actions. All statements, other than historical facts, including statements regarding the expected timing of the proposed transaction, the ability of the parties to complete the proposed transaction considering the various closing conditions and any assumptions underlying any of the foregoing, are forward-looking statements.

Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target” or other similar words or expressions. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved.

Any forward-looking statements speak only as of the date of this communication. Neither Dover Downs nor Twin River undertakes any obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Contacts

Patti Doyle
401-374-2553
patti.doyle@gmail.com

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