Also, overall performance at Hard Rock Hotel & Casino Biloxi ('Hard Rock Biloxi') remained strong. Tiverton Casino Hotel ('Tiverton'), which opened in September 2018, continued to demonstrate marked resilience in the face of the new regional competition mentioned above.

New competition in the New England market, and the associated increases in marketing and promotional activity, continued to negatively impact revenue in the fourth quarter at the Company's Twin River Casino Hotel ('Lincoln'), however, the Company noted that the impacts have moderated and revenue has showed signs of stabilization. This increase was principally driven by the effects of the acquisition of Dover Downs Hotel & Casino ('Dover Downs'), which continued to exceed expectations contributing $27.6 million of revenue to the Company's results. Revenue for the fourth quarter of 2019 increased 17.0% to $130.4 million from $111.4 million in the fourth quarter of 2018. (1) Refer to tables in this press release for a reconciliation of these non-GAAP financial measures to the most directly comparable measure calculated in accordance with GAAP.

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