Bally's Corporation
Oakland A’s signs deal to build ballpark on Bally’s Tropicana property
Bally’s Corporation and Gaming & Leisure Properties (GLPI) have reached a binding agreement with the Oakland Athletics of Major League Baseball, to site their new…
Bally’s to outsource tech stack
Land-based and online gaming operator Bally’s Corporation has announced sports betting supplier Kambi and PAM platform solution provider White Hat Gaming will power its sports…
Bally Sports operator bankrupt
The Bally Sports regional networks broadcaster Diamond Sports Group filed for chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas,…
Bally’s confirms $425.5m net loss for 2022
Bally’s Corporation posted a net loss of $425.5m for its 2022 financial year, primarily due to impairment charges, though the operator was able to report…
Impairment charge pushes Bally’s preliminary Q4 losses to $477m
A significant impairment charge may cause Bally’s losses to rise more than 300% year-on-year to $476.8m (£394.3m/€446.2m) according to its preliminary Q4 results, even as…
Bally’s appoints Gamesys veteran Robeson Reeves as CEO as Fenton steps down
Bally’s has announced that current CEO Lee Fenton is to step down, and named the company’s president of interactive, Robeson Reeves, as his replacement. Incoming…
Bally’s closes $500m sale leaseback with private equity firm
Bally’s has closed a deal worth up to $500m (£423.3m/€488.1m) with a real estate private equity firm in Chicago, wherein the firm acquired the 30-acre…
Bally’s reaches deal with unions over Chicago casino
Casino operator Bally’s Corporation has announced that it has signed a multi-project labor agreement (PLA) with a consortium of trade union organizations regarding the construction…
Bally’s moves onto Las Vegas Strip as Tropicana acquisition closes
Gaming operator Bally’s Corporation has completed its $148m (£137.4/ €153.8) acquisition of the Tropicana Las Vegas Hotel and Casino from Gaming & Leisure Properties (GLPI)…
Bally’s revises full-year projections downwards after H1 results
Bally’s revised both its revenue and earnings projections downwards following its Q2 results, in which the acquisition of Gamesys among other businesses helped boost revenue…
Bally’s snaps up shares worth $106.8m in stock buyback
Bally’s has announced the preliminary results of its modified “Dutch auction” tender, which saw 4,858,465 common shares validity tendered at or below $22 (£18.23/€21.48) per…
Bally’s Interactive pens partnership with the Cleveland Browns
Bally’s Interactive, a division of Bally’s Corporation, has entered into a long-term partnership with American football team the Cleveland Browns. The partnership, which will see…
IGT finalises 20-year Rhode Island lottery extension
International Game Technology (IGT) has finalised its new comprehensive 20-year contract extension with the Rhode Island Lottery to remain the exclusive supplier of lottery, iLottery,…
Bally’s forms committee to assess $2bn takeover bid
Bally’s Corporation has formed an independent special committee to assess the $2bn (£1.48bn/€1.77bn) takeover bid submitted last month by hedge fund Standard General. In an…