Bally's Corporation

15th May 2023

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…

2nd May 2023

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…

15th March 2023

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,…

24th February 2023

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…

13th February 2023

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…

13th February 2023

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…

21st November 2022

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…

17th October 2022

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…

27th September 2022

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)…

4th August 2022

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…

25th July 2022

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…

26th April 2022

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…

25th February 2022

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,…

4th February 2022

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…