Sports
March 31, 2023
Bally’s Becomes Official Partner of Minor League Baseball
Global casino-entertainment company Bally’s Corporation announced a new partnership with Minor League Baseball (MiLB) Friday. Under the terms of the new multi-year collaboration, Bally’s gained rights to live broadcast, as well as exclusive free-to-play gaming content rights for its digital platforms. The new partnership marks an important achievement for the duo. This is because the […]
Sports
March 22, 2023
MLB Minor Games Soon to Be Streamed on Bally’s Casino App
MLB has been looking to expand viewership and boost interest in the sport. This comes at a time of a tangible decline in audiences and somewhat slowing interest among core demographics of the sport. MLB’s Minor League to Stream on Bally’s App As reported by The New York Post, MLB has sold the rights of […]
Business
March 9, 2023
NGCB Positive about Bally’s Incoming CEO Robeson Reeves
Early last month, the global casino-entertainment company, Bally’s Corporation, announced a senior-level change. The company confirmed its plans to replace its CEO, Lee Fenton. Consequently, Bally’s confirmed that Fenton will remain in that role until March 31, 2023. As a replacement for Fenton, the company selected Robeson Reeves, an expert within the iGaming vertical with […]
Business
February 24, 2023
Bally’s Enjoys Exceptional Results in 2022 and Growth for Q4
Details emerged as a part of a trading update released on Thursday which saw the company report fourth quarter revenue of $576.7 million. This result, when compared to the Q4 2021 result of $547.7 million, marked a strong increase of more than 5%. Adjusted EBITDA for the three months ended December 31, 2022, hit $145.8 […]
Casino
February 16, 2023
Bally’s Enters the Race for the Limited New York Licenses
The New York State Gaming Commission recently opened the application bidding process for three new downstate casino licenses, and the list of applicants continues to grow. Bally’s is the latest operator to submit its proposal. While the operator’s project seems sound, it will have to compete with other industry heavyweights sporting equally compelling propositions. The […]
Casino
February 14, 2023
Bally’s Corporation Reports Preliminary Results for Q4 and 2022
The preliminary results took a look at both the fourth quarter and the full year. In terms of four-quarter performance, the company posted revenue of $576.7 million, but net loss amounted to $476.8 million, the company said in the update shared with media late on Monday. Fourth Quarter Sees “Unacceptable” Interactive Division Performance Adjusted EBITDA […]
Business
February 13, 2023
Bally’s Corporation Says Robeson Reeves to Replace Lee Fenton as CEO
The global casino-entertainment company with a constantly growing offering of sports betting and iGaming products has announced its current chief executive officer Lee Fenton will be replaced by its interactive department president – Reeves. Fenton Will Also Leave Bally’s Board of Directors The decision will come into effect starting March 31, 2023. Besides stepping down […]
Business
January 19, 2023
Bally’s Plans 15% Layoffs in North American Interactive Segment
The announcement came on Wednesday after the company filed Form 8-K with the US Securities and Exchange Commission. The filing reveals that Bally’s plans to reduce its operating costs and boost the profitability of its North American Interactive segments. Redundancies a Part of a Restructuring Plan The announced restructuring plan involves the reduction of the […]
Business
January 18, 2023
Bally’s Names Tracy Harris Independent Member of the Board
The international casino-entertainment company that has access to 18 OSB licenses and owns 15 casinos has chosen the experienced chief financial officer and strategic advisor for her “deep finance, operations, and strategy expertise”, as stated by Bally’s chairman of the board Soo Kim. On Board in Numerous Sectors With an accumulated experience of over two […]
Sports
December 20, 2022
Bally’s Branded RSNs Face Bankruptcy as Sports Leagues Back Out of Sale Talks
The New York Post reported that the MLB, the NBA, and NHL will most probably back out of their plans to buy the 21 RSNs owned by Diamond Sports Group that account for about over half the local broadcast market in the US. The decision stems from the fact that Diamond Sports announced it is […]
