Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
Business
August 1, 2022
Bally’s Signed Marketing Deal with MLB’s New York Yankees
The operator of land-based casinos, resorts and online gaming Bally’s Corporation announced today a multi-faceted marketing partnership with the New York Yankees. In-Stadium Brand Visibility The agreement between Bally’s and the 27-time World Series Champions marks the operator’s first sports betting partnership in New York following its launch of online sports betting operations in the […]
Casino
July 25, 2022
Bally’s Closed ‘Dutch Auction’ Tender, Published Results
Bally’s Corporation, the hospitality and entertainment company operating casinos, resorts and online gaming, announced today the preliminary results of its modified “Dutch Auction” tender offer which expired at midnight NYC time on July 22, 2022. Preliminary Numbers Released According to the preliminary count of the depositary for the tender offer, American Stock Transfer & Trust […]
Sports
July 4, 2022
BallyBet.ca receives Ontario iGaming license
BallyBet.ca will be the new entry into the Ontario iGaming market with Bally’s sports betting and iGaming platform obtaining an entry into the coveted market. The Alcohol and Gaming Commission of Ontario (AGCO) issued the license on June 30 and the permit will run through June 29, 2024, when it will expire and be due […]
Business
June 29, 2022
Bally’s Inks $1B Sale-and-Leaseback Deal for Rhode Island Casinos
Bally’s Corporation has said yes to a massive sale-and-leaseback deal valued at $1 billion for its Rhode Island casinos, Tiverton Casino and Hotel and Twin River Lincoln Casino. Both will be purchased by GLP Capital, which is Gaming and Leisure Properties’ operating partner. Once the sale will be completed, Bally’s will instantly lease them back […]
Business
June 27, 2022
Bally Bet to Face a Tough Fight in New York after Delayed Launch
According to industry insiders, sportsbook operator Bally Bet may finally launch in New York within the next week. The Rhode Island-based brand will be the last of the state’s nine regulated sportsbooks to launch and will face an uphill battle to secure a market share. Recent Launch Delays Could Be an Intentional Move by Bally’s […]
Casino
June 17, 2022
Bally’s Makes Its $40 Million Chicago Casino Pledge, Mayor Confirms
Chicago’s long-awaited casino has just moved one step closer as Bally’s paid its $40 million pledge to the city. The mayor of Chicago, Lori Lightfoot, confirmed the news on Thursday and thanks to this development, the $1.7-billion project can enter the next phase of development. The Permanent Bally’s Casino Is Set to Change the Standards […]
Casino
June 15, 2022
River North Residents Demand to Make Bally’s Casino More Agreeable
In May, Chicago mayor Lori Lightfoot considered Bally’s Corporation to be the most suitable operator for the upcoming $1.7-billion casino in the city. The news came after the mayor originally denied reports that the corporation had won the battle against Hard Rock International and Rush Street Gaming. Not all residents took the news of a […]
Industry
May 17, 2022
DraftKings, Bally’s Acquire Kansas Market Access via Boot Hill Casino
DraftKings and Bally’s Corporation secured market access in Kansas through agreements with the subsidiary of Butler National Corporation that manages Boot Hill Casino & Resort in Dodge City. Awaiting Regulatory Approvals The agreements Butler National, a leader in special mission aircraft modifications and provider of gaming industry professional management services, signed with Boston-based DraftKings and […]
Industry
May 6, 2022
Bally’s Corporation Wins Chicago Casino Bid, Gets Praised by Lightfoot
Bally’s Corporation has been chosen as the operator of a new casino in Chicago, Illinois. Some people are unhappy with the decision. Bally’s Had the Best Design and Overall Vision Lori Lightfoot, the mayor of Chicago, announced that the city has decided to pick Bally’s Corporation as the operator of a new $1.7 billion casino […]
