Business
May 6, 2022
Bally’s Corporation Rejected Standard General’s Takeover Offer
The gaming company Bally’s Corporation has turned down a takeover proposal from the investor giant Standard General. As of now, the former company will focus on its business and upping the price of its shares. Bally’s Turned down the Offer The offer put forward by the investors in January sought to buy out Bally’s at […]
Business
April 13, 2022
Bally’s Acquires $5M Snipp Stake, Integrates Gambit Rewards
A subsidiary of Bally’s Corporation signed an agreement with Snipp Interactive to acquire a minority stake at the global provider of digital marketing promotions, rebates and loyalty solutions. First Refusal to Competitor Acquisition Bids Bally’s Corporation’s subsidiary will invest a total of $5 million in Snipp and as part of the investment will gain the […]
Casino
March 31, 2022
Bally’s Unveils Plans about Fukuoka, Japan IR, Says Report
Bally’s Corporation made a surprising announcement earlier this week, a new report reveals. During a press conference on Wednesday, the company revealed it is hoping that the government in Japan will consider its bid to build an integrated resort (IR) in Fukuoka. Bally’s Plans to Enter Japan’s IR Race The company revealed plans for a […]
Sports
March 28, 2022
Bally’s Introduced New Free-To-Play March Madness Game
Bally’s Corporation’s digital gaming arm Bally’s Interactive announced today a new free-to-play game related to the final two rounds of the NCAA Men’s Division I Basketball Tournament. Last Chance to Compete Bally Bracket: $100K Overtime offers fans of college basketball one last chance to compete for one of the available prizes totaling a guaranteed $100,000 […]
Industry
March 14, 2022
Bally’s Corporation Appoints SVP Bobby Lavan as CFO
Hospitality and entertainment company operating casinos, resorts, and online gaming businesses Bally’s Corporation announced today a change within its management team. Stepping as Chief Financial Officer Bally’s appointed Bobby Lavan as its Chief Financial Officer to replace the company’s current CFO Steve Capp, who is leaving the Standard hedge fund-managed group to pursue other opportunities […]
Industry
March 11, 2022
Tennessee Regulator Approves Three New Mobile Sportsbooks
The number of approved mobile sports betting licensees in Tennessee grew earlier this week, following a meeting of the regulator. The Regulator in Tennessee Approves New Mobile Sportsbooks On Thursday this week, the Tennessee Sports Wagering Advisory Council (SWAC) approved three new online sportsbook operators. By now, the list of operators surpassed a dozen thanks […]
Sports
March 9, 2022
Win $100M from Bally’s March Madness F2P Contest
Bally’s Corporation has announced a new free-to-play game that offers sports fans and collegiate sports enthusiasts an opportunity to win $100 million outright. The only drawback is that they must get 63 games this March Madness season right. The chances of this happening are not very high as the NCAA estimates that there are 9.2 […]
Business
February 23, 2022
Bally’s Creates Environmental, Social and Governance Committee
Bally’s Corporation released a strategy update, outlining that it established an official committee that will oversee the company’s environmental, social and governance (ESG) strategy. The company also said that Robeson Reeves will be serving as the chair of the new ESG committee. Bally’s Selects Robeson Reeves as its ESG’s Committee Chair Bally’s Corporation, the leading […]
Business
January 26, 2022
Bally’s Receives Takeover Offer 30% Greater than Its Valuation
Standard General must know something others don’t. The New York hedge fund has offered to purchase the shares it doesn’t already own of Bally’s Corp. at a $2.07-billion valuation. Standard General is managed by Soohyung Kim, Bally’s chairman. Bally’s Mulls Buyout Bid Standard General is the largest shareholder of Bally’s, holding 20% of the company. […]
Sports
December 17, 2021
Bally’s Forges New Partnership with Major League Fishing
Bally’s Corporation announced a new deal with Major League Fishing earlier this week. Major League Fishing and Bally’s Ink New Agreement The leading US omni-channel provider of land-based gaming and interactive entertainment, Bally’s Corporation, inked a new groundbreaking deal with Major League Fishing (MLF), the world’s largest tournament-fishing organization. The deal was completed on Thursday […]