Business
March 5, 2021
Bally’s Proposal for Allied May Derail Element’s WPT Deal
Global eSports company Allied Esports Entertainment, Inc. announced today it received a proposal from Bally’s Corporation to acquire its outstanding equity. Bally’s is offering a price consideration of $100 million for the outstanding shares of Allied Esports, payable in cash, Bally’s shares, or a combination of both. Bally’s Looking to Hijack WPT Deal The unsolicited […]
Business
March 5, 2021
Multiple Acquisitions Boost Bally’s Corporation Outlook for 2021
The acquisitions of Bet.Works, Monkey Knife Fight, SportCaller, as well as f Bally’s Atlantic City Hotel & Casino and Eldorado Resort Casino Shreveport have boosted Bally’s Corporation outlook for the current year. January and February Show Increase in Consumer Demand On March 4, Bally’s Corporation posted its financial results for the fourth quarter and full […]
Casino
February 23, 2021
Richmond, Virginia Could Have a World Class Resort by 2024
Bally’s Corporation, a U.S. gaming company, has submitted a proposal to Richmond, Virginia, to build a $650 million World Class Resort and Casino. Bally’s Richmond Casino Resort Could Attract 3.7 Million Visitors According to the proposal, “Bally’s Richmond Casino Resort” would consist of a 4-star hotel, superb dining amenities, pool and spa, state-of-the-art casino, and […]
Casino
February 23, 2021
Richmond Accepts Bid from Bally and Cordish, Decision to Come in June
The City of Richmond in Virginia has received bids for a casino resort by Bally’s Corp. and Cordish Cos, with both companies looking to snap up one of the most important locations in Northern Virginia for a gaming and hospitality project. Richmond Bidding Process Begins Virginia still has one location to go where a casino […]
Sports
February 18, 2021
Bally’s Becomes Official Sports Betting Partner of the NHL
Bally’s Corporation and the National Hockey League (NHL) announced today a multi-year deal to make the casino operator an Official Sports Betting Partner of the league. “We’re thrilled to become the first national sports league partner of Bally’s Corporation.” Keith Wachtel, CBO and Senior Executive VP, NHL Under the terms of the agreement, Bally’s gained […]
Business
February 8, 2021
Bally’s Acquires SportCaller to Boost Player Acquisition
Bally’s Corporation continues to diligently follow the strategy to become the first truly vertically integrated sports betting and interactive entertainment company after the Standard hedge fund-led business announced the acquisition of free-to-play (F2P) game provider SportCaller. “I am delighted to welcome SportCaller to Bally’s Interactive alongside Bet.Works and Monkey Knife Fight.” George Papanier, President and […]
Business
January 27, 2021
Sinclair’s Fox Sports RSNs Ready to Rebrand into Bally Sports
Sinclair Broadcast Group announced Wednesday its Fox Sports regional sports networks (RSNs) would be shedding their skin and get rebranded as Bally Sports, presenting the new logos to the public. “We are extremely proud to unveil the Bally Sports logo as it signifies a new, transformative chapter in the regional sports business and is representative […]
Business
January 25, 2021
Bally’s Corporation Agrees to All-Stock Acquisition of MKF
Casino and interactive entertainment company Bally’s Corporation is entering the world of daily fantasy sports (DFS), having signed today a definitive agreement to acquire the third largest and fastest growing DFS operator in North America Monkey Knife Fight (MKF). Entering the DFS Market Bally’s would acquire the DFS platform which offers a mixture of daily […]
Business
January 21, 2021
BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg
Investment adviser Roundhill Investments which manages 3 exchange-traded funds (ETFs) among which NYSE-traded BETZ, added 4 new stocks to the holdings of the gaining popularity sports betting and iGaming ETF. The Roundhill Sports Betting & iGaming ETF (BETZ ETF) managed by the New York-based investment company and rebalanced on a quarterly basis, bolstered its portfolio […]
Casino
January 6, 2021
Bally’s Corp to Launch Its First Casino in Pennsylvania
Bally’s Corp. and Ira Lubert will jointly open a $120-million casino in Centre County, Pennsylvania, possibly in 2022. Pennsylvania’s 13th Casino On Monday, Bally’s Corp. announced that it had signed a framework agreement to develop and open a $120-million casino in Pennsylvania. The project is a joint venture with real estate developer Ira Lubert and […]