By Julie Moraine

Casino

Richmond Casino Resort Selection Proceeds with 3 Proposals

March 25, 2021

Officials from the City of Richmond, Virginia, announced Wednesday the race to build a casino resort moved to the next phase after three of the submitted proposals were no longer considered. The City’s Evaluation Panel selected Bally’s Richmond Casino Resort, Live! Casino & Hotel Richmond and One Casino+Resort to advance to the next stage, while […]

By Julie Moraine

Business

Bally’s Proposal for Allied May Derail Element’s WPT Deal

March 5, 2021

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 […]

By Fiona Simmons

Trading

Multiple Acquisitions Boost Bally’s Corporation Outlook for 2021

March 5, 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 […]

By Eva Ivanova

Casino

Richmond, Virginia Could Have a World Class Resort by 2024

February 23, 2021

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 […]

By Mike Johnson

Casino

Richmond Accepts Bid from Bally and Cordish, Decision to Come in June

February 23, 2021

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 […]

By Julie Moraine

Sports

Bally’s Becomes Official Sports Betting Partner of the NHL

February 18, 2021

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 […]

By Julie Moraine

Business

Bally’s Acquires SportCaller to Boost Player Acquisition

February 8, 2021

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 […]

By Julie Moraine

Business

Sinclair’s Fox Sports RSNs Ready to Rebrand into Bally Sports

January 27, 2021

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 […]

By Julie Moraine

Business

Bally’s Corporation Agrees to All-Stock Acquisition of MKF

January 25, 2021

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 […]

By Julie Moraine

Trading

BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg

January 21, 2021

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 […]