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Gambling News - 'Bally’s'
Business
May 8, 2023
Tribune Publishing Accepts Bally’s Offer to Leave Freedom Center
Bally’s, a hospitality and gaming giant, has offered a pretty penny to Tribune Publishing to leave the premises as the company is intending to redevelop the area into an entertainment complex that will feature a casino, accommodation, business amenities, and more. The Publishing House Is Moving House The price tag of the upcoming project is […]
Sports
May 2, 2023
Kambi Group plc and White Hat Support Bally Bet’s Growth via Exclusive Deals
The global company that specializes in casino entertainment, sports betting and iGaming is determined to see its online and retail betting operations grow exponentially at a global level in the upcoming years. For this, Bally’s Corporation has sealed a series of important partnerships with Kambi Group plc and White Hat Gaming. Let’s see what each […]
Industry
April 26, 2023
Bally’s Reinforces Online Portfolio with Wazdan Games
Wazdan, a provider of innovative casino games, has unveiled a new partnership with Bally’s Interactive. Under the agreement, Wazdan will leverage Relax Gaming’s aggregation platform to power its new operator partner with a rich selection of gaming content. According to the announcement, Bally’s Interactive will launch Wazdan games on Vera & John, one of its […]
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 […]
Legal
March 15, 2023
Bally Sports Owner Files for Bankruptcy, Seeks to Shed $8B Debt
The broadcaster behind Bally Sports regional sports networks (RSN), Diamond Sports Group (DSG) announced Tuesday it is in the process of finalizing a Restructuring Support Agreement (RSA) with companies that hold the majority of its debt, as well as Sinclair Broadcast Group. This is a strategic move that ultimately seeks to eliminate a debt 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 […]