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Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Casino
September 4, 2024
Bally’s and EPIC Team Up for Three-Year Responsible Gaming Overhaul
EPIC Global Solutions has teamed up with Bally’s Corporation for a big three-year project. They aim to shake up responsible gaming standards across the board. This team-up is set to make a big difference in both the US and the UK. The two companies want to make gaming spots safer and more fun by teaching […]
Casino
September 4, 2024
Bally’s and Palms Casino Expand Loyalty Rewards in New Partnership
Bally’s Corporation and Palms Casino Resort have joined forces giving Bally Rewards members new ways to earn and use points at the Palms, a famous casino away from the Strip in Las Vegas. This team-up comes at a key time for Bally’s, which just closed its old Tropicana property showing a change in how the […]
Business
August 26, 2024
Construction Financing Key to GLPI’s Future Growth, Says Expert
The real estate investment trust, specializing casino properties, Gaming and Leisure Properties (GLPI), has enjoyed a busy year so far, with a number of important announcements and strategic moves. Recognized as the nation’s first gaming real estate investment trust, the 2013-founded company has a growing portfolio of 65 premier gaming and related facilities. The properties […]
Business
August 1, 2024
Bally’s Execs Tight-Lipped on Merger During Recent Earnings Call
Bally’s Corporation, the leading gaming and entertainment company with a strong presence in the United States, announced recently it has entered into a definitive merger agreement with its largest common stockholder, Standard General L.P. Despite the initial announcement, Bally’s executive didn’t discuss the topic during a recent earnings call on Wednesday. Per the strategic deal, […]
Industry
July 31, 2024
Bally’s Joins IBIA, Allows Firefighters to Train at Chicago Casino Site
Bally’s Corporation has become the latest member of the International Betting Integrity Association (IBIA), highlighting its commitment to the highest integrity standards. In addition, the company allowed firefighters to use the site of its upcoming casino in Chicago for training purposes. Bally’s Joins the IBIA As a member of the IBIA, Bally’s will join an […]
Sports
July 29, 2024
Maryland Regulator Clears Bally Bet for Launch
The Maryland Lottery and Gaming Control Commission (MLGCC) has cleared Bally’s Interactive for online sports betting launch in the state. This would mark the ninth state in which the gaming and betting operator’s online sports wagering products are available. Last week, Bally’s Interactive operated a demonstration of its Bally Bet brand, highlighting its technological capabilities […]
Business
July 29, 2024
Bally’s Reaffirms Commitment to Las Vegas amid Ambitious Expansion Plans
Soo Kim, Bally’s chairman and co-founder of Standard General L.P., the company behind the recently announced acquisition, discussed the operator’s post-merger strategy. He noted that the future of casino gaming remains bright despite current market uncertainties. Kim remained adamant that the multibillion-dollar investment was a testament to Standard General’s confidence in the sector’s continued growth. […]
Business
July 26, 2024
Bally’s Corporation Commits to Standard General Merger Agreement
Bally’s Corporation has entered into a definitive merger agreement with Standard General L.P.—its largest common stockholder, under which Standard General will acquire all outstanding shares of Bally’s for $18.25 per share. This new chapter for Bally’s should bring fresh opportunities for the operator and create lasting growth for the company. This Deal Should Significantly Expand […]
Casino
July 12, 2024
Bally’s Corporation Secures $2B in Funding for Its Permanent Chicago Property
Bally’s Corporation has secured funding for its permanent casino in Chicago from Gaming and Leisure Properties thanks to a new lease arrangement. This will allow the former company’s property in the city to progress after a period of financial uncertainty. According to the announcement, an affiliate of Gaming and Leisure Properties agreed to acquire the […]
