Casino
July 25, 2025
Bally’s Chicago Ready to Complete $250M Casino IPO
After months of setbacks, Bally’s Chicago is pushing to complete its $250 million initial public offering (IPO), aiming to finalize the deal in the coming weeks. The casino project, tied to the construction of a $1.7 billion entertainment complex in River West, has faced regulatory hurdles and legal pushback since the IPO was first launched […]
Casino
July 23, 2025
Casino Queen Marquette to Move Inland, Rebrand to Bally’s Marquette
Casino Queen Marquette is set to change its identity as part of a $21 million project that will see the riverboat casino move inland. The property’s new name will be Bally’s Marquette, celebrating its operator and the city it is based in. A New Chapter for Casino Queen Marquette The Iowa venue, which will […]
Industry
July 15, 2025
New York City Council Blocks Bally’s Bronx Casino Plan
On July 14, the New York City Council rejected the company’s proposal to rezone part of the city-owned Bally’s Golf Links for a planned $4 billion casino complex, which would have featured a 500-room hotel and a 2,000-seat entertainment venue. New York City Council Rejects Bally’s Request The City Council was asked if they should […]
Casino
July 7, 2025
Bally’s Might Drop Star Entertainment Rescue Plan Due to Regulatory Risks
The US casino company Bally’s Corporation has expressed major worries about its planned bailout of Australia’s Star Entertainment Group. It warns it may pull out if regulators slap a big fine on Star. Bally’s Warns $300M Star Rescue Hinges on AUSTRAC Fine Outcome Bally’s chairman Soo Kim said the $300 million rescue deal, which Australian […]
Business
July 3, 2025
Fitch Signals Possible Downgrade for Bally’s After Major Business Change
Bally’s Corporation is under fresh financial scrutiny following its latest announcement about its global online operations. Fitch Ratings has put Bally’s and its debt on “Rating Watch Negative”, hinting that the casino company might see a lower rating in the months ahead. Bally’s Plans $3.2 Billion Deal With Intralot to Cut Debt, but Risks Remain […]
Business
July 2, 2025
Intralot Plans to Buy Bally’s International Interactive for €2.7B
Intralot S.A., a Greek company specializing in gaming and lottery technology, has signed a binding agreement to purchase Bally’s International Interactive. The deal is worth €2.7 billion ($3.18 billion), combining cash and issued shares. This move represents a key moment in the global gaming industry. The companies expect to complete the transaction by the end […]
Industry
July 1, 2025
Hasbro Unveils Partnerships with Four Gaming Companies
Toy and game giant Hasbro has unveiled several casino-oriented partnerships that will greatly expand its presence in the world of gambling. In addition to the tie-up with Aristocrat Technologies that GamblingNews reported earlier, Hasbro has also confirmed partnerships with Galaxy Gaming, Evolution and Bally’s Corporation. Hasbro Is Ready to Game on According to Hasbro’s official […]
Business
June 25, 2025
The Star Entertainment’s Shareholders Give the Go-Ahead to Bally’s AUD 300M Lifeline
The Star Entertainment Group just held its General Meeting. Among other important developments, the Australian casino & hospitality giant secured shareholder approval for Bally’s AUD 300 million rescue proposal. Shareholders Greenlight Bally’s Aid In April, The Star revealed that it had entered into a binding term sheet with Bally’s Corporation with respect to a multi-tranche […]
Casino
June 12, 2025
Bally’s Bronx Casino Bid Clears Key Hurdle with Boost from NYC Mayor
New York City Mayor Eric Adams stepped in at a critical time to help secure a crucial City Council vote. This vote might open the door for Bally’s Corporation to construct a big casino on the site of a former Trump-branded golf course in the Bronx. Despite Opposition, Council Approves Measure Aiding Bally’s Casino Proposal […]
Casino
June 10, 2025
Bally’s Settles Lawsuit Filed by Two White Men over IPO
Bally’s and the city of Chicago have finally settled a lawsuit filed by two white men who alleged that the company had unfairly barred certain groups of people from participating in the company’s proposed initial public offering (IPO). White Men Are Discriminated Against, Plaintiffs Say The litigation brought by the Wisconsin Institute for Law & […]