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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 […]
Sports
June 5, 2024
FanDuel to Replace Bally’s as Naming Sponsor for Diamond Sports
FanDuel, a leading sports betting company, is close to finalizing a deal that would give it the naming rights for 18 regional sports networks owned by Diamond Sports Group. In this multi-year pact, FanDuel will replace the current Bally’s name with its branding which could lead to dramatic shifts across various sectors of broadcasting. FanDuel […]
Casino
May 24, 2024
Bally’s Partners Up with Carnival Cruise Line for New Rewards Experiences
Carnival Cruise Line and Bally’s Corporation will allow Bally’s Rewards members to claim exclusive cruise benefits when they board Carnival ships that will only be available to them. Bally’s Rewards on Casino Cruises The partnership launched on Thursday, and it covers three tiers of the Bally’s Rewards program specifically Legend, SuperStar, and Star, as it […]
Industry
May 23, 2024
Rhode Island Delays Decision on Casino Smoking Ban Bill
The battle against indoor smoking in casinos across the United States has been ongoing for decades. Years after the ban on smoking in public places, there are still states that permit the activity on the casino floors. Rhode Island is one state where legislation, calling for smoke-free casinos, is slowly advancing. Yet, the proposal, which […]
Casino
May 21, 2024
Bally’s Proposes Doubling Gambling Credit Limit to $100,000 in Rhode Island
Bally’s is trying to increase the gambling credit limit at its two properties in Rhode Island from $50,000 to $100,000 in order to stay competitive and attract high-stakes players. Not surprisingly, this move has sparked concerns despite the fact that Bally’s has secured the support of Senate President Dominick Ruggerio. Bally’s Representative Tackles Concerns Over […]
Business
May 17, 2024
Bally’s Shareholders Reject Smoke-Free Policy Proposal
During a brief virtual annual shareholder meeting, Bally’s Corporation turned down a proposal that wanted to explore the potential benefits of implementing a smoke-free policy across all Bally’s properties, including those located in Rhode Island. Trinity Health Proposes Smoke-Free Policy at Bally’s The proposal was presented by Trinity Health and the American Nonsmokers’ Rights Foundation. […]
Industry
May 2, 2024
Bally’s Anticipates Further UK Growth with Online Betting Entry
Earlier this week, the leading gaming, hospitality and entertainment company, Bally’s Corporation, released its first quarter financial results. At the time, the company revealed a company-wide revenue of $618.5 million for Q1, marking an increase of 3.3% year-over-year when compared to the corresponding period in 2023. Despite the performance, which Bally’s CEO, Robeson Reeves acknowledged […]
