Bally's Twin River Lincoln Opens New Casino Gaming Area

Bally's Corporation (NYSE: BALY) has officially opened a new 40,000-square-foot gaming area at the Twin River Lincoln Casino Resort, marking a significant expansion of its facilities.

Rhea-AI Summary

Bally's Corporation (NYSE: BALY) has officially opened a new 40,000-square-foot gaming area at the Twin River Lincoln Casino Resort, marking a significant expansion of its facilities. This development is part of the Marc A. Crisafulli Economic Development Act signed into law in 2021. The expansion includes 355 slot machines, 57 table games, and 27 stadium-style games, representing a $100 million investment aimed at boosting revenue for Rhode Island. Governor McKee and other officials praised Bally's for its continued contributions to the local economy and workforce. Additionally, Bally's recently opened Spa Light, a 14,000-square-foot Korean-inspired spa, enhancing its offerings to visitors.

Positive

• Opened a new 40,000-square-foot gaming area, enhancing the casino's capacity.
• Represents a $100 million investment in Rhode Island, indicating strong commitment to the local economy.
• Expanded gaming options include 355 slot machines and 57 table games, increasing potential revenue streams.

Negative

• None.

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PROVIDENCE, R.I., April 25, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that the Bally's Twin River Lincoln Casino Resort officially opened 40,000 square feet of new gaming space in a landmark expansion of its casino floor. This expansion fulfills a key component of the Marc A. Crisafulli Economic Development Act enacted by the General Assembly and signed into law by Governor McKee in 2021.

To mark the occasion, Bally's representatives, including Craig Eaton, Head of Bally's Rhode Island Operations, Paul Juliano, Senior Vice President, Craig Sculos, Senior Vice President of Regulatory Affairs, and Tony Rohrer, Regional Vice President & General Manager, were joined today by Governor Daniel McKee, Speaker of the House K. Joseph Shekarchi, Senator Frank Ciccone, who serves as Chair of Joint Committee on State Lottery, Lincoln Town Administrator Philip Gould, and George Nee, President, AFL-CIO, at Bally's Lincoln for a grand opening ceremony.

"We are pleased to celebrate today's grand opening alongside so many of our valued partners, including Governor McKee, House and Senate Leadership, our union workforce, and our regulators, the Division of Lottery and Department of Business Regulation," said Mr. Eaton. "Our expanded gaming floor, combined with other property improvements, represents a $100 million investment in Rhode Island to generate much needed revenue for our home state."

"The new gaming area includes 355 slot machines, 57 table games, 27 stadium-style games, and a first-class, high limit gaming area," Mr. Eaton continued. "Our expanded footprint also blends with the existing facility design, incorporating several feng shui principles such as a large waterfall. Additionally, a new, comfortable, and contemporary food hall provides seating for 150 guests, including an exclusive private dining area with exterior views. Finally, adjacent to the new 16-seat casino bar is 'Plume & Proof,' a cigar lounge with access to an outdoor smoking patio."

"This expansion marks another important milestone for not only Bally's Lincoln but for Rhode Island itself," said Governor McKee. "We are grateful to Bally's for its ongoing partnership that contributes to our workforce, our economy, and our State as a whole. I also want to congratulate Bally's on the successful completion of this crucial expansion and continued investment in Rhode Island's future." 

"I was pleased to sponsor the legislation that paved the way for today's grand opening ceremony, and I congratulate Bally's on its continued investment in our State and its workforce," said Speaker Shekarchi.

Senate President Dominick Ruggerio, added, "I applaud Bally's efforts to continuously reinvest in itself and this State by improving upon an already wonderful gaming facility, and in so doing, fulfilling their commitment to constantly improve all they offer their customers, stakeholders, and the taxpayers of Rhode Island."

Earlier this year, Bally's opened Spa Light – International Spa, the region's largest Korean inspired spa comprising 14,000 square feet. The spa offers a host of services, including massages, body scrubs, facials, skin care, and lash services. It also features luxurious saunas and a bath house consisting of vitality pools, hot tubs, and cold plunge pools. Additional offerings include steam rooms, seated showers, body scrub tables, and well-appointed men's and women's changing rooms. The four luxurious dome sauna experiences include a Finnish-style hot sauna, an elemental Jade Room, a Himalayan Salt Room, and an invigorating Ice Room. Additionally, a dedicated dining area for spa customers features Korean cuisine. Suffolk Construction served as the general contractor for both projects.

"Today is an important day for not only the tradespeople we represent who built this beautiful addition, but also for the close to 1,000 union members who service and operate this facility day in and day out," said George Nee. "We celebrate the fact that over 20 unions and hundreds of union members played a role in expanding, modernizing, and operating Bally's Twin River Lincoln Casino Resort. Thank you to Bally's for its continued commitment to preserve and enhance the family sustaining wages and benefits opportunities that it provides to our members."

"On behalf of the Town of Lincoln, congratulations to the entire Bally's team on today's grand opening and we thank you for your dedication to your host community of Lincoln," said Administrator Gould.

About Bally's Corporation

Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 15 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, formerly Gamesys Group, a leading, global, online gaming operator, Bally Bet, a first-in-class sports betting platform and Bally Casino, a growing iCasino platform. 

With 10,500 employees, the Company's casino operations include approximately 15,000 slot machines, 600 table games and 5,300 hotel rooms. Upon completing the construction of a temporary casino facility in Chicago, IL and a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 17 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY".

Investor Relations

Robert Lavan
Chief Financial Officer
401-475-8564
InvestorRelations@ballys.com

Media Contact 

Richard Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com

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SOURCE Bally's Corporation

FAQ

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What is the significance of Bally's new gaming area opening on April 25, 2023?

The new gaming area at Bally's Twin River Lincoln Casino Resort signifies a major expansion, fulfilling a key economic development initiative and representing a $100 million investment.

How many new games are included in Bally's gaming area expansion?

The expansion includes 355 slot machines and 57 table games, along with 27 stadium-style games.

What economic impact does Bally's expansion have on Rhode Island?

Bally's $100 million investment is expected to generate vital revenue for Rhode Island and create jobs, contributing positively to the local economy.

Which officials attended the grand opening of Bally's new gaming area?

The grand opening was attended by Governor Dan McKee, Speaker of the House K. Joseph Shekarchi, and other local leaders.

What features does Bally's new gaming area offer?

The new gaming area features a high limit gaming section, a modern food hall, and a cigar lounge, blending with the casino's existing design.