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Bally's Corporation (BALY) Stock News, Apr-Jul 2023

BALY NYSE

Bally's Corporation reports developments across casino resorts, interactive gaming, sports betting and lottery technology. The company operates Bally-branded casinos and resorts in the United States and the United Kingdom, owns the Bally Bet sportsbook and iGaming platform in North America, and holds a majority interest in Bally's Intralot S.A., a lottery solutions supplier and gaming operator.

Recurring news includes quarterly results, integration of completed portfolio transactions, casino and resort development projects in Chicago, the Bronx and Las Vegas, credit facilities, sale-leaseback transactions and debt repayment activity. Company updates also cover live entertainment partnerships at casino properties and operating trends in Casinos & Resorts, Bally's Intralot B2C and North America Interactive.

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Bally's Corporation (NYSE: BALY) is set to announce its first-quarter financial results for 2023 on May 9, 2023, prior to market opening. A conference call will follow at 10:00 a.m. EDT to discuss these results. Investors can join the call by dialing (800) 267-6316 and using conference ID BALYQ123. An online audio webcast will also be available via the Investor Relations section of the company's website, with an archive for 120 days.

Bally's operates 15 casinos across 10 states and is expanding its online sports betting and iGaming offerings. With a workforce of 10,500 employees, the company operates approximately 15,000 slot machines and 600 table games. Following upcoming developments, Bally's will manage 17 casinos in 11 states.

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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.

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FAQ

What is the current stock price of Bally's (BALY)?

Bally's (BALY) last closed at $13.5.

What is the market cap of Bally's (BALY)?

The market cap of Bally's (BALY) is approximately $681.3M.