Welcome to our dedicated page for BALYT news (Ticker: BALYT), a resource for investors and traders seeking the latest updates and insights on BALYT stock.
Bally's Corporation (BALYT) operates at the intersection of gaming, sports betting, and interactive entertainment. This news hub provides stakeholders with direct access to official announcements and market developments impacting this diversified leisure company.
Investors and industry observers will find curated updates including earnings reports, strategic partnerships, regulatory developments, and technology initiatives. Our aggregation ensures timely access to information affecting Bally's physical casino operations, digital platforms, and omnichannel growth strategies.
Content spans operational milestones across key verticals: land-based gaming expansions, sports betting platform enhancements, and corporate governance updates. Regular updates reflect Bally's position in the evolving entertainment landscape where digital innovation meets traditional hospitality.
Bookmark this page for structured access to BALYT's financial communications and market disclosures. Check back for verified updates that matter to your analysis of this gaming sector innovator.
Bally's Corporation (NYSE:BALY) has secured increased commitments for its revolving credit facility (RCF) to $670 million, with $510 million extended to October 2028. The company received unanimous consent from RCF lenders for the planned $735 million sale and leaseback of Twin River Lincoln Casino Resort to Gaming and Leisure Properties (NASDAQ:GLPI).
Upon completion of the sale-leaseback transaction, Bally's will reduce secured debt by $500 million, including a 7.5% reduction in RCF commitments to $620 million and approximately 19% reduction in term loan and first lien notes. Total outstanding term loans and first lien notes are expected to decrease from $2.4 billion to $1.92 billion.
Additionally, Bally's continues progressing with its previously announced €2.7 billion sale of Bally's International Interactive business to Intralot S.A., expected to close in Q4 2025.
Bally's Corporation (NYSE:BALY) has secured significant amendments to its revolving credit facility (RCF). Key developments include: extension of $460 million RCF commitments to October 2028, unanimous consent from $620 million RCF lenders for the Twin River Lincoln Casino Resort sale and leaseback (SLB) transaction with GLPI for $735 million.
Upon SLB completion, Bally's will reduce secured debt by $500 million, including a 7.5% reduction in RCF commitments to $574 million and approximately 19% reduction in term loan and first lien notes. The company is also progressing with the €2.7 billion sale of Bally's International Interactive to Intralot S.A., expected to close in Q4 2025, which will result in Bally's owning over 60% equity in the combined entity.
Bally's Corporation (NYSE:BALY) reported Q2 2025 financial results with total revenue of $657.5 million, up 5.8% year-over-year. The company's performance was marked by strong growth across segments, with Casinos & Resorts revenue increasing 14.7% to $393.3 million and North America Interactive revenue rising 21.5% to $56.5 million.
Key developments include a landmark agreement where Intralot S.A. will acquire Bally's International Interactive business for €2.7 billion, making Bally's the majority shareholder of Intralot. The company also made a strategic AUD $200 million investment in Star Entertainment Group and continues progress on its Chicago gaming resort construction and proposed $4 billion Bronx casino project.
Bally's Corporation (NYSE: BALY) has scheduled the release of its Q2 2025 financial results for Monday, August 11, 2025, after market close. The results will cover the quarter ended June 30, 2025.
Intralot S.A. (ATSE: INLOT) has announced a landmark agreement to acquire Bally's Corporation's (NYSE: BALY) International Interactive business in a cash-and-shares transaction valued at €2.7 billion. The deal structure includes €1.530 billion in cash consideration and €1.136 billion in newly issued Intralot shares (873,707,073 shares at €1.30 per share).
To finance the transaction, Intralot has secured commitments for debt financing up to €1.6 billion from Citizens Bank, Deutsche Bank, Goldman Sachs, and Jefferies, and plans to launch a €400 million share capital increase. Bally's will become Intralot's majority shareholder post-transaction, while founder Sokratis Kokkalis will maintain a significant stake.
The combined entity will emerge as a leading digital gaming operator and technology provider for lottery products, with operations across Europe and North America. The transaction, expected to close in Q4 2025, will create a company with €1.1 billion in revenues, approximately 38% pre-synergies EBITDA margin, and over €1.4 billion in contracted lottery revenue through 2029.
Post-transaction, Robeson Reeves, Bally's current CEO, will become Intralot's CEO, while Nikolaos Nikolakopoulos will serve as President and CEO of the Lotteries division, and Chrysostomos Sfatos as CFO.
Hasbro (NYSE:HAS) has announced new multi-year casino licensing partnerships with Aristocrat Technologies, Evolution, Galaxy Gaming, and Bally's, joining existing licensee Sciplay. The partnerships, set to launch in January 2026, align with Hasbro's "Playing to Win" strategy announced in February 2025.
The partnerships will expand Hasbro's nearly 30-year presence in the gambling sector through various formats: Aristocrat Technologies will develop land-based slot machines featuring MONOPOLY; Evolution will create online slots and live casino games with MONOPOLY and Hasbro Games; Galaxy Gaming will produce casino table games incorporating MONOPOLY, YAHTZEE, and BATTLESHIP; and Bally's will operate online casino games featuring MONOPOLY.
This strategic expansion aims to reimagine Hasbro's iconic brands for adult audiences across physical and digital gambling platforms, including land-based gaming slots, online gaming slots, casino table games, and online casinos.
Bally's Corporation (NYSE: BALY) has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, after the market closes. The earnings report will cover the company's financial performance for the period ending March 31, 2025.
Bally's (NYSE: BALY) reported Q4 2024 financial results, showing company-wide revenue of $580.4 million, down 5.1% year over year. The company's segments performed variably:
- Casinos & Resorts revenue declined 5.2% to $324.4 million
- International Interactive revenue fell 9.1% to $214.5 million, though UK online revenue grew 11.3%
- North America Interactive revenue increased 24.4% to $41.5 million
Notable developments include groundbreaking of the permanent Chicago casino, completion of Tropicana Las Vegas demolition, and acquisition of Queen Casino & Entertainment's four properties, which generated Q4 revenue of $57.6 million. The company faces challenges in Chicago Temporary Casino performance and Rhode Island visitation due to bridge construction, while showing strength in markets like Kansas City with its new high-limit room.
Bally's (NYSE: BALY) has completed its merger with The Queen Casino & Entertainment, resulting in Queen shareholders receiving 30.5 million shares. The company paid cash consideration of $18.25 per share to holders of 22.8 million outstanding shares, financed through $500 million in senior secured notes and available funds.
Following the transaction, 17.9 million shareholders retained their stock through rollover election, bringing the total outstanding shares to 48.4 million. Additionally, warrants for 11.6 million shares remain outstanding. The company now operates 19 casinos across 11 U.S. states, including a golf course in New York and a horse racetrack in Colorado.
Two properties, Belle of Baton Rouge and Casino Queen Marquette, are undergoing land-side conversions expected to complete in 2025. Bally's maintains online sports betting licenses in 13 North American jurisdictions and operates Bally Bet and Bally Casino platforms.
