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Tag Archives: Bally’s Corp

US – Bally’s agrees to sell real property assets of two Rhode Island properties to Gaming And Leisure Properties for $1bn

Bally’s Corporation (BALY) has announced that it has entered into a binding term sheet with GLP Capital, the operating partnership of Gaming and Leisure Properties, to acquire the real property assets of Bally’s two Rhode Island casino properties – Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel. Pursuant to the terms of the transaction, Bally’s will immediately lease back both properties and…

US – Bally’s, Hard Rock and Rivers to battle it out for Chicago casino licence

Chicago Mayor Lori E. Lightfoot has announced the City has shortlisted three bidders to progress to the next stage of the bidding process for the city’s sole casino license. Following extensive evaluations, Bally’s Corporation at the Tribune Site, Hard Rock at the ONE Central Site, and Rivers 78 at the 78 site (listed in alphabetical…

US – Bally’s names Bobby Lavan as new Chief Financial Officer

Bally’s Corporation (BALY), a global gaming, hospitality and entertainment company with a portfolio of casinos and resorts and online gaming businesses, today announced that Bobby Lavan has been appointed as Bally’s Chief Financial Officer. Steve Capp, Bally’s current Chief Financial Officer, is leaving Bally’s to pursue other interests and opportunities, and will continue to support the business through the end of April. Mr. Lavan has…

US – Bally’s Corp. hopeful of revenues of $2.4bn to $2.5bn this year

Bally’s Corporation generated revenue of $547.7m in its fourth quarter, an increase of $429.6m resulting in a net loss of $115.3m compared to net income of $20.2m for the comparable period. As well as COVID, 2021 was seen as challenging due to startup costs for new casinos, bad weather and a smoking ban introduced at its Shreveport, Louisiana, property. Lee Fenton,…

US – Bally rebrands Twin River to Bally’s Twin River Lincoln as expansion kick offs

Twin River Casino has officially has officially rebranded as Bally’s Twin River Lincoln Resort as Bally’s Corp. broke ground on a $100m expansion at the Lincoln, Rhode Island casino. The expansion project will add 40,000 square feet to the gaming floor, a 14,000 square foot spa, and an enhanced food hall area. The gaming space…

US – Bally’s Corp. rebranding turns to Mississippi with Bally’s Vicksburg Casino

Ballys Corp. has now started the relaunch of Casino Vicksburg, now rebranded to Bally’s Vicksburg Casino with a new entrance, new signage and Bally Rewards players club program. The property-wide rebrand is expected to be completed by late September and will also include new Bally’s dice, cards, gaming chips and table game layouts, while previous…

US – Sportradar and Bally’s Interactive announce US sports betting deal

Sportradar and Bally’s Interactive have announced a five-year sports betting partnership that will see Sportradar provide Bally’s Interactive with access to its complete pre-match betting services, live betting services, and content solutions portfolio. Bally’s Interactive will incorporate that data portfolio as part of its ambitious expansion plans to become a leader in the North American…

US – Bally’s Corp integrates HALo Loyalty into sports betting platform

House Advantage has integrated its HALo Loyalty platform into Bally’s Corporation sports betting platform, Bally Bet. The first-time integration creates a unified process for enrolling and extending loyalty program benefits to Bally Bet mobile bettors and is live in the Colorado and Iowa markets. The integration automates Bally Rewards and Bally Bet program enrollment, betting…

US – Bally’s criticised for not recalling workers as restrictions lift at Twin River

Workers at Twin River Casino/Bally’s in Lincoln, Rhode Island represented by General Teamsters Local Union 251 are displeased that they have not been recalled back to their jobs to date after a long layoff. After Rhode Island lifted all restrictions relative to the SARS-CoV-2 pandemic, Twin Rivers’ gaming revenue and guest capacity increased proportionally. The…