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Tag Archives: Bally’s Corporation

US – Bally’s Corporation gets online betting licence for New York

Bally’s Corporation has been awarded one of nine licences to conduct online sports betting in the State of New York. With New York’s major professional sports franchises consisting of some of the most storied teams in all of sports, as well as a diverse base of devoted sports fans, this licence provides Bally’s with significant…

US – Bally’s completes purchase of Jumer’s Casino from Delaware North

Bally’s Corporation has completed the previously announced acquisition of Jumer’s Casino & Hotel from Delaware North Companies Gaming & Entertainment for $120m, which the company funded using available borrowings under its revolving credit facility. George Papanier, President and Chief Executive Officer of Bally’s Corporation, said: “As the latest step in our ongoing portfolio diversification strategy,…

US – Bally’s pens first professional sports league partnership with NHL

Bally’s Corporation and the National Hockey League (NHL) has announced the formation of a multiyear strategic partnership designating Bally’s as an Official Sports Betting Partner of the NHL. The deal represents Bally’s first sports betting partnership with a professional sports league. The partnership provides Bally’s with rights to use NHL marks and logos as well…

US – Bally’s Corporation moves into fantasy sports with Monkey Knife Fight acquisition

Land-based casino operator Bally’s Corporation has entered into a definitive agreement to buy Monkey Knife Fight, the award-winning, fastest-growing gaming platform and third-largest daily fantasy sports operator in North America. The all-stock transaction makes Bally’s just the third sports betting company in the US to have a fantasy sports segment. In 2020, MKF, which offers…

US – Bally’s partners with Ira Lubert for Cat 4 Pennsylvania casino

Bally’s Corporation has signed a framework agreement with Ira Lubert to jointly design, develop, construct and manage a Category 4 licensed casino. The Pennsylvania Gaming Control Board recently awarded Mr. Lubert the right to apply for a Category 4 slot machine license for a casino to be located within a 15-mile radius of Unionville Borough,…

US – Bally’s completes its move for Eldorado Resort Casino Shreveport

Bally’s Corporation has completed the previously announced acquisition of Eldorado Resort Casino Shreveport from Caesars Entertainment for $140m, subject to customary adjustments, and was funded with cash on hand and available borrowings under the Company’s revolving credit facility. “Eldorado Shreveport represents the latest step in our ongoing portfolio diversification strategy, expanding our rapidly growing geographic…

US – Bally’s Atlantic City opens FanDuel Sportsbook

Bally’s Corporation and FanDuel Group have opened the FanDuel Sportsbook at Bally’s – Atlantic City Hotel & Casino. This temporary sportsbook, which will utilize FanDuel’s proprietary risk and trading technology that leverages the IGT PlaySports platform, is the first retail sports betting operation for FanDuel in Atlantic City. The FanDuel Sportsbook will initially feature six…

US – Bally’s partners with Elite Casino Resorts to launch mobile sportsbook in Iowa

The newly formed Bally’s Corporation, previously Twin River Holdings, has entered into a multi-year market access partnership with Elite Casino Resorts, allowing sports fans in Iowa access to mobile sports betting licensed by Elite’s Grand Falls Casino and Golf Resort, located in Larchwood, Iowa. This partnership follows Bally’s recently-announced agreement to acquire preeminent US regulated…