Tag Archives: Bally’s
US – Chicago Mayor listens to five casino blueprints from three companies
Three casino groups have presented five blueprints for a Chicago casino to Mayor Lori Lightfoot’s review team with Bally’s, Rush Street Gaming and Hard Rock International all in the running. The selected operator will need their plans to be financially viable, architecturally stunning and be underpinned by the principles of inclusion and equity. Mayor Lightfoot said of the entrants: “They…
US – Bally’s pens first partnership with NHL franchise
The Nashville Predators and Bally’s has entered into a partnership designating Bally’s as an Official Sports Betting Partner and the Official Free-to-Play Partner of the Nashville Predators and Bridgestone Arena. The partnership, which runs through 2025, will grant Nashville Predators intellectual property rights to Bally’s, as well as provide Bally’s with access to team logos,…
US – Bally’s completes Gamesys acquisition
Following the receipt of all necessary regulatory requirements and shareholder approvals, Bally’s has completed its previously announced combination with Gamesys Group. With the closing of the transaction, former Gamesys CEO Lee Fenton will now serve as Bally’s CEO. Additionally, former Bally’s CEO George Papanier will assume the role of President, Retail, for Bally’s land-based casino…
Bally’s: Operation Next Gen
A year ago, the Bally’s name languished in Caesars Entertainment’s vaults. Since then, Twin River has purchased the brand and a roster of casino operations, sports betting deals, sports sponsorship, esports and online gaming companies that have become part of the Bally’s portfolio. It’s fair to say that the level of investment over the last…
US – Bally’s acquires real-time audience engagement solutions provider
Bally’s has acquired Telescope, a provider of real-time audience engagement solutions for live events, gamified second screen experiences and interactive livestreams. Telescope’s products and services will amplify the Bally’s Interactive, Bally Bet and Bally Sports brands, enabling viewers and players to have an integrated experience that allows them to engage on a multitude of platforms…
US – Bally’s anticipates Q2 revenues between $258m-$268m
Bally’s has provided preliminary unaudited financial results for the three-month period ending June 30. Bally’s estimates that total consolidated revenue will be in the range of $258 to $268m for the three-month period ending June 30, 2021, with adjusted EBITDA in the range of $80 to $84m. This is compared to total consolidated revenue of…
US – Bally’s and Gamesys secure shareholder approval for business combination
Bally’s and Gamesys have announced that each company has obtained the requisite votes for all shareholder approvals related to the proposed business combination. Closing of the transaction, which is subject to customary conditions including regulatory approval, is expected to take place during the fourth quarter of 2021. “We are very pleased to have received our…
US – Bally’s seeks to ‘transform fan engagement’ through 2.0 gamification of combat sports
Bally’s and Oscar de la Hoya’s KO Entertainment, a subsidiary of boxing promotion company Golden Boy Promotions, have entered a strategic relationship that aims to transform fan engagement. To unveil the initiative, the companies will broadcast a pilot of “Oscar de la Hoya’s KO Entertainment Presents Bally’s Fight Night” — a reimagining of how the…
UK – Bally’s and Gamesys confirm terms of combination
The boards of Bally’s and Jackpotjoy parent Gamesys have agreed upon the definitive terms of the combination and completed reciprocal due diligence. Bally’s and Gamesys’ boards of directors believe that the combination has a compelling strategic and financial rationale, would create long-term value for both companies and would be consistent with the companies’ respective long-term…
