Ballys Corporation Stock News

PROVIDENCE, R.I., April 7, 2025 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today announced that it has entered into a binding term sheet with The Star Entertainment Group Limited (ASX: SGR) ("The Star") comprising a multi-tranche issuance of subordinated convertible notes and subordinated debt (together the "Notes") with an aggregate principal value of AUD $30...

Bally's has seen significant growth through acquisitions, but is burdened by high debt, impacting profitability and making it a risky investment. Despite expanding into iGaming and international markets, Bally's struggles with profitability, reporting a net loss of $567.8 million in FY 2024. The company's EV/EBITDA ratio is significantly higher than industry peers, indicating overvaluation and ...

PROVIDENCE, R.I. , March 11, 2025 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that Mira Mircheva has been appointed as Executive Vice President ("EVP") and Chief Financial Officer ("CFO"), subject to regulatory approvals.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Results and Operating Highlights Company-wide revenue of $580.4 million, a decrease of 5.1% year over year Casinos & Resorts revenue of $324.4 million, down 5.2% year over year U.K. online revenue grew 11.3% while ...

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release financial results for the fourth quarter 2024 after market close on Wednesday, March 5, 2025. Management will host a conference call on the same day at 4:30 p.m. EDT to discuss results. To access the conference call, please dial (800) 274-8461 (U.S. toll-free) and reference conference ID BAL...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced that it has completed the previously announced transactions with Standard General L.P. (“Standard General”) and its affiliates including The Queen Casino & Entertainment Inc. (“Queen”), a regional casino operator majority-owned by funds managed by Standard General. Pursuant t...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced the completion of the second election period for holders of shares of Bally's common stock, par value $0.01, to submit an election (a “Rolling Share Election”) to have such shares remain outstanding following the completion of the transactions contemplated by the Agreement an...