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Bally's Posts Mixed Q4, Cancels Earnings Call as Shares Plummet

Bally's Posts Mixed Q4, Cancels Earnings Call as Shares Plummet

Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares PlummetBally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period f

31like·0comment03-18
Bally’s Steps in with AU$250M Offer to Help Star Entertainment

Bally’s Steps in with AU$250M Offer to Help Star Entertainment

Bally’s Steps in with AU$250M Offer to Help Star EntertainmentShortly after announcing an agreement to sell half of the shares of its recently opened Brisbane casino at Queens’ Wharf, Australia’s troubled casino and entertainment operator, Star Entertainment, announced it has received a cash injecti

26like·0comment03-18
Bally’s Corporation Highlights Commitment to Safer Gambling

Bally’s Corporation Highlights Commitment to Safer Gambling

Bally’s Corporation Highlights Commitment to Safer GamblingBally’s Corporation has unveiled a new initiative for Problem Gambling Awareness Month (PGAM), highlighting its desire to offer gambling safely and responsibly. The campaign aligns with other similar PGAM efforts to promote safer gambling an

32like·0comment03-18
The Star considering unsolicited funding proposal from Bally’s Corporation

The Star considering unsolicited funding proposal from Bally’s Corporation

The Star has also announced an agreement to dispose of itsstake in Destination BrisbanAustralia.-The Star Entertainment Grouphas announced that it has received an unsolicited, non-binding proposal for additional funding from Bally’s Corporation. The proposal includes a capital increase of at least A

24like·0comment03-18
Bally’s Corporation joins Star Entertainment scramble in Australia

Bally’s Corporation joins Star Entertainment scramble in Australia

An American casino operator controlled by a New York hedge fund has joined the opportunists sniffing around embattled Star Entertainment Group, which is on its last legs and desperately seeking a capital injection to avoid administration.The Australian Financial Review can reveal Bally’s Corporation

22like·0comment02-21
Louisiana Gaming Control Board approves casino merger

Louisiana Gaming Control Board approves casino merger

The Louisiana Gaming Control Board has approved petitions from multiple casino operators seeking approval for new institutional investors and a proposed merger agreement involving Bally’s Corporation.Premier Entertainment Shreveport, LLC, which operates Bally’s Shreveport Casino & Hotel, along w

27like·0comment02-06
Bally’s campaign donates $12,500 to American Cancer Society to fight breast cancer

Bally’s campaign donates $12,500 to American Cancer Society to fight breast cancer

Bally’s Corporation’s Pink Your Drinkcampaign in October raised $12,500 for the American Cancer Society’s mission to end breast cancer.Throughout the month, Bally’s, in partnership with Teremana Tequila, Cointreau, and American Beverage Marketers, featured two specially crafted beverages, the Pink Y

27like·0comment2024-11-07
Bally’s UK online revenue increases by almost 12% YoY in Q3

Bally’s UK online revenue increases by almost 12% YoY in Q3

Bally’s Corporation has reported growth for its UK and North American online operations in the third quarter of 2024, but a year-over-year decline in overall revenue and International Interactive revenue.UK online revenues in Q3 rose by almost 12% compared to the same period the previous year. Still

29like·0comment2024-11-07
Bally’s to sell Asia interactive business to management-led company

Bally’s to sell Asia interactive business to management-led company

U.S. gaming operator Bally’s Corporation has entered into an agreement to sell its interactive business in Asia and certain other international markets to company owned by members of its management in a move analysts suggest is likely designed to reduce exposure to grey markets. The Asia interactive

0like·0comment2024-11-04
Bally’s to sell Asia interactive business to focus on North America and Europe

Bally’s to sell Asia interactive business to focus on North America and Europe

Cloud hosting provider Internet Vikings has moved to expand its offering with the launch of its new flexible cloud offering, which focuses on enabling customers to scale their cloud infrastructure.The offering looks to bolster US market growth for operators hoping to expand and scale efficiently. As

0like·0comment2024-11-04
G2E: Consolidating data from many departments a challenge, but imperative

G2E: Consolidating data from many departments a challenge, but imperative

Imagine acquiring 11 different casinos recently, but each has a different set of systems from multiple vendors collecting data from slots machines, cash registers, hotel desks, and showrooms. How can you unify these products, so your marketing team can successfully use that disparate data to please

0like·0comment2024-10-11

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