bally's
Tropicana Las Vegas Says Final Farewell With Historic Implosion, Making Way for A’s Ballpark and Bally’s Entertainment Resort
Bally's Corporation | October 9, 2024
LAS VEGAS, Oct. 9, 2024-- In a dazzling finale that lit up the Las Vegas skyline, the legendary Tropicana Las Vegas bid farewell with a breathtaking display of fireworks and a 555-drone show, culminating in a 22-second implosion at 2:30 a.m. PT. The demolition marked the end of an era and the beginning of a new chapter for Las Vegas, paving the way for the A's state-of-the-art ballpark and a world-class entertainment resort in partnership with Bally's Corporation, a cornerstone of Vegas hospitality and gaming. "Bally's is honored to have been part of this historic moment, bidding farewell to the iconic Tropicana," said Soo Kim, ch...
Bally’s Enters Into Merger Agreement With Affiliates of Standard General L.P.
Bally’s Corporation | July 25, 2024
Bally’s Stockholders to Receive $18.25 per Share in Cash, Representing a 71% Premium to the Company’s 30-day Volume Weighted Average Price Prior to the Initial Standard General Proposal Bally’s Special Committee Unanimously Recommended and Board of Directors Approved the Transactions and the Per Share Cash Merger Consideration In Lieu of Receiving the Per Share Cash Merger Consideration, Bally’s Stockholders Can Elect to Remain Invested in the Company via Rollover ElectionBally’s to be Combined with The Queen Casino & Entertainment PROVIDENCE, R.I.-- Bally’s Corporation (“Bally’s” or the “Company”) (NYSE: BALY) an...
Bally’s Appoints Robeson Reeves as CEO
Bally's Corporation | February 13, 2023
PROVIDENCE, R.I., Feb. 13, 2023 -- Bally's Corporation (NYSE: BALY) today announced that Lee Fenton, CEO, will step down and Robeson Reeves, President - Interactive, will take over as CEO, effective March 31, 2023. Fenton became CEO of Bally's on October 1, 2021 following the acquisition of Gamesys Group PLC where he had been CEO since 2015. Fenton will also step down from the Bally's Board of Directors. Soo Kim, Chairman of Bally's Corporation's Board of Directors, said, "On behalf of the Board of Directors, I want to thank Lee for his excellent leadership and valuable contributions to Bally's. Lee has led Bally's through the eff...
Bally’s Agrees to Sell Real Property Assets of Two Rhode Island Properties to Gaming and Leisure Properties for $1 Billion
Bally's Corporation | June 29, 2022
PROVIDENCE, R.I., June 29, 2022-- Bally's Corporation (NYSE: BALY) today announced that it has entered into a binding term sheet with GLP Capital, L.P. ("GLP"), the operating partnership of Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) ("GLPI"), to acquire the real property assets of Bally's two Rhode Island casino properties – Bally's Twin River Lincoln Casino Resort ("Lincoln") and Bally's Tiverton Casino & Hotel ("Tiverton") – subject to customary regulatory approvals, with Lincoln also subject to lender consent. Pursuant to the terms of the transaction, Bally's will immediately lease back both properties and ...
Twin River Worldwide Holdings to Acquire Three Casinos From Eldorado and Caesars
Twin River | April 27, 2020
Adds Eldorado Shreveport Resort and Casino, Mont Bleu Resort Casino & Spa and Bally's Atlantic City Hotel & Casino to Twin River's Portfolio Transactions Expected to be Immediately Accretive to Earnings Significantly Advances Ongoing Portfolio Diversification Strategy PROVIDENCE, R.I., April 27, 2020 -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) ("Twin River" or the "Company") today announced that it has entered into an agreement with Eldorado Resorts, Inc. ("Eldorado") to acquire Eldorado Shreveport Resort and Casino ("Shreveport") in Shreveport, Louisiana and the Mont Bleu Resort Casino & Spa ("Mont Bleu") in Lake Taho...
