Bally's Corporation
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 Names Bobby Lavan Chief Financial Officer
Bally's Corporation | March 14, 2022
PROVIDENCE, R.I. - March 14, 2022 - Bally's Corporation (NYSE: BALY), a global gaming, hospitality and entertainment company with a portfolio of casinos and resorts and online gaming businesses, today announced that Bobby Lavan has been appointed as Bally's Chief Financial Officer. Steve Capp, Bally's current Chief Financial Officer, is leaving Bally's to pursue other interests and opportunities, and will continue to support the business through the end of April. Mr. Lavan has been Senior Vice President, Finance & Investor Relations of Bally's since May 2021. In this role, he led the acquisition, financing and integrat...
Bally’s Corporation Selects Vizergy® to Build Digital Footprint
Bally’s Corporation | August 26, 2021
Top-ranking hospitality marketing company continues to grow with the addition of marquee clients. JACKSONVILLE, FL – August 26, 2021 – Vizergy® Digital Marketing, the leading provider of digital marketing and sales for the hospitality industry, is proud to announce the addition of a new client, Bally’s Corporation (NYSE: BALY). Vizergy will work in tandem with McGuinness Media, a Rhode Island-based full service ad agency to develop and manage Bally’s websites on Vizergy’s Digital Sales & Marketing System, providing Bally’s Corporation with conversion-focused website designs and marketing programs to increase brand visibili...
Bally’s Corporation Completes Acquisition of Tropicana Evansville Casino for $140 Million
Bally's Corporation | June 7, 2021
PROVIDENCE, R.I. - June 7, 2021 - Bally's Corporation, a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it completed its acquisition of the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR). As part of the transaction, Bally's also acquired the unencumbered rights to the Evansville operations' sports betting and iGaming skins, which will provide the Company with greater access to the growing Indiana gaming market. George Papanier, President and Chief Executive Officer of Bally's Corporation, said, "The Tropicana Evansville acquisition...
Bally’s Corporation Completes Acquisition Of Eldorado Resort Casino Shreveport From Caesars
Bally's Corporation | December 23, 2020
PROVIDENCE, R.I., Dec. 23, 2020 -- Bally's Corporation (the "Company") today announced that it has completed the previously announced acquisition of Eldorado Resort Casino Shreveport from Caesars Entertainment, Inc. (NASDAQ: CZR). The total purchase price of the acquisition was $140 million, 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 footprint into the attractive Shreveport/Bossier City market," said G...
