Bally's Corporation: Still Trading At An Unjustifiable Premium After Possible Star Takeover |
Bally's remains overleveraged with a debt/EBITDA ratio of 11.3x, despite recent financing and the Star Entertainment deal reducing upfront capital needs. Q1 results showed mixed performance: declining casino and international revenues, modest North America iGaming growth, and continued negative operating cash flow. The Star Entertainment acquisition could provide international expansion, but consolidated EV/EBITDA remains high at 17.9x—well above industry peers and the sector median. |
seekingalpha.com |
2025-05-16 03:48:12 |
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Is Bally's Turnaround a Safe Bet Amid Mixed Investor Sentiment? |
It's been a mostly bullish earnings season for casino stocks with names like MGM Resorts International NYSE: MGM and Las Vegas Sands Corp. NYSE: LVS having posted solid earnings. But the third time wasn't a charm for Bally's Corp. NYSE: BALY. |
marketbeat.com |
2025-05-15 12:15:15 |
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Bally's Corporation Announces First Quarter 2025 Results |
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) (“Bally's” or the “Company”) today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 and Recent Highlights Completed previously announced transactions with Standard General and The Queen Casino & Entertainment (“Queen”) Company-wide revenue of $589.2 million, a decrease of 4.7% year over year Casinos & Resorts revenue of $351.2 million, up 2.6% year over year U.K. online revenue g. |
businesswire.com |
2025-05-12 20:57:00 |
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Unlocking Q1 Potential of Bally's (BALY): Exploring Wall Street Estimates for Key Metrics |
Evaluate the expected performance of Bally's (BALY) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2025-05-09 14:20:47 |
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Bally's Corporation to Report 2025 First Quarter Results After Market Close on May 12 |
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release its financial results for the first quarter ended March 31, 2025 after the market closes on Monday, May 12, 2025. About Bally's Corporation Bally's Corporation (NYSE: BALY) is a global casino-entertainment company with a growing omni-channel presence. Bally's owns and operates 19 casinos across 11 states, along with a golf course in New York and a horse racetrack in Colorado, and holds OSB l. |
businesswire.com |
2025-05-07 20:50:00 |
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What Makes Bally's (BALY) a New Strong Buy Stock |
Bally's (BALY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-05-07 17:00:46 |
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Will Bally's (BALY) Report Negative Q1 Earnings? What You Should Know |
Bally's (BALY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:07:17 |
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New Strong Buy Stocks for April 22nd |
DPMLF, PAM, MTAL, HRTX and BALY have been added to the Zacks Rank #1 (Strong Buy) List on April 22, 2025. |
zacks.com |
2025-04-22 12:25:35 |
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Are Consumer Discretionary Stocks Lagging Bally's (BALY) This Year? |
Here is how Bally's (BALY) and Colruyt SA Unsponsored ADR (CUYTY) have performed compared to their sector so far this year. |
zacks.com |
2025-04-18 14:45:57 |
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Bally's Corporation enters into a binding agreement with The Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt |
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 $300 million (approximately USD $187 million 1) (the "Transaction"). |
prnewswire.com |
2025-04-07 11:35:00 |
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Bally's Corporation: All In |
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 suggesting a 'sell' rating with at least 20% downside. |
seekingalpha.com |
2025-04-05 12:06:31 |
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Bally's Appoints New Executive VP and Chief Financial Officer |
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. |
prnewswire.com |
2025-03-11 18:05:00 |
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Bally's Corporation Announces Fourth Quarter and Full Year 2024 Results |
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 overall International Interactive revenue declined 9.1% year over year to $214.5 million North Ame. |
businesswire.com |
2025-03-05 18:15:00 |
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GREATER GOOD CHARITIES AND BALLY BET ANNOUNCE THE SUCCESS OF THE INAUGURAL MILLION MEALS CAMPAIGN TO HELP FEED SHELTER PETS |
Football Fans and Pet Lovers Engaged on Social During Football Season to Support Efforts Football Fans and Pet Lovers Engaged on Social During Football Season to Support Efforts |
globenewswire.com |
2025-03-04 11:23:00 |
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Bally's to Report Fourth Quarter and Full-Year 2024 Results on March 5, 2025 |
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 BALYQ424. An online audio webcast of the conference call will be available via the Investor Relations sec. |
businesswire.com |
2025-02-20 17:00:00 |
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Bally's Corporation Completes Transactions With Standard General and The Queen Casino & Entertainment |
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 to the terms of the merger agreement, Bally's and Queen combined, with Queen shareholders receiving. |
businesswire.com |
2025-02-07 11:21:00 |
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Despite Fast-paced Momentum, Bally's (BALY) Is Still a Bargain Stock |
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Bally's (BALY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2025-01-28 11:56:38 |
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Bally's Corporation Announces Completion of Second Rollover Election Period |
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 and Plan of Merger, dated as of July 25, 2024 (as amended, the “Merger Agreement”), by and among SG Pare. |
businesswire.com |
2025-01-21 09:30:00 |
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Powell Plays Grinch |
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%. |
seekingalpha.com |
2024-12-22 11:00:00 |
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Bally's Corporation Announces New Rollover Election Period |
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced the opening of a new election period for holders of shares of Bally's common stock, par value $0.01 per share, to submit an election (a “Rolling Share Election”) to have such shares remain outstanding following the completion of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 25, 2024 (as amended, the “Merger Agreement”), by and am. |
businesswire.com |
2024-12-11 18:30:00 |
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New Strong Sell Stocks for December 10th |
BALY, ENPH and ICLR have been added to the Zacks Rank #5 (Strong Sell) List on December 10, 2024. |
zacks.com |
2024-12-10 10:11:32 |
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New Strong Sell Stocks for November 29th |
BALY, BAX and CENTA have been added to the Zacks Rank #5 (Strong Sell) List on November 29, 2024. |
zacks.com |
2024-11-29 08:20:33 |
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BALY Receives Shareholders' Nod for the Queen Casino Buyout |
Bally's merger with The Queen Casino paves a path for geographic diversity and market opportunities for enhanced revenues and long-term value creation. |
zacks.com |
2024-11-20 12:26:48 |
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Bally's Corporation Stockholders Approve Merger Agreement With Affiliate of Standard General L.P. |
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) (“Bally's” or the “Company”) announced that at its Special Meeting of Stockholders held on November 19, 2024, its stockholders, including its unaffiliated stockholders, approved the adoption of its previously announced definitive merger agreement with The Queen Casino & Entertainment Inc. (“Queen”), a portfolio company majority-owned by the Company's largest stockholder, Standard General L.P. At the Special Meeting, the Com. |
businesswire.com |
2024-11-19 18:59:00 |
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New Strong Sell Stocks for November 18th |
ATI, BALY and KOF have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024. |
zacks.com |
2024-11-18 07:05:18 |
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BALLY'S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bally's Corporation - BALY |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bally's Corporation (NYSE: BALY) to Standard General L.P. Under the terms of the proposed transaction, shareholders of Bally's will receive $18.25 in cash for each share of Bally's that they own. In lieu of receiving the cash consideration, Bally's shareholders may elect to retain all or a portion of their Bal. |
businesswire.com |
2024-11-15 20:06:00 |
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Bally's (BALY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Bally's (BALY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-11-06 22:05:45 |
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Bally's Corporation (BALY) Reports Q3 Loss, Misses Revenue Estimates |
Bally's Corporation (BALY) came out with a quarterly loss of $1.99 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $1.15 per share a year ago. |
zacks.com |
2024-11-06 21:00:49 |
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Bally's Corporation (BALY) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release |
Bally's (BALY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-30 13:06:54 |
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Bally's to Report Third Quarter 2024 Results on November 6, 2024 |
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release financial results for the third quarter 2024 after market close on Wednesday, November 6, 2024. 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) 445-7795 (U.S. toll-free) and reference conference ID BALYQ324. An online audio webcast of the conference call will be available via the Investor Relations s. |
businesswire.com |
2024-10-28 12:30:00 |
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Investors Are Encouraged To Join The Schall Law Firm's Inquiry Into Bally's Corporation For Securities Related Infractions |
LOS ANGELES, CA / ACCESSWIRE / October 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-10-02 15:00:00 |
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Bally's Corporation Is Being Investigated For Possible Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out |
LOS ANGELES, CA / ACCESSWIRE / October 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-10-01 15:00:00 |
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Investors Are Invited To Join The Schall Law Firm In An Inquiry Into Bally's Corporation For Securities Related Infractions |
LOS ANGELES, CA / ACCESSWIRE / September 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-30 15:00:00 |
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Bally's Corporation Is Being Investigated For Possible Securities Fraud And The Schall Law Firm Urges Shareholder Participation |
LOS ANGELES, CA / ACCESSWIRE / September 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-29 15:00:00 |
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Investors Are Invited To Join The Schall Law Firm In An Inquiry Into Bally's Corporation For Securities Law Violations |
LOS ANGELES, CA / ACCESSWIRE / September 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-28 15:00:00 |
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Bally's Corporation Is Being Investigated For Possible Securities Fraud And The Schall Law Firm Urges Stockholder Participation |
LOS ANGELES, CA / ACCESSWIRE / September 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-27 15:00:00 |
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The Schall Law Firm Is Looking Into Whether Bally's Corporation Violated Securities Laws And Investors With Losses Should Reach Out |
LOS ANGELES, CA / ACCESSWIRE / September 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-26 15:00:00 |
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Shareholders Are Invited To Join The Schall Law Firm's Inquiry Into Bally's Corporation For Securities Fraud |
LOS ANGELES, CA / ACCESSWIRE / September 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Bally's Corporation ("Bally's" or "the Company") (NYSE:BALY) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Bally's board breached its fiduciary duties to shareholders. |
accesswire.com |
2024-09-25 15:00:00 |
Czytaj oryginał (ang.) |