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| logo = Bally logo.svg
| logo = Bally logo.svg
| traded_as = {{NYSE|BALY}}<br>[[Russell Microcap Index]] component
| traded_as = {{NYSE|BALY}}<br>[[Russell Microcap Index]] component
| industry = [[Gambling|Gaming]]
| industry = [[Gambling|Gaming]], Entertainment
| former_name = {{ubl|BLB Investors (2004–2011)|Twin River Worldwide Holdings (2011–2020)}}
| former_name = {{ubl|BLB Investors (2004–2011)|Twin River Worldwide Holdings (2011–2020)}}
| predecessor = [[Bally Manufacturing]] (via brand acquisition)
| predecessor = [[Bally Manufacturing]] (via brand acquisition)
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| revenue = $372.8 million<ref name=financials>{{cite report|title=Form 10-K: Annual Report|publisher=Bally's Corporation|date=March 10, 2021|pages=54-55|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000071/baly-20201231.htm#i53f33928337346ea87f3239a0979c479_76|via=EDGAR}}</ref>
| revenue = $372.8 million<ref name=financials>{{cite report|title=Form 10-K: Annual Report|publisher=Bally's Corporation|date=March 10, 2021|pages=54-55|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000071/baly-20201231.htm#i53f33928337346ea87f3239a0979c479_76|via=EDGAR}}</ref>
| revenue_year = 2020
| revenue_year = 2020
| net_income = $−5.5 million<ref name=financials />
| net_income =
| net_income_year = 2020
| net_income_year =
| assets = $1.93 billion<ref name=financials />
| assets = $1.93 billion<ref name=financials />
| assets_year = 2020
| assets_year = 2020
| equity = $326.6 million<ref name=financials />
| equity = $326.6 million<ref name=financials />
| equity_year = 2020
| equity_year = 2020
| owners = [[Standard General]] (38%)<ref>{{cite report|title=Schedule 14A: Proxy Statement|publisher=Twin River Worldwide Holdings|date=April 6, 2020|page=14|url=https://www.sec.gov/Archives/edgar/data/1747079/000174707920000053/a2020proxy.htm#ic330ec7837174b7e8fef498b1abed4e1_182|via=EDGAR}}</ref>
| owners = [[Standard General]]<ref>{{cite report|title=Schedule 14A: Proxy Statement|publisher=Twin River Worldwide Holdings|date=April 6, 2020|page=14|url=https://www.sec.gov/Archives/edgar/data/1747079/000174707920000053/a2020proxy.htm#ic330ec7837174b7e8fef498b1abed4e1_182|via=EDGAR}}</ref>
| num_employees = 5,455<ref>{{cite report|title=Form 10-K: Annual Report|publisher=Bally's Corporation|date=March 10, 2021|page=10|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000071/baly-20201231.htm|via=EDGAR}}</ref>
| num_employees = 6,000+<ref>{{cite report|title=Form 10-Q: Quarterly Report|publisher=Bally's Corporation|date=March 31, 2021|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000111/baly-20210331.htm|via=EDGAR}}</ref>
| num_employees_year = 2020
| num_employees_year = 2021
| website = {{URL|ballys.com}}
| website = {{URL|ballys.com}}
}}
}}
'''Bally's Corporation''' is an American [[gambling|gaming]] and interactive entertainment company headquartered in [[Providence, Rhode Island]]. It owns and operates 12 casinos across eight states, a horse racetrack and 13 authorized [[Off-track betting|OTB]] licenses in Colorado.<ref name="properties">{{cite report|title=Form 10-Q: Quarterly Report|publisher=Bally's Corporation|date=May 10, 2021|pages=8|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000111/baly-20210331.htm|via=EDGAR}}</ref> Bally’s also maintains a partnership with Elite Casino Resorts through which it provides mobile sports betting in Iowa, as well as a temporary sports wagering permit to conduct online sports betting in Virginia.<ref name="ordine">{{cite web |url=https://www.gambling.com/news/us/bally-s-launches-its-mobile-sports-betting-app-in-colorado-2542500 |title=Bally’s Launches its Mobile Sports Betting App in Colorado |last=Bill |first=Ordine |date=25 May 2021 |website=Gambling.com |access-date=25 June 2021}}</ref>
'''Bally's Corporation''' is a [[gambling|gaming]] and interactive entertainment company headquartered in [[Providence, Rhode Island]]. It owns and operates 13 casinos across nine states, a horse racetrack and 13 authorized [[Off-track betting|OTB]] licenses in Colorado.<ref name="properties">{{cite report|title=Form 10-Q: Quarterly Report|publisher=Bally's Corporation|date=May 10, 2021|pages=8|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1747079/000174707921000111/baly-20210331.htm|via=EDGAR}}</ref> Bally’s also maintains a partnership with Elite Casino Resorts through which it provides mobile sports betting in Iowa, as well as a temporary sports wagering permit to conduct online sports betting in Virginia.<ref name="ordine">{{cite web |url=https://www.gambling.com/news/us/bally-s-launches-its-mobile-sports-betting-app-in-colorado-2542500 |title=Bally’s Launches its Mobile Sports Betting App in Colorado |last=Bill |first=Ordine |date=25 May 2021 |website=Gambling.com |access-date=25 June 2021}}</ref>


The company was founded in 2004 as '''BLB Investors'''. It eventually changed its name to '''Twin River Worldwide Holdings'''. In 2020, the company acquired the rights to the Bally's brand and associated trademarks from Caesars Entertainment. The company then changed its name to Bally's Corporation and its NYSE ticker symbol to BALY.<ref name="cb">[https://www.casinobeats.com/2020/11/10/twin-river-finalises-ballys-rebrand-and-ticker-change/ "Twin River finalises Bally’s rebrand and ticker change,"] Casino Beats, November 10, 2020.</ref>
The company was founded in 2004 as '''BLB Investors'''. It eventually changed its name to '''Twin River Worldwide Holdings'''. In 2020, the company acquired the rights to the Bally's brand and associated trademarks from Caesars Entertainment. The company then changed its name to Bally's Corporation and its NYSE ticker symbol to BALY.<ref name="cb">[https://www.casinobeats.com/2020/11/10/twin-river-finalises-ballys-rebrand-and-ticker-change/ "Twin River finalises Bally’s rebrand and ticker change,"] Casino Beats, November 10, 2020.</ref>
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In January 2021, Bally's partnered with developer Ira Lubert in a plan to build a $120-million casino in [[State College, Pennsylvania]].<ref>{{cite news|title=Bally's to open casino near Penn State's main campus|work=The Patriot-News|location=Harrisburg, PA|date=January 4, 2021|author=Daniel Urie|url=https://www.pennlive.com/life/2021/01/ballys-to-open-casino-near-penn-states-main-campus.html|accessdate=2021-01-04}}</ref> The next month, the company announced another proposed casino development, Bally's Richmond, which would be built in [[Richmond, Virginia]], at a cost of $650 million;<ref>{{cite news|title=Bally's Corporation joins the competition to build a resort casino in Richmond|work=WRIC-TV|date=February 22, 2021|author=Emma North|url=https://www.wric.com/business/ballys-corporation-joins-the-competition-to-build-a-resort-casino-in-richmond/|accessdate=2021-03-27}}</ref> the proposal was rejected by the city.<ref>{{cite news|title=Richmond casino proposals down to 2|work=Richmond Times-Dispatch|date=April 21, 2021|author=Chris Suarez|url=https://richmond.com/news/local/richmond-casino-proposals-down-to-2-city-strikes-ballys-stratford-hills-proposals-from-project-shortlist/article_de7abf8f-6fe8-556d-80d6-c37633d82a2d.html|access-date=2021-05-15}}</ref>
In January 2021, Bally's partnered with developer Ira Lubert in a plan to build a $120-million casino in [[State College, Pennsylvania]].<ref>{{cite news|title=Bally's to open casino near Penn State's main campus|work=The Patriot-News|location=Harrisburg, PA|date=January 4, 2021|author=Daniel Urie|url=https://www.pennlive.com/life/2021/01/ballys-to-open-casino-near-penn-states-main-campus.html|accessdate=2021-01-04}}</ref> The next month, the company announced another proposed casino development, Bally's Richmond, which would be built in [[Richmond, Virginia]], at a cost of $650 million;<ref>{{cite news|title=Bally's Corporation joins the competition to build a resort casino in Richmond|work=WRIC-TV|date=February 22, 2021|author=Emma North|url=https://www.wric.com/business/ballys-corporation-joins-the-competition-to-build-a-resort-casino-in-richmond/|accessdate=2021-03-27}}</ref> the proposal was rejected by the city.<ref>{{cite news|title=Richmond casino proposals down to 2|work=Richmond Times-Dispatch|date=April 21, 2021|author=Chris Suarez|url=https://richmond.com/news/local/richmond-casino-proposals-down-to-2-city-strikes-ballys-stratford-hills-proposals-from-project-shortlist/article_de7abf8f-6fe8-556d-80d6-c37633d82a2d.html|access-date=2021-05-15}}</ref>


In April 2021, Bally's agreed to purchase the [[Tropicana Las Vegas]] from [[Gaming and Leisure Properties, Inc.|Gaming and Leisure Properties]]. The deal is valued at approximately $308 million.<ref>{{Cite web|date=2021-04-13|title=Bally's buying Tropicana hotel on Las Vegas Strip for $308M|url=https://www.foxbusiness.com/lifestyle/ballys-buying-tropicana-hotel-on-las-vegas-strip-for-308m|access-date=2021-04-14|website=Associated Press|language=en-US}}</ref> Bally's also entered a [[sale-and-leaseback]] deal with GLPI for the three Black Hawk casinos and Jumer's, agreeing to sell them for $150 million and lease them back for $12 million per year.<ref>{{cite press release|title=Bally's to acquire Tropicana Las Vegas Hotel And Casino|publisher=Bally's Corporation|date=April 13, 2021|url=https://www.prnewswire.com/news-releases/ballys-to-acquire-tropicana-las-vegas-hotel-and-casino-301267301.html|via=PR Newswire|access-date=2021-05-15}}</ref>
In April 2021, Bally's agreed to purchase the [[Tropicana Las Vegas]] from [[Gaming and Leisure Properties, Inc.|Gaming and Leisure Properties]]. The deal is valued at approximately $308 million.<ref>{{Cite web|date=2021-04-13|title=Bally's buying Tropicana hotel on Las Vegas Strip for $308M|url=https://www.foxbusiness.com/lifestyle/ballys-buying-tropicana-hotel-on-las-vegas-strip-for-308m|access-date=2021-04-14|website=Associated Press|language=en-US}}</ref><ref>{{cite press release|title=Bally's to acquire Tropicana Las Vegas Hotel And Casino|publisher=Bally's Corporation|date=April 13, 2021|url=https://www.prnewswire.com/news-releases/ballys-to-acquire-tropicana-las-vegas-hotel-and-casino-301267301.html|via=PR Newswire|access-date=2021-05-15}}</ref>


In June 2021, Bally's purchased the operating business of [[Tropicana Evansville]] in Indiana from Caesars for $140 million.<ref name=ballys20210604>{{cite press release|title=Bally's Corporation completes acquisition of Tropicana Evansville casino|publisher=Bally's Corporation|date=June 4, 2021|url=https://www.prnewswire.com/news-releases/ballys-corporation-completes-acquisition-of-tropicana-evansville-casino-301305849.html|access-date=2021-06-06}}</ref> To fund the purchase, the real estate of Dover Downs was sold to GLP for $144 million in a leaseback transaction.<ref name=ballys20210604 /><ref>{{cite news|title=Gaming and Leisure completes acquisition of casinos in Indiana and Delaware |work=Reading Eagle|author=Evan Jones|date=June 4, 2021|url=https://www.readingeagle.com/money/gaming-and-leisure-completes-acquisition-of-casinos-in-indiana-and-delaware/article_137b9d68-c54a-11eb-9675-03d953efc43d.html|access-date=2021-06-06}}</ref>
In June 2021, Bally's purchased the operating business of [[Tropicana Evansville]] in Indiana from Caesars for $140 million.<ref name=ballys20210604>{{cite press release|title=Bally's Corporation completes acquisition of Tropicana Evansville casino|publisher=Bally's Corporation|date=June 4, 2021|url=https://www.prnewswire.com/news-releases/ballys-corporation-completes-acquisition-of-tropicana-evansville-casino-301305849.html|access-date=2021-06-06}}</ref> To fund the purchase, the real estate of Dover Downs was sold to GLP for $144 million in a leaseback transaction.<ref name=ballys20210604 /><ref>{{cite news|title=Gaming and Leisure completes acquisition of casinos in Indiana and Delaware |work=Reading Eagle|author=Evan Jones|date=June 4, 2021|url=https://www.readingeagle.com/money/gaming-and-leisure-completes-acquisition-of-casinos-in-indiana-and-delaware/article_137b9d68-c54a-11eb-9675-03d953efc43d.html|access-date=2021-06-06}}</ref>
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==Properties==
==Properties==
The company operates fourteen properties:
The company owns and operates thirteen casino properties and a horse track:


* [[Arapahoe Park]] — [[Aurora, Colorado]]
* [[Arapahoe Park]] — [[Aurora, Colorado]]

Revision as of 14:06, 1 July 2021

This article is about the current gaming company. For the current slot machine manufacturer, see Bally Technologies. For the original company, see Bally Manufacturing. For the regional sports networks, see Bally Sports.
Bally's Corporation
Formerly
  • BLB Investors (2004–2011)
  • Twin River Worldwide Holdings (2011–2020)
NYSE: BALY
Russell Microcap Index component
IndustryGaming, Entertainment
PredecessorBally Manufacturing (via brand acquisition)
Founded2004
Headquarters
Providence, Rhode Island[1]
,
U.S.
Key people
Revenue$372.8 million[2] (2020)
Total assets$1.93 billion[2] (2020)
Total equity$326.6 million[2] (2020)
OwnersStandard General[3]
Number of employees
6,000+[4] (2021)
Websiteballys.com

Bally's Corporation is a gaming and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 13 casinos across nine states, a horse racetrack and 13 authorized OTB licenses in Colorado.[5] Bally’s also maintains a partnership with Elite Casino Resorts through which it provides mobile sports betting in Iowa, as well as a temporary sports wagering permit to conduct online sports betting in Virginia.[6]

The company was founded in 2004 as BLB Investors. It eventually changed its name to Twin River Worldwide Holdings. In 2020, the company acquired the rights to the Bally's brand and associated trademarks from Caesars Entertainment. The company then changed its name to Bally's Corporation and its NYSE ticker symbol to BALY.[7]

History

Bally's originated as BLB Investors. BLB was formed in 2004 as a joint venture between Starwood Capital Group, Kerzner International, and the Waterford Group for the purpose of launching a bid to acquire Wembley plc.[8][9] Wembley was a British operator of racetracks in the United Kingdom and United States, whose primary asset was Lincoln Park, a Rhode Island-based greyhound track and slot machine parlor.[10] BLB ultimately acquired Wembley in February 2005, paying $435 million for Lincoln Park, plus $20 million for Wembley's other U.S. properties, comprising a horse track (Arapahoe Park) and three greyhound tracks in Colorado.[11][12] The purchase closed in July 2005.[13]

BLB undertook a $220 million expansion of Lincoln Park and, in 2007, renamed it Twin River.[14]

By 2008, as a result of the global economic recession, BLB struggled financially and began defaulting on loans related to the purchase and renovation of Twin River.[15][16] In June 2009, the company filed for Chapter 11 bankruptcy protection with a prepackaged plan to hand over ownership to a syndicate of creditors, including Bank of America, Wells Fargo, and Sankaty Advisors.[17][18] The company emerged from Chapter 11 in 2010, and, in 2011, changed its name to Twin River Worldwide Holdings.[19][20]

Logo of Twin River Worldwide Holdings (2011–2020)

Also in 2011, the company closed its three greyhound tracks in Colorado as interest in the sport declined.[21][22][23]

Land-based gaming expansion

In 2014, as part of its geographic expansion and diversification efforts, Twin River bought the Hard Rock Hotel & Casino Biloxi in Mississippi from Leucadia National for $250 million.[24][25][26]

In 2015, Twin River purchased Rhode Island's only other casino, the Newport Grand, for $22 million, and announced plans to relocate its operations to a new facility in Tiverton, Rhode Island.[27][28][29] The Newport Grand closed in 2018, and its replacement - the $140 million Tiverton Casino Hotel, opened days later.[30][31]

In 2016, hedge fund Standard General took an ownership stake in Twin River,[32] and its principal partner, Soo Kim, took a seat on the board. Kim went on to become Twin River's chairman in 2019, and began leading the company through a rapid expansion.[33]

In March 2019, Twin River completed a reverse merger with Dover Downs Gaming & Entertainment, the parent company of Dover Downs Hotel & Casino.[34][35] The transaction made Twin River a public company traded on the New York Stock Exchange and left Dover Downs shareholders with a 7 percent stake in the combined company.[36]

In January 2020, Twin River purchased three casinos in Black Hawk, Colorado (the Golden Gates, Golden Gulch, and Mardi Gras) from Affinity Gaming for $51 million.[37][38][39]

In April 2020, Twin River announced a deal with Caesars Entertainment and Vici Properties to purchase Bally's Atlantic City in New Jersey. That same month, Bally's agreed to purchase the Eldorado Shreveport Resort Casino in Louisiana and the MontBleu Resort Casino & Spa in Lake Tahoe, Nevada from Eldorado Resorts.[40][41][42] The Atlantic City and Shreveport acquisitions were completed later in the year.[43][44]

In July 2020, Twin River bought two casinos in Missouri and Mississippi (Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg) from Eldorado Resorts for $230 million.[45] They were renamed as Casino KC and Casino Vicksburg, respectively.

In October 2020, the company agreed to buy Jumer's Casino & Hotel in Illinois from Delaware North for $120 million.[46]

Later that month, Twin River acquired the rights to the Bally's brand and associated trademarks from Caesars for $20 million.[47] At the time, Twin River said that it would rebrand "virtually all" of its properties under the Bally's name.[48] In November 2020, the company formally changed its name to Bally's Corporation and its NYSE ticker symbol to BALY.[7]

In January 2021, Bally's partnered with developer Ira Lubert in a plan to build a $120-million casino in State College, Pennsylvania.[49] The next month, the company announced another proposed casino development, Bally's Richmond, which would be built in Richmond, Virginia, at a cost of $650 million;[50] the proposal was rejected by the city.[51]

In April 2021, Bally's agreed to purchase the Tropicana Las Vegas from Gaming and Leisure Properties. The deal is valued at approximately $308 million.[52][53]

In June 2021, Bally's purchased the operating business of Tropicana Evansville in Indiana from Caesars for $140 million.[54] To fund the purchase, the real estate of Dover Downs was sold to GLP for $144 million in a leaseback transaction.[54][55]

Interactive gaming expansion

In November 2020, Bally's acquired the sports betting platform provider Bet.Works for $125 million (the deal closed in June 2021),[56][57] and reached a long-term strategic media partnership with Sinclair Broadcast Group. The agreement included, among other things, warrants that would allow Sinclair to acquire up to a 15% stake in Bally's.[58] In January 2021, Sinclair officially rebranded its 19 regional sports networks as Bally Sports.[59][60]

In 2021, Bally's made several deals to expand its online, interactive gaming and sports betting business. In February, it acquired SportCaller, a provider of free-to-play online games.[61] The next month, the company acquired Monkey Knife Fight, the third-largest daily fantasy sports operator in the U.S., for up to $90 million in stock.[62][63] It also announced a preliminary agreement to buy Gamesys Group, a British online gambling company, for $2.7 billion,[64] and agreed on definitive terms of the merger in April 2021.[65]

Properties

The company owns and operates thirteen casino properties and a horse track:

Note: Bally's Las Vegas is owned and operated by Caesars Entertainment, not Bally's Corporation.

References

  1. ^ Form 10-Q: Quarterly Report (Report). Bally's Corporation. May 10, 2021. p. 37 – via EDGAR.
  2. ^ a b c Form 10-K: Annual Report (Report). Bally's Corporation. March 10, 2021. pp. 54–55 – via EDGAR.
  3. ^ Schedule 14A: Proxy Statement (Report). Twin River Worldwide Holdings. April 6, 2020. p. 14 – via EDGAR.
  4. ^ Form 10-Q: Quarterly Report (Report). Bally's Corporation. March 31, 2021 – via EDGAR.
  5. ^ Form 10-Q: Quarterly Report (Report). Bally's Corporation. May 10, 2021. p. 8 – via EDGAR.
  6. ^ Bill, Ordine (25 May 2021). "Bally's Launches its Mobile Sports Betting App in Colorado". Gambling.com. Retrieved 25 June 2021.
  7. ^ a b "Twin River finalises Bally’s rebrand and ticker change," Casino Beats, November 10, 2020.
  8. ^ Heather Tomlinson (March 30, 2004). "Gambling tycoon trumps MGM's bid for Wembley". The Guardian. London. Retrieved 2019-04-02.
  9. ^ Brian Hallenbeck (November 27, 2012). "Holyoke is back in Massachusetts casino mix". The Day. New London, CT. Retrieved 2019-04-02.
  10. ^ Liz Benston (January 27, 2004). "MGM Mirage buying track, slot firm for $490 million". Las Vegas Sun. Retrieved 2019-04-02.
  11. ^ Karen Florin (February 9, 2005). "Wolman, BLB put new offer on table to buy Lincoln Park". The Day. New London, CT – via NewsBank.
  12. ^ Jim Bainbridge (February 9, 2005). "New owners won't change local dog track". The Gazette. Colorado Springs – via NewsBank.
  13. ^ Katherine Gregg (July 19, 2005). "BLB completes its purchase of Lincoln Park". Providence Journal – via NewsBank.
  14. ^ M. Charles Bakst (April 1, 2007). "Slots are smoking at Twin River". Providence Journal – via NewsBank.
  15. ^ George Brennan (June 14, 2008). "Tribe backers' 'racino' at risk". Cape Cod Times – via NewsBank.
  16. ^ Erica Jacobson (June 15, 2008). "Struggling Rhode Island slot parlor faltering under debt". The Bulletin. Norwich, CT – via NewsBank.
  17. ^ Jim Baron (June 24, 2009). "Twin River bankrupt". The Call. Woonsocket, RI – via NewsBank.
  18. ^ Paul Grimaldi (November 10, 2010). "Twin River wins license transfer". Providence Journal – via NewsBank.
  19. ^ Eric Tucker (November 9, 2010). "RI slot parlor emerges from bankruptcy protection". Associated Press – via NewsBank.
  20. ^ "Facility Permit Ownership Transfer Application" (PDF). Rhode Island Department of Business Regulation. p. 359. Retrieved 2019-04-02.
  21. ^ Wayne Heilman (December 16, 2010). "Off-track will get on track". The Gazette. Colorado Springs – via NewsBank.
  22. ^ Terry Frei (May 27, 2010). "Doggone: Greyhound tracks R.I.P." Denver Post – via NewsBank.
  23. ^ "Commerce City agency buys greyhound park". Associated Press. August 3, 2011 – via NewsBank.
  24. ^ Paul Grimaldi (July 10, 2014). "Twin River completes purchase of Mississippi casino". Providence Journal. Retrieved 2019-04-01.
  25. ^ Richard Salit (December 15, 2013). "Twin River agrees to buy Hard Rock Casino in Biloxi, Miss". Providence Journal. Retrieved 2019-04-01.
  26. ^ "Purchase of Biloxi Hard Rock Casino 'important piece of puzzle' for Twin River". The Press-Register. Mobile, AL. AP. February 17, 2014. Retrieved 2019-04-01.
  27. ^ "Twin River acquires rival Newport Grand". Washington Times. AP. March 4, 2015. Retrieved 2019-04-01.
  28. ^ Form 10-K: Annual Report (Report). Twin River Worldwide Holdings. April 1, 2019. p. 4 – via EDGAR.
  29. ^ Courtney Caligiuri (April 21, 2015). "Twin River announces plan to move Newport Grand to Tiverton". WPRI-TV. Retrieved 2019-04-01.
  30. ^ Shaun Towne; Steph Machado; Shiina Losciuto (August 28, 2018). "Newport Grand closes its doors, making way for Tiverton casino". WPRI-TV. Retrieved 2019-04-01.
  31. ^ Scott Barrett (September 1, 2018). "Tiverton casino opens with excitement, protest". Newport Daily News. Retrieved 2019-04-01.
  32. ^ Josh Kosman (July 27, 2020). "Hedge-funder gambles on coronavirus to build casino empire". New York Post. Retrieved 2021-05-08.
  33. ^ Howard Stutz (April 6, 2021). "Fixing a problematic North Las Vegas casino fueled the gaming pursuits of Bally's Soo Kim". CDC Gaming Reports. Retrieved 2021-05-15.
  34. ^ Brad Allen (July 24, 2018). "Twin River acquires Dover Downs for sports betting and egaming expertise". eGaming Review. Retrieved 2019-04-01.
  35. ^ "Twin River completes Dover Downs acquisition and NYSE listing" (Press release). Twin River Worldwide Holdings. March 29, 2019 – via EDGAR.
  36. ^ Brian Hallenbeck (July 23, 2018). "Twin River to merge with Delaware casino, trade publicly". The Day. New London, CT. Retrieved 2019-04-01.
  37. ^ "Twin River completes $51M purchase of 3 casinos". Washington Post. AP. January 24, 2020. Archived from the original on January 24, 2020. Retrieved 2020-01-24.
  38. ^ "Black Hawk casinos bought by east coast operator Twin River". Denver Post. AP. January 29, 2019. Retrieved 2019-04-01.
  39. ^ Ben Markus (January 31, 2019). "Colorado's casinos, horse track arm wrestle over who will cash in on sports betting". Colorado Public Radio. Retrieved 2019-04-01.
  40. ^ https://www.inquirer.com/news/ballys-atlantic-city-sale-acquisition-twin-river-caesars-vici-20200424.html
  41. ^ https://www.kolotv.com/content/news/Eldorado-Resorts-selling-Montbleau-casino-at-Stateline-569929791.html
  42. ^ https://www.nevadaappeal.com/news/eldorado-resorts-to-sell-tahoes-montbleu-louisiana-casino-for-155-million/
  43. ^ Richard N. Velotta (November 18, 2020). "Caesars closes Bally's Atlantic City sale to Rhode Island company". Las Vegas Review-Journal. Retrieved 2020-11-18.
  44. ^ "Shreveport's Eldorado Resort Casino gets new owners". KSLA-TV. December 23, 2020. Retrieved 2020-12-23.
  45. ^ Bailey Schulz (July 11, 2019). "Eldorado Resorts to sell 2 properties in preparation of Caesars deal". Las Vegas Review-Journal. Retrieved 2019-07-13.
  46. ^ Sarah Hayden (October 1, 2020). "Jumer's Casino and Hotel being sold for $120M to Twin River Holdings Inc". Quad-City Times. Retrieved 2020-10-03.
  47. ^ Josh Kosman (October 12, 2020). "Hedge-fund investor Soo Kim buys Bally's casino brand for $20M". New York Post. Retrieved 2020-10-25.
  48. ^ Patrick Anderson (October 13, 2020). "Twin River could soon become Bally's". Providence Journal. Retrieved 2020-10-25.
  49. ^ Daniel Urie (January 4, 2021). "Bally's to open casino near Penn State's main campus". The Patriot-News. Harrisburg, PA. Retrieved 2021-01-04.
  50. ^ Emma North (February 22, 2021). "Bally's Corporation joins the competition to build a resort casino in Richmond". WRIC-TV. Retrieved 2021-03-27.
  51. ^ Chris Suarez (April 21, 2021). "Richmond casino proposals down to 2". Richmond Times-Dispatch. Retrieved 2021-05-15.
  52. ^ "Bally's buying Tropicana hotel on Las Vegas Strip for $308M". Associated Press. 2021-04-13. Retrieved 2021-04-14.
  53. ^ "Bally's to acquire Tropicana Las Vegas Hotel And Casino" (Press release). Bally's Corporation. April 13, 2021. Retrieved 2021-05-15 – via PR Newswire.
  54. ^ a b "Bally's Corporation completes acquisition of Tropicana Evansville casino" (Press release). Bally's Corporation. June 4, 2021. Retrieved 2021-06-06.
  55. ^ Evan Jones (June 4, 2021). "Gaming and Leisure completes acquisition of casinos in Indiana and Delaware". Reading Eagle. Retrieved 2021-06-06.
  56. ^ Novy-Williams, Eben (2020-11-19). "Bally's Buys Sinclair RSN Naming Rights As Part of Sports Betting Push". Sportico.com. Retrieved 2020-11-19.
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  59. ^ Balderston, Michael (2021-01-27). "Sinclair, Bally Reveal Bally Sports Rebrand for RSNs". TVTechnology. Retrieved 2021-01-28.
  60. ^ "Farewell, Fox Sports West. Hello, Bally Sports". Los Angeles Times. 2020-11-19. Retrieved 2021-01-28.
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  64. ^ Amy Thomson (March 24, 2021). "Bally's agrees to buy betting firm Gamesys for $2.7 billion". Bloomberg. Retrieved 2021-03-27.
  65. ^ Moraine, Julie (13 April 2021). "Bally's and Gamesys Agree Combination Definitive Terms". Gambling News. Retrieved 15 June 2021.
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