Tag: Bally’s Corp.
Bally’s mulls takeover bid as credit agencies downgrade ratings
PROVIDENCE – As the three major credit rating agencies have now downgraded Bally’s Corp.’s financial outlook into junk bond territory in recent weeks, the...
Gaming officials question Bally’s commitment to sports betting in Mass.
PROVIDENCE – As competition heats up among states for a slice of the sports betting pie, the performance of one of Rhode Island’s central...
READY AND ABLE: Older workers filling R.I. employment gaps
After 35 years in insurance marketing, the last 20 with Rhode Island-based Amica Mutual Insurance Co. managing multimillion-dollar campaigns, Eduardo Naya tried to retire.
It...
Bally’s exploring takeover bid from New York hedge fund
PROVIDENCE – Bally’s Corp. announced Tuesday it has formed a committee to evaluate a takeover proposal from a New York-based hedge fund.
Standard General, which...
Millions wagered in first days since iGaming launch in R.I.
PROVIDENCE – Bally's Corp.'s Rhode Island iGaming platform had 1,575 account registrations in the first three days of operation and took $2.6 million in...
iGaming is here, but it won’t be a revenue jackpot. At...
Online casino gambling launched on March 5, but it'll be a few months before state officials will be able to assess if allowing gamblers...
Was it a good idea for Rhode Island to allow online...
Rhode Island on March 5th became the seventh state to offer online casino gaming.
Adults must be 21 or older to play slots and table...
iGaming up and running in R.I., the 7th state to offer...
PROVIDENCE – Online casino gaming is officially live in Rhode Island.
As of noon Tuesday, adults 21 years old and older can play slots and...
Bally’s Corp. reports $172.6M loss in 2023
PROVIDENCE – Bally’s Corp. on Wednesday reported its year-end loss narrowed to $172.6 million in 2023, or $3.24 per diluted share.
In 2022, the hotel casino operator...
‘Soft launch’ expected for iGaming in March
PROVIDENCE – Online casino gaming will go live in Rhode Island next month.
Speaking Thursday during the Greater Providence Chamber of Commerce’s annual Legislative Luncheon...