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Crossroads Rhode Island welcomes 4 new members to board of directors

PROVIDENCE – Crossroads Rhode Island has appointed four new members to its board of directors, adding leaders from business, law, finance and media as...

Should the state pay Bally’s Corp. for increased marketing costs to...

Casino operator Bally’s Corp. says an indoor smoking “ban” due to start in 2027 in the state will cost the company millions of dollars....

Does Bally’s really need financial help from R.I.?

Casino operator Bally’s Corp. is insisting that Rhode Island’s impending indoor smoking “ban” to start in 2027 will cut into future profits, and it...

SEC filing of the week: Bally’s Chicago CFO steps down

PROVIDENCE – H.C. Charles Diao has stepped down as senior vice president of finance and corporate treasurer of Bally’s Corp. and as chief financial...

DraftKings, FanDuel decide to sit on the sidelines in R.I.

Some of the biggest names in online sports betting have said thanks but no thanks to Rhode Island. Last August, the R.I. Lottery received interest...

SEC filing of the Week: Soohyung Kim named Bally’s executive chairman

PROVIDENCE – Soohyung Kim, managing partner of Standard General L.P., has been named Bally’s Corp. executive chairman, according to the gaming company’s filing with the U.S. Securities...
BALLY’S CORP. on Thursday completed the sale and leaseback of Twin River Lincoln Casino Resort in Lincoln and entered into a $1.1 billion term loan agreement. / JON DOUCETTE PHOTOGRAPHY/BALLY’S CORP.

Bally’s completes leaseback of Twin River, enters into $1.1B term loan...

PROVIDENCE – Bally’s Corp. on Thursday completed the sale and leaseback of Twin River Lincoln Casino Resort and entered into a $1.1 billion term loan...
MAKING A POINT: Shameem Awan, second from right, senior assistant vice president of Amica Mutual Insurance Co., speaks during a panel discussion at Providence Business News’ 2025 Diversity, Equity and Inclusion Summit and Awards Program on Dec. 4. Also on the panel, from left, are Monika P. Zuluaga, CEO and president of the Northern Rhode Island Chamber of Commerce; Tracey G. Wiley, executive director of diversity, equity and inclusion at Bally’s Corp.; and moderator Kevin Matta, senior director of people and culture at United Way of Rhode Island Inc.
PBN PHOTO/MIKE SKORSKI

PBN summit: Diversity effort evolving ‘beyond the surface level’

Kevin Matta has watched the definition of diversity, equity and inclusion evolve before his eyes in Rhode Island’s corporate community. In his six years of...
NEW YORK CITY Mayor Eric Adams, third left, participates in the ribbon cutting ceremony at Bally Golf Links, formerly Trump Links, in the Bronx borough of New York in January 2024. Bally’s Corp. has secured a license to build and operate a casino in New York City, according to a report by The Associated Press. / AP FILE PHOTO VIA THE MAYORAL PHOTOGRAPHY OFFICE/MICHAEL APPLETON

Bally’s awarded license to build, operate $4B Bronx casino

PROVIDENCE – Bally’s Corp. has secured a license to build and operate a casino in New York City, according to a report by The...

Bally’s Corp. increases term loan availability to $1.1B for N.Y. license, debt...

PROVIDENCE – Bally’s Corp. has increased its term loan availability to $1.1 billion, which it will use to reduce debt and pay for a...
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