Tag: Bally’s Corp.
CCRI launches new culinary associate degree at Newport campus
Historically, it can be stated that the hospitality industry in this country began in Newport almost 200 years ago. More than likely, the challenge...
SEC filing of the week: Bally’s reports $568M loss for 2024
PROVIDENCE – Bally's Corp., the operator of Rhode Island's two casinos and more than a dozen other casinos nationwide, reported a $567.75 million loss...
Bally’s reports 5.1% decline in Q4 revenue; cancels earnings call
PROVIDENCE – Bally's Corp. posted a year-over-year 5.1% decline in revenue in the fourth quarter of 2024, down to $580.4 million, as the casino...
KAPTVA ready to dress up Rhode Island hospitality
There is a hospitality uniform and apparel company in West Greenwich that you’ve probably never heard of.
That’s because KAPTVA Apparel LLC has been providing...
SEC filing of the week: $4.6B buyout of Bally’s completed
PROVIDENCE – New York-based hedge fund Standard General L.P. has completed its buyout of Bally’s Corp. in a deal that valued the casino operator...
Nearly 5 years later, Tiverton casino hotel still empty
Tiverton won a lottery in 2018 when, after the closure of the Newport Grand slot parlor in Newport, the town became one of only...
Bally’s stockholders approve merger with Standard General L.P.
PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...
Bally’s Corp.’s ‘Pink Your Drink’ campaign raises $12.5K
PROVIDENCE – Bally’s Corp.’s inaugural “Pink Your Drink” campaign last month raised $12,500 to support the American Cancer Society’s push to end breast cancer.
The...
SEC filing of the week: Bally’s sells Asian digital business
PROVIDENCE – Bally's Corp. has agreed to sell its digital interactive business in Asia and some other international markets.
In its filing with the Securities...
HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...
When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...
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