Tag: Robeson Reeves
Bally’s sees Q3 losses grow to $247.9M
PROVIDENCE – Bally’s Corp. reported a loss of $247.9 million in the third quarter of 2024, after reporting a $61.8 million loss in the...
Bally’s agrees to New York hedge fund’s buyout offer valued at...
PROVIDENCE – Rhode Island-based Bally’s Corp. on Thursday agreed to accept a buyout offer from hedge fund Standard General L.P. in a deal that...
R.I. iGaming wagers exceed $60M in May
PROVIDENCE – Rhode Island's share of online gaming revenue reached $2.3 million from April 24 to May 24, a roughly 8% increase over the...
Bally’s shareholders reject smoke-free study for casinos
During a virtual annual meeting that lasted approximately 10 minutes, Bally’s Corp. shareholders Thursday rejected a proposal that could have led Rhode Island’s sole...
Bally’s reports $173.9M loss in Q1, says Washington Bridge affected earnings
PROVIDENCE – Bally’s Corp. on Wednesday reported a $173.9 million loss in the first quarter, compared with a $178.3 million profit in the same...
Agreements bolster Bally’s online sports betting presence
PROVIDENCE – Bally's Corp. announced Tuesday it has signed agreements to help expand and improve the company’s online sports betting presence.
The deals with Kambi...
Bally’s Corp. reports $425M loss in 2022
PROVIDENCE – Bally’s Corp. on Thursday reported its year-end loss widened to $425.5 million in 2022, or $7.42 per diluted share.
The hotel casino operator reported an...
Bally’s making change in leadership, posts preliminary $477M Q4 loss
PROVIDENCE – Lee Fenton, CEO of Bally’s Corp., will step down on March 31, the gaming company announced Monday as it also released preliminary 2022 financial...