Tuesday, July 16, 2024

TOPICS

Home Tags Soo Kim

Tag: Soo Kim

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...
BALLY'S CORP. has reached a multiyear deal to be the national media rightsholder and exclusive fantasy and gaming partner of Minor League Baseball. 

Bally’s agrees to partnership deal with Minor League Baseball

PROVIDENCE – The state’s biggest gambling company now has an assignment in the minors.  Bally’s Corp. announced Friday that it has forged a multiyear partnership...
LEE FENTON, CEO of Bally’s Corp., will step down on March 31 after 18 months on the job. / COURTESY BALLY'S CORP.

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...

Bally’s sells Chicago casino property in $500M leaseback deal

PROVIDENCE – Bally’s Corp. announced Monday it has sold the property for its proposed Chicago casino to a private real estate equity firm in...

Crisafulli, head of Bally’s R.I. operations, to retire

PROVIDENCE – Marc A. ­Crisafulli, head of Bally’s Corp.'s Rhode Island operations and who played a lead role in the casino operator’s 20-year contract...

Bally’s will repurchase $103M of its shares

PROVIDENCE – Bally’s Corp. will spend $103 million in its “Dutch auction” tender offer to buy back a large chunk of its common shares. Based on the...

Bally’s expects to repurchase $107M worth of its shares

PROVIDENCE – Bally’s Corp. expects to spend about $107 million in its recently expired tender offer to buy back a large chunk of its...
BALLY'S CORP. was selected Thursday by Chicago Mayor Lori E. Lightfoot as the preferred builder to construct and operate that city’s first casino. Above, a rendering of the proposed project at the The Chicago Tribune Publishing Center site. / COURTESY BALLY'S CORP.

R.I.-based Bally’s selected to build, operate Chicago casino

PROVIDENCE – Bally’s Corp. was selected Thursday by Chicago Mayor Lori E. Lightfoot as the preferred builder to construct and operate that city’s first...

Bally’s proposes multibillion dollar acquisition of British gaming operator

PROVIDENCE – Bally’s Corp. has agreed to acquire British online gaming operator Gamesys Group PLC in a multibillion dollar deal, according to documents filed...
BALLY'S CORP. has entered into an agreement to acquire the New Jersey-based Bet.Works and has entered into a strategic partnership with Sinclair Broadcasting Group. / AP FILE PHOTO/WAYNE PARRY

Bally’s to acquire sports-betting platform; signs deal with Sinclair

PROVIDENCE – Bally’s Corp. has entered into an agreement to acquire Bet.Works, a sports-betting platform provider to operators in New Jersey, Iowa, Indiana and...
- Featured Event -

Latest News