PHILADELPHIA, July 26, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it has launched an investigation into the recently announced proposed buyout of Bally’s Corporation (“Bally’s”) (NYSE: BALY) shareholders. On July 25, 2024, Bally’s announced that it had agreed to be acquired by its largest shareholder, Standard General L.P., at a price of $18.25 per share. Following the closing of the proposed transaction, Bally’s shareholders will be cashed out of their investment position and the company’s sha ...

Bally's Corporation (BALY) shares soared 25.1% in the last trading session to close at $16.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.7% gain over the past four weeks.Bally’s Corporation shares surged on the news of its merger agreement with Standard General L.P., valued at approximately $4.6 billion. The agreement involves combining Bally’s with The Queen Casino & Entertainment Inc., a regional casino operator. The c ...

WYOMISSING, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended June 30, 2024. Financial Highlights   Three Months Ended June 30,(in millions, except per share data) 2024 2023Total Revenue $380.6 $356.6Income from Operations $293.4 $238.3Net Income $214.4 $160.1FFO(1) (4) $279.2 $225.4AFFO(2) (4) $264.4 $250.4Adjusted EBITDA(3) (4) $340.4 $325.5Net income, per diluted common share and OP un ...

The market expects Bally's Corporation (BALY) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 31, 2024, might help the stock move higher if these key numbers ...

Multi-Faceted Transaction Further Expands and Diversifies GLPI's Industry-Leading Regional Property Portfolio; Provides Bally's with Financing for its Highly-Anticipated Flagship Chicago Casino Facility WYOMISSING, Pa., July 12, 2024 (GLOBE NEWSWIRE) --  Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or "the Company"), announced today that it has entered into a binding term sheet with Bally's Corporation (NYSE:BALY) ("Bally's") pursuant to which the Company intends to acquire the real property as ...

PHILADELPHIA, July 08, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Bally’s Corp. (NYSE: BALY) on behalf of the company’s shareholders. Since May 2022, shares of Bally’s common stock have declined in value from a trading price of over $28.00 per share to a current trading price of less than $13.00 per share, a decline of over 53% in value. The investigation seeks to determine whether Bally’s and/or the company’s officers and directors violated the securities laws or breached t ...

A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote.Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force the firms to study the costs associated with permitting smoking indoors — and whether going smoke-free could save money.The proposals are sponsored sponsored by Trinity Health, a nonprofit health care network, and the Americans for Nonsmokers' Rights Foundation. Trinit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38850 Bally's Corporation (Exact name of registrant as specified in its charter) Delaware 20-0904604 (State or other jurisdiction of incorporation or organizatio ...

Bally’s Corporation (NYSE:BALY) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Charlie Diao – Senior Vice President and Treasurer Robeson Reeves – Chief Executive Officer George Papanier – President Marcus Glover – Chief Financial Officer Conference Call Participants Barry Jonas – Truist David Katz – Jefferies Jeff Stantial – Stifel Chad Beynon – Macquarie Colin Mansfield – CBRE Institutional Research Operator Good day, and welcome to Bally’s Corporation’s First Quarter 2024 Ea ...

For the quarter ended March 2024, Bally's Corporation (BALY) reported revenue of $618.48 million, up 3.3% over the same period last year. EPS came in at -$3.26, compared to -$0.74 in the year-ago quarter.The reported revenue represents a surprise of -0.69% over the Zacks Consensus Estimate of $622.76 million. With the consensus EPS estimate being -$1.13, the EPS surprise was -188.50%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...