Bally's (BALY)

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Bally's Corporation (BALY) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-07-31 23:26
Bally's Corporation (BALY) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.47. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.54%. A quarter ago, it was expected that this hotel casino operator would post a loss of $1.13 per share when it actually produced a loss of $3.26, delivering a surprise of -188.50%.Over the last four quarters, the ...
Bally's (BALY) - 2024 Q2 - Quarterly Results
2024-07-31 20:07
Exhibit 99.1 BALLY'S CORPORATION ANNOUNCES SECOND QUARTER 2024 RESULTS PROVIDENCE, R.I., - July 31, 2024 - Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights • Company-wide revenue of $621.7 million, an increase of 2.5% year-over-year ◦ Casinos & Resorts revenue of $343.1 million, up 3.0% year-over-year ◦ UK online revenues grew 9% while overall International Interactive revenue ...
Bally's Buyout Alert: Shareholders Concerned About $18.25 Deal Price Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
Prnewswire· 2024-07-29 11:45
NEW YORK, July 29, 2024 /PRNewswire/ -- Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $18.25 per share buyout of Bally's Corporation (NYSE: BALY) by the company's largest shareholder, private equity firm Standard General L.P.For a free, no-risk consultation, please visit https://julieholleman.com/ballys-corporation/, or contact firm partner Scott Holleman by email at [email protected].Bally's is a global casino-entertainment company with a growing omni-chan ...
BALY INVESTIGATION: The M&A Class Action Firm Launches Investigation Merger of Bally's Corp.
GlobeNewswire News Room· 2024-07-27 11:50
NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally’s Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally’s Corp stockholde ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Bally's Corp. - BALY
Prnewswire· 2024-07-26 18:42
NEW YORK, July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally's Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally's Corp stockholders will receive $18.25 in cash per share they o ...
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Proposed Bally's Corp. (NYSE: BALY) Shareholder Buyout and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-26 17:50
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 ...
Strength Seen in Bally's (BALY): Can Its 25.1% Jump Turn into More Strength?
ZACKS· 2024-07-26 16:01
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 ...
Gaming and Leisure Properties Reports Record Second Quarter 2024 Results and Increases 2024 Full Year Guidance
Newsfilter· 2024-07-25 20:34
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 ...
Bally's Corporation (BALY) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-07-24 15:07
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 ...
Gaming and Leisure Properties Enters into Sale Leaseback and Development Funding Transactions with Bally's Corporation Totaling $1.585 Billion at Blended 8.3% Initial Cash Yield
Newsfilter· 2024-07-12 11:00
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 ...