Bally's (BALY)

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SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Bally's Corp. (NYSE: BALY) and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-08 12:00
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 ...
Shareholders push casinos to reassess indoor smoking
CNBC· 2024-05-09 17:21
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 ...
Bally's (BALY) - 2024 Q1 - Quarterly Report
2024-05-03 13:12
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 (BALY) - 2024 Q1 - Earnings Call Transcript
2024-05-02 01:47
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 ...
Bally's (BALY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-02 00:36
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 ...
Bally's Corporation (BALY) Reports Q1 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-05-01 23:36
Bally's Corporation (BALY) came out with a quarterly loss of $3.26 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -188.50%. A quarter ago, it was expected that this hotel casino operator would post a loss of $0.55 per share when it actually produced a loss of $0.86, delivering a surprise of -56.36%.Over the last four quarters, the ...
Bally's (BALY) - 2024 Q1 - Earnings Call Presentation
2024-05-01 22:18
Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the securities laws. Forward-looking statements are statements as to matters that are not historical facts and include statements about Bally’s Corporation’s (“Bally’s”) plans, objectives, expectations and intentions. Forward-looking statements are not guarantees and are subject to risks and uncertainties. Forward-looking statements are based on Bally’s current expectations and assumptions. Although Bally’ ...
Bally's (BALY) - 2024 Q1 - Quarterly Results
2024-05-01 20:06
Exhibit 99.1 BALLY'S CORPORATION ANNOUNCES FIRST QUARTER 2024 RESULTS PROVIDENCE, R.I., - May 1, 2024 - Bally's Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Company-wide revenue of $618.5 million, an increase of 3.3% year-over-year • Casinos & Resorts revenue of $342.3 million, up 4.1% year-over-year • International Interactive revenue of $234.7 million, down (4.4)% year-over-year • North America Interactive r ...
Bally's Atlantic City Celebrates 45th Anniversary
Newsfilter· 2024-04-17 14:00
Atlantic City, NJ, April 17, 2024 (GLOBE NEWSWIRE) -- Bally's Atlantic City is thrilled to commemorate its 45th Anniversary by introducing a range of new amenities and special offerings designed to enhance the guest experience. Building upon the successful completion of over $100 million in renovations in the summer of 2022, Bally's is excited to announce additional improvements that will take the customer experience to new heights. These enhancements are aimed at providing guests with even more exciting an ...
Bally's shareholders wage battle over ownership, 'unfunded development projects'
CNBC· 2024-04-02 12:03
In this articleBALYAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. At stake: ownership, its status as a publicly traded company and its highest-profile projects.Bally's Chairman Soo Kim and Standard General, the private equity fund he founded, last month made a bid to take the company private at $15 per ...